Amalgamated Bank Cuts Stake in Vishay Intertechnology, Inc. (NYSE:VSH)

Amalgamated Bank reduced its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 3.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,690 shares of the semiconductor company’s stock after selling 1,040 shares during the period. Amalgamated Bank’s holdings in Vishay Intertechnology were worth $520,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Wealthfront Advisers LLC purchased a new position in shares of Vishay Intertechnology during the 4th quarter worth about $38,000. GAMMA Investing LLC increased its position in Vishay Intertechnology by 602.1% during the 1st quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 2,312 shares in the last quarter. Sterling Capital Management LLC increased its position in Vishay Intertechnology by 819.2% during the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company’s stock worth $67,000 after purchasing an additional 3,547 shares in the last quarter. State of Wyoming increased its position in Vishay Intertechnology by 234.2% during the 4th quarter. State of Wyoming now owns 8,893 shares of the semiconductor company’s stock worth $151,000 after purchasing an additional 6,232 shares in the last quarter. Finally, Wolverine Trading LLC acquired a new stake in Vishay Intertechnology during the 4th quarter worth approximately $171,000. 93.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Saturday, May 10th.

Vishay Intertechnology Stock Up 1.8%

VSH opened at $17.92 on Friday. The firm has a 50 day moving average price of $15.15 and a 200 day moving average price of $15.62. The company has a market cap of $2.43 billion, a PE ratio of -36.57 and a beta of 1.12. Vishay Intertechnology, Inc. has a 1 year low of $10.35 and a 1 year high of $24.69. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.79 and a current ratio of 2.80.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.03). Vishay Intertechnology had a negative net margin of 2.28% and a positive return on equity of 1.46%. The company had revenue of $715.24 million during the quarter, compared to the consensus estimate of $713.50 million. During the same quarter last year, the company earned $0.22 earnings per share. Vishay Intertechnology’s revenue for the quarter was down 4.2% on a year-over-year basis. Sell-side analysts expect that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, June 18th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend was Wednesday, June 18th. Vishay Intertechnology’s dividend payout ratio (DPR) is -81.63%.

Insider Activity

In other Vishay Intertechnology news, CFO David Mcconnell bought 2,000 shares of Vishay Intertechnology stock in a transaction dated Monday, May 12th. The stock was bought at an average cost of $14.69 per share, for a total transaction of $29,380.00. Following the purchase, the chief financial officer owned 53,501 shares in the company, valued at $785,929.69. This represents a 3.88% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Michael J. Cody bought 3,500 shares of Vishay Intertechnology stock in a transaction dated Wednesday, June 11th. The shares were acquired at an average price of $16.12 per share, with a total value of $56,420.00. Following the completion of the purchase, the director owned 60,169 shares in the company, valued at approximately $969,924.28. The trade was a 6.18% increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders acquired 16,750 shares of company stock worth $253,568. 8.32% of the stock is currently owned by insiders.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.