GAMMA Investing LLC Buys 2,312 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

GAMMA Investing LLC raised its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 602.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,696 shares of the semiconductor company’s stock after purchasing an additional 2,312 shares during the quarter. GAMMA Investing LLC’s holdings in Vishay Intertechnology were worth $43,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. First Trust Advisors LP grew its stake in Vishay Intertechnology by 34.5% in the fourth quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company’s stock valued at $86,011,000 after purchasing an additional 1,301,383 shares in the last quarter. Sei Investments Co. lifted its position in shares of Vishay Intertechnology by 20.6% in the fourth quarter. Sei Investments Co. now owns 170,659 shares of the semiconductor company’s stock valued at $2,891,000 after buying an additional 29,137 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Vishay Intertechnology by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company’s stock valued at $281,652,000 after buying an additional 1,224,112 shares during the last quarter. Polymer Capital Management HK LTD acquired a new stake in shares of Vishay Intertechnology in the fourth quarter valued at approximately $462,000. Finally, DnB Asset Management AS acquired a new stake in shares of Vishay Intertechnology in the fourth quarter valued at approximately $360,000. 93.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Vishay Intertechnology Stock Performance

VSH opened at $17.92 on Friday. Vishay Intertechnology, Inc. has a 12-month low of $10.35 and a 12-month high of $24.69. The stock has a market cap of $2.43 billion, a price-to-earnings ratio of -36.57 and a beta of 1.12. The business has a 50 day moving average of $15.15 and a 200-day moving average of $15.62. The company has a quick ratio of 1.79, a current ratio of 2.80 and a debt-to-equity ratio of 0.49.

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

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 18th were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, June 18th. This represents a $0.40 annualized dividend and a yield of 2.23%. Vishay Intertechnology’s payout ratio is currently -81.63%.

Insider Buying and Selling

In other news, CFO David Mcconnell purchased 2,000 shares of the company’s stock in a transaction that occurred on Monday, May 12th. The stock was acquired at an average cost of $14.69 per share, with a total value of $29,380.00. Following the acquisition, the chief financial officer owned 53,501 shares in the company, valued at approximately $785,929.69. This trade represents a 3.88% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Roy Shoshani purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 13th. The shares were purchased at an average cost of $14.95 per share, with a total value of $149,500.00. Following the completion of the acquisition, the executive vice president owned 106,550 shares in the company, valued at $1,592,922.50. The trade was a 10.36% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 16,750 shares of company stock valued at $253,568. Insiders own 8.32% of the company’s stock.

Vishay Intertechnology 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.