Royce & Associates LP lowered its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 4.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,905,068 shares of the company’s stock after selling 309,415 shares during the period. Vishay Intertechnology comprises approximately 0.7% of Royce & Associates LP’s investment portfolio, making the stock its 14th largest position. Royce & Associates LP owned 4.73% of Vishay Intertechnology worth $111,862,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of VSH. First Citizens Bank & Trust Co. raised its position in shares of Vishay Intertechnology by 1.4% in the third quarter. First Citizens Bank & Trust Co. now owns 28,630 shares of the company’s stock worth $403,000 after buying an additional 384 shares during the period. LS Investment Advisors LLC raised its position in shares of Vishay Intertechnology by 5.7% in the third quarter. LS Investment Advisors LLC now owns 8,579 shares of the company’s stock worth $121,000 after buying an additional 465 shares during the period. Municipal Employees Retirement System of Michigan raised its position in shares of Vishay Intertechnology by 1.5% in the third quarter. Municipal Employees Retirement System of Michigan now owns 60,870 shares of the company’s stock worth $858,000 after buying an additional 890 shares during the period. Quantitative Systematic Strategies LLC raised its position in shares of Vishay Intertechnology by 8.7% in the second quarter. Quantitative Systematic Strategies LLC now owns 13,594 shares of the company’s stock worth $163,000 after buying an additional 1,090 shares during the period. Finally, Nisa Investment Advisors LLC raised its position in shares of Vishay Intertechnology by 5.3% in the third quarter. Nisa Investment Advisors LLC now owns 30,050 shares of the company’s stock worth $423,000 after buying an additional 1,500 shares during the period.
Vishay Intertechnology, Inc. (NYSE:VSH) traded up 0.31% on Monday, reaching $16.15. The company had a trading volume of 651,246 shares. The firm has a 50 day moving average price of $16.45 and a 200-day moving average price of $14.87. The stock has a market capitalization of $2.36 billion, a price-to-earnings ratio of 50.47 and a beta of 1.12. Vishay Intertechnology, Inc. has a 12 month low of $11.13 and a 12 month high of $17.00.
Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Tuesday, February 7th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.21 by $0.03. The company had revenue of $571 million for the quarter, compared to the consensus estimate of $581.37 million. Vishay Intertechnology had a return on equity of 7.72% and a net margin of 2.10%. Vishay Intertechnology’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the company earned $0.14 EPS. Analysts forecast that Vishay Intertechnology, Inc. will post $1.02 earnings per share for the current fiscal year.
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Several analysts have recently weighed in on the company. Zacks Investment Research lowered Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Wednesday, December 14th. Stifel Nicolaus lowered Vishay Intertechnology from a “buy” rating to a “hold” rating and set a $15.00 target price on the stock. in a research report on Wednesday, November 9th. They noted that the move was a valuation call. Finally, TheStreet raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Wednesday, November 9th.
In other news, Director Ruta Zandman sold 37,417 shares of the stock in a transaction dated Tuesday, December 13th. The shares were sold at an average price of $16.06, for a total transaction of $600,917.02. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Marc Zandman sold 27,619 shares of the stock in a transaction dated Monday, December 12th. The stock was sold at an average price of $15.97, for a total transaction of $441,075.43. Following the transaction, the insider now directly owns 102,719 shares in the company, valued at approximately $1,640,422.43. The disclosure for this sale can be found here. 7.91% of the stock is owned by corporate insiders.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five segments. The MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs. The Diodes segment’s products include rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers (SCRs) and power modules.
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