20,214 Shares of Vishay Intertechnology, Inc. $VSH Bought by Net Worth Advisory Group

Net Worth Advisory Group bought a new stake in Vishay Intertechnology, Inc. (NYSE:VSH) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 20,214 shares of the semiconductor company’s stock, valued at approximately $693,000.

Other hedge funds have also made changes to their positions in the company. Counterpoint Mutual Funds LLC purchased a new position in Vishay Intertechnology during the third quarter valued at approximately $282,000. Assenagon Asset Management S.A. acquired a new position in shares of Vishay Intertechnology in the third quarter worth $38,800,000. Fortitude Family Office LLC increased its position in Vishay Intertechnology by 988.5% in the 3rd quarter. Fortitude Family Office LLC now owns 1,611 shares of the semiconductor company’s stock worth $52,000 after purchasing an additional 1,463 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Vishay Intertechnology by 15.4% during the 3rd quarter. GAMMA Investing LLC now owns 10,687 shares of the semiconductor company’s stock worth $348,000 after purchasing an additional 1,426 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of Vishay Intertechnology by 275.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,503 shares of the semiconductor company’s stock worth $114,000 after purchasing an additional 2,571 shares in the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Raanan Zilberman sold 16,575 shares of the business’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $35.82, for a total value of $593,716.50. Following the completion of the sale, the director directly owned 31,937 shares in the company, valued at approximately $1,143,983.34. The trade was a 34.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 8.35% of the company’s stock.

Vishay Intertechnology Price Performance

NYSE VSH opened at $28.52 on Tuesday. Vishay Intertechnology, Inc. has a fifty-two week low of $11.77 and a fifty-two week high of $69.47. The stock’s 50-day moving average is $32.31 and its two-hundred day moving average is $37.71. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27. The firm has a market cap of $4.37 billion, a P/E ratio of 150.09, a price-to-earnings-growth ratio of 3.27 and a beta of 1.79.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.04. The company had revenue of $918.58 million during the quarter, compared to the consensus estimate of $897.03 million. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%. The firm’s revenue was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.07) EPS. On average, analysts anticipate that Vishay Intertechnology, Inc. will post 0.85 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 10th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, September 10th. Vishay Intertechnology’s dividend payout ratio (DPR) is presently 210.53%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on VSH. Wall Street Zen upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Saturday, October 10th. Needham & Company LLC initiated coverage on shares of Vishay Intertechnology in a research note on Tuesday, August 4th. They issued a “buy” rating and a $45.00 target price for the company. Zacks Research upgraded shares of Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. Oppenheimer boosted their target price on shares of Vishay Intertechnology from $42.00 to $45.00 and gave the stock an “outperform” rating in a research report on Thursday, October 8th. Finally, Raymond James Financial started coverage on shares of Vishay Intertechnology in a research note on Tuesday, August 4th. They set an “outperform” rating and a $40.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $36.67.

Vishay Intertechnology Profile

Vishay Intertechnology, Inc is a global manufacturer of electronic components used in industrial, automotive, computing, telecommunications, consumer electronics, aerospace and defense, and medical applications. The company’s portfolio includes passive components and semiconductor products that support power management, signal processing, sensing, connectivity and energy conversion.

Its products include resistors, capacitors, inductors, diodes, rectifiers, power MOSFETs, optoelectronic components, sensors, transducers and related power and circuit-protection devices.