Vishay Intertechnology, Inc. $VSH Stock: Inspire Investing LLC Cuts Stake

Inspire Investing LLC reduced its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 58.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,405 shares of the semiconductor company’s stock after selling 27,625 shares during the quarter. Inspire Investing LLC’s holdings in Vishay Intertechnology were worth $632,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of VSH. Andar Capital Management HK Ltd acquired a new position in Vishay Intertechnology in the second quarter valued at about $160,000,000. Valliance Asset Management Ltd bought a new stake in Vishay Intertechnology during the second quarter worth about $146,405,000. William Blair Investment Management LLC bought a new stake in Vishay Intertechnology during the second quarter worth about $79,095,000. Assenagon Asset Management S.A. acquired a new stake in Vishay Intertechnology during the third quarter worth about $38,800,000. Finally, Bank of New York Mellon Corp acquired a new stake in Vishay Intertechnology during the second quarter worth about $41,629,000. 93.66% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Raanan Zilberman sold 16,575 shares of the business’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $35.82, for a total transaction of $593,716.50. Following the sale, the director owned 31,937 shares in the company, valued at $1,143,983.34. The trade was a 34.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.35% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on VSH. Needham & Company LLC started coverage on shares of Vishay Intertechnology in a report on Tuesday, August 4th. They issued a “buy” rating and a $45.00 target price on the stock. Wall Street Zen raised shares of Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Saturday, October 10th. Truist Financial began coverage on shares of Vishay Intertechnology in a research report on Thursday, September 3rd. They set a “buy” rating and a $42.00 price target on the stock. Weiss Ratings cut shares of Vishay Intertechnology from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, September 25th. Finally, Raymond James Financial started coverage on shares of Vishay Intertechnology in a research report on Tuesday, August 4th. They set an “outperform” rating and a $40.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $36.67.

Vishay Intertechnology Stock Performance

Shares of Vishay Intertechnology stock opened at $26.74 on Friday. Vishay Intertechnology, Inc. has a fifty-two week low of $11.77 and a fifty-two week high of $69.47. 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 capitalization of $4.10 billion, a P/E ratio of 140.74, a P/E/G ratio of 3.47 and a beta of 1.79. The company’s 50 day moving average price is $31.40 and its two-hundred day moving average price is $31.99.

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

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 10th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $0.40 annualized dividend and a dividend yield of 1.5%. Vishay Intertechnology’s dividend payout ratio (DPR) is 210.53%.

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.