Vishay Intertechnology, Inc. (NYSE:VSH) CFO Buys $29,380.00 in Stock

Vishay Intertechnology, Inc. (NYSE:VSH) CFO David Mcconnell acquired 2,000 shares of the stock in a transaction dated Monday, May 12th. The stock was bought at an average price of $14.69 per share, for a total transaction of $29,380.00. Following the completion of the purchase, the chief financial officer now owns 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 filing with the SEC, which is accessible through this link.

Vishay Intertechnology Price Performance

Vishay Intertechnology stock opened at $15.03 on Friday. The business’s fifty day moving average is $13.95 and its two-hundred day moving average is $16.15. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70. The firm has a market cap of $2.04 billion, a P/E ratio of -62.63 and a beta of 1.06. Vishay Intertechnology, Inc. has a 52 week low of $10.35 and a 52 week high of $24.69.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.03). Vishay Intertechnology had a negative net margin of 1.06% and a positive return on equity of 3.06%. The business had revenue of $715.24 million for the quarter, compared to the consensus estimate of $713.50 million. During the same quarter in the prior year, the company earned $0.22 EPS. The firm’s quarterly revenue was down 4.2% on a year-over-year basis. Equities research analysts forecast that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Saturday, May 10th.

Hedge Funds Weigh In On Vishay Intertechnology

Large investors have recently modified their holdings of the stock. Royal Bank of Canada increased its holdings in shares of Vishay Intertechnology by 26.6% in the first quarter. Royal Bank of Canada now owns 71,823 shares of the semiconductor company’s stock valued at $1,142,000 after purchasing an additional 15,079 shares in the last quarter. Eisler Capital Management Ltd. bought a new position in Vishay Intertechnology in the 1st quarter valued at $217,000. Systematic Financial Management LP boosted its position in Vishay Intertechnology by 4.0% in the 1st quarter. Systematic Financial Management LP now owns 1,514,217 shares of the semiconductor company’s stock valued at $24,076,000 after buying an additional 58,466 shares during the last quarter. Bragg Financial Advisors Inc increased its stake in shares of Vishay Intertechnology by 43.0% in the 1st quarter. Bragg Financial Advisors Inc now owns 1,584,441 shares of the semiconductor company’s stock valued at $25,193,000 after buying an additional 476,372 shares during the period. Finally, Summit Securities Group LLC acquired a new stake in shares of Vishay Intertechnology in the 1st quarter valued at $126,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

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.