Vishay Intertechnology, Inc. (NYSE:VSH) Director Michael J. Cody Acquires 3,500 Shares

Vishay Intertechnology, Inc. (NYSE:VSH) Director Michael J. Cody purchased 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 11th. The stock was acquired at an average price of $16.12 per share, with a total value of $56,420.00. Following the completion of the purchase, the director now owns 60,169 shares in the company, valued at $969,924.28. This represents a 6.18% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Vishay Intertechnology Trading Down 0.6%

Vishay Intertechnology stock opened at $15.88 on Thursday. Vishay Intertechnology, Inc. has a 12 month low of $10.35 and a 12 month high of $24.69. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of -66.15 and a beta of 1.09. The business’s fifty day simple moving average is $13.36 and its two-hundred day simple moving average is $15.89. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.03). Vishay Intertechnology had a negative net margin of 1.06% and a positive return on equity of 3.06%. The firm had revenue of $715.24 million during the quarter, compared to analysts’ expectations of $713.50 million. During the same period in the prior year, the company posted $0.22 earnings per share. The company’s revenue for the quarter was down 4.2% compared to the same quarter last year. As a group, equities analysts predict that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Wednesday, June 18th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.52%. Vishay Intertechnology’s payout ratio is -81.63%.

Analyst Ratings Changes

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

Institutional Trading of Vishay Intertechnology

Several hedge funds have recently modified their holdings of VSH. Atria Investments Inc grew its position in Vishay Intertechnology by 3.2% in the fourth quarter. Atria Investments Inc now owns 18,790 shares of the semiconductor company’s stock worth $318,000 after acquiring an additional 590 shares in the last quarter. Coldstream Capital Management Inc. grew its holdings in shares of Vishay Intertechnology by 6.4% in the fourth quarter. Coldstream Capital Management Inc. now owns 11,090 shares of the semiconductor company’s stock worth $188,000 after purchasing an additional 663 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Vishay Intertechnology by 3.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 20,010 shares of the semiconductor company’s stock worth $339,000 after purchasing an additional 714 shares during the period. Covestor Ltd increased its stake in shares of Vishay Intertechnology by 10.5% during the first quarter. Covestor Ltd now owns 12,131 shares of the semiconductor company’s stock valued at $193,000 after buying an additional 1,156 shares during the period. Finally, National Bank of Canada FI raised its holdings in shares of Vishay Intertechnology by 10.1% in the 1st quarter. National Bank of Canada FI now owns 16,123 shares of the semiconductor company’s stock valued at $257,000 after purchasing an additional 1,479 shares in the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.

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.