Bel Fuse (NASDAQ:BELFA) VP Joseph Berry Sells 119 Shares

Bel Fuse Inc. (NASDAQ:BELFA) VP Joseph Berry sold 119 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $141.96, for a total transaction of $16,893.24. Following the completion of the sale, the vice president owned 17,774 shares of the company’s stock, valued at approximately $2,523,197.04. The trade was a 0.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Joseph Berry also recently made the following trade(s):

• On Monday, November 17th, Joseph Berry sold 408 shares of Bel Fuse stock. The shares were sold at an average price of $144.23, for a total transaction of $58,845.84.

Bel Fuse Trading Up 1.9%

NASDAQ:BELFA traded up $2.38 during trading hours on Thursday, reaching $124.78. The company’s stock had a trading volume of 36,986 shares, compared to its average volume of 9,352. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.72 and a current ratio of 3.05. The firm has a market capitalization of $1.58 billion, a price-to-earnings ratio of 25.35 and a beta of 1.25. The firm has a 50-day simple moving average of $124.85 and a 200-day simple moving average of $103.14. Bel Fuse Inc. has a 1 year low of $53.95 and a 1 year high of $142.70.

Bel Fuse (NASDAQ:BELFA) last posted its quarterly earnings results on Wednesday, October 29th. The scientific and technical instruments company reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.59. The business had revenue of $178.98 million during the quarter, compared to analyst estimates of $171.69 million. Bel Fuse had a net margin of 10.04% and a return on equity of 21.84%. Bel Fuse has set its Q4 2025 guidance at EPS.

Bel Fuse Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, January 15th. Bel Fuse’s payout ratio is 4.87%.

Hedge Funds Weigh In On Bel Fuse

Several hedge funds have recently made changes to their positions in the business. Investors Asset Management of Georgia Inc. GA ADV raised its holdings in shares of Bel Fuse by 0.4% during the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 26,151 shares of the scientific and technical instruments company’s stock valued at $3,043,000 after acquiring an additional 100 shares in the last quarter. Rhumbline Advisers raised its holdings in Bel Fuse by 3.9% in the 3rd quarter. Rhumbline Advisers now owns 3,196 shares of the scientific and technical instruments company’s stock worth $372,000 after purchasing an additional 121 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Bel Fuse by 6.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,351 shares of the scientific and technical instruments company’s stock worth $274,000 after purchasing an additional 150 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Bel Fuse by 92.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 319 shares of the scientific and technical instruments company’s stock worth $37,000 after purchasing an additional 153 shares during the period. Finally, Gabelli Funds LLC boosted its stake in shares of Bel Fuse by 0.3% during the 2nd quarter. Gabelli Funds LLC now owns 67,400 shares of the scientific and technical instruments company’s stock valued at $6,056,000 after purchasing an additional 200 shares in the last quarter. 6.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Bel Fuse in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Bel Fuse currently has an average rating of “Buy” and an average target price of $115.00.

About Bel Fuse

Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.