Pinnacle Associates Ltd. Sells 14,522 Shares of Vishay Intertechnology, Inc. $VSH

Pinnacle Associates Ltd. trimmed its holdings in Vishay Intertechnology, Inc. (NYSE:VSHFree Report) by 5.2% in the 4th quarter, Holdings Channel reports. The fund owned 263,217 shares of the semiconductor company’s stock after selling 14,522 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Vishay Intertechnology were worth $3,814,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. State of Alaska Department of Revenue raised its stake in shares of Vishay Intertechnology by 0.3% in the fourth quarter. State of Alaska Department of Revenue now owns 248,135 shares of the semiconductor company’s stock valued at $3,595,000 after purchasing an additional 743 shares in the last quarter. Corient Private Wealth LLC raised its stake in shares of Vishay Intertechnology by 7.4% in the second quarter. Corient Private Wealth LLC now owns 18,598 shares of the semiconductor company’s stock valued at $295,000 after purchasing an additional 1,288 shares in the last quarter. Verdence Capital Advisors LLC raised its stake in shares of Vishay Intertechnology by 4.2% in the third quarter. Verdence Capital Advisors LLC now owns 33,040 shares of the semiconductor company’s stock valued at $506,000 after purchasing an additional 1,335 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Vishay Intertechnology by 709.5% in the third quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 1,575 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Vishay Intertechnology by 5.5% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 32,700 shares of the semiconductor company’s stock valued at $500,000 after purchasing an additional 1,700 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Vishay Intertechnology Stock Performance

Vishay Intertechnology stock opened at $37.31 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.64 and a quick ratio of 1.57. The stock has a fifty day moving average price of $23.43 and a two-hundred day moving average price of $18.94. Vishay Intertechnology, Inc. has a 52-week low of $11.77 and a 52-week high of $40.07. The firm has a market capitalization of $5.07 billion, a P/E ratio of 3,731.20 and a beta of 1.53.

Vishay Intertechnology (NYSE:VSHGet Free Report) last released its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. Vishay Intertechnology had a return on equity of 0.22% and a net margin of 0.07%.The firm had revenue of $839.24 million during the quarter, compared to analyst estimates of $823.54 million. During the same period in the prior year, the company posted ($0.03) earnings per share. The business’s revenue for the quarter was up 17.3% compared to the same quarter last year. As a group, analysts anticipate that Vishay Intertechnology, Inc. will post 0.54 EPS for the current fiscal year.

Vishay Intertechnology News Roundup

Here are the key news stories impacting Vishay Intertechnology this week:

Wall Street Analyst Weigh In

VSH has been the subject of a number of recent research reports. JPMorgan Chase & Co. upped their target price on Vishay Intertechnology from $14.00 to $20.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Bank of America upped their target price on Vishay Intertechnology from $18.00 to $28.00 and gave the company an “underperform” rating in a research note on Thursday. Wall Street Zen upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday. Argus upgraded Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. Finally, Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $24.00.

Get Our Latest Stock Analysis on Vishay Intertechnology

Vishay Intertechnology Company Profile

(Free Report)

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.

Read More

Want to see what other hedge funds are holding VSH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vishay Intertechnology, Inc. (NYSE:VSHFree Report).

Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

Receive News & Ratings for Vishay Intertechnology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Intertechnology and related companies with MarketBeat.com's FREE daily email newsletter.