Bel Fuse (NASDAQ:BELFA) VP Sells $80,065.44 in Stock

Bel Fuse Inc. (NASDAQ:BELFA) VP Kenneth Koon Keung Lai sold 564 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $141.96, for a total transaction of $80,065.44. Following the completion of the transaction, the vice president owned 7,755 shares of the company’s stock, valued at $1,100,899.80. This trade represents a 6.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Kenneth Koon Keung Lai also recently made the following trade(s):

• On Monday, November 17th, Kenneth Koon Keung Lai sold 1,936 shares of Bel Fuse stock. The stock was sold at an average price of $144.23, for a total transaction of $279,229.28.

Bel Fuse Price Performance

Shares of BELFA stock traded up $2.89 during trading on Wednesday, hitting $122.40. The company had a trading volume of 75,951 shares, compared to its average volume of 9,265. The stock’s 50-day moving average is $124.85 and its two-hundred day moving average is $103.14. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of 24.83 and a beta of 1.25. The company has a quick ratio of 1.72, a current ratio of 3.05 and a debt-to-equity ratio of 0.63. Bel Fuse Inc. has a 52 week low of $53.95 and a 52 week high of $142.70.

Bel Fuse (NASDAQ:BELFA) last released its quarterly earnings results on Wednesday, October 29th. The scientific and technical instruments company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.40 by $0.59. The business had revenue of $178.98 million during the quarter, compared to analysts’ expectations 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 company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors 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 dividend payout ratio is currently 4.87%.

Institutional Trading of Bel Fuse

Several hedge funds have recently added to or reduced their stakes in BELFA. Qube Research & Technologies Ltd purchased a new stake in Bel Fuse during the third quarter valued at about $286,000. Millennium Management LLC bought a new stake in shares of Bel Fuse in the 3rd quarter valued at about $358,000. Citadel Advisors LLC lifted its stake in shares of Bel Fuse by 434.9% in the 3rd quarter. Citadel Advisors LLC now owns 13,336 shares of the scientific and technical instruments company’s stock valued at $1,552,000 after acquiring an additional 10,843 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Bel Fuse during the 3rd quarter valued at about $1,628,000. Finally, BNP Paribas Financial Markets grew its position in Bel Fuse by 92.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 319 shares of the scientific and technical instruments company’s stock worth $37,000 after acquiring an additional 153 shares during the last quarter. 6.01% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Bel Fuse Company Profile

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.