Insider Selling: Bel Fuse (NASDAQ:BELFA) VP Sells $58,845.84 in Stock

Bel Fuse Inc. (NASDAQ:BELFA) VP Joseph Berry sold 408 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $144.23, for a total transaction of $58,845.84. Following the sale, the vice president owned 17,893 shares of the company’s stock, valued at $2,580,707.39. This represents a 2.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Tuesday, November 18th, Joseph Berry sold 119 shares of Bel Fuse stock. The shares were sold at an average price of $141.96, for a total transaction of $16,893.24.

Bel Fuse Price Performance

Shares of NASDAQ:BELFA opened at $120.53 on Friday. Bel Fuse Inc. has a 12 month low of $53.95 and a 12 month high of $142.70. The firm has a market capitalization of $1.53 billion, a P/E ratio of 24.45 and a beta of 1.25. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.05 and a quick ratio of 1.72. The company’s fifty day moving average price is $124.68 and its 200 day moving average price is $103.61.

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

Bel Fuse Dividend Announcement

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Bel Fuse in a report on Wednesday, October 8th. One research 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 company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $115.00.

Institutional Trading of Bel Fuse

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Herald Investment Management Ltd lifted its position in Bel Fuse by 87.5% during the 1st quarter. Herald Investment Management Ltd now owns 7,500 shares of the scientific and technical instruments company’s stock worth $540,000 after acquiring an additional 3,500 shares during the period. Cynosure Group LLC purchased a new stake in shares of Bel Fuse during the first quarter worth approximately $310,000. American Century Companies Inc. lifted its holdings in shares of Bel Fuse by 19.6% during the first quarter. American Century Companies Inc. now owns 35,895 shares of the scientific and technical instruments company’s stock worth $2,587,000 after purchasing an additional 5,876 shares during the period. Makaira Partners LLC acquired a new stake in shares of Bel Fuse during the first quarter worth $288,000. Finally, Rhumbline Advisers grew its position in Bel Fuse by 41.5% in the 1st quarter. Rhumbline Advisers now owns 2,613 shares of the scientific and technical instruments company’s stock valued at $188,000 after buying an additional 767 shares during the last quarter. 6.01% of the stock is owned by hedge funds and other institutional investors.

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.