Vishay Intertechnology, Inc. $VSH Shares Sold by Inspire Investing LLC

Inspire Investing LLC reduced its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 58.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 19,405 shares of the semiconductor company’s stock after selling 27,625 shares during the quarter. Inspire Investing LLC’s holdings in Vishay Intertechnology were worth $632,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VSH. Root Financial Partners LLC bought a new position in shares of Vishay Intertechnology during the third quarter valued at $26,000. Rockefeller Capital Management L.P. grew its stake in shares of Vishay Intertechnology by 212.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,062 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 1,402 shares during the last quarter. Carolina Wealth Advisors LLC bought a new stake in shares of Vishay Intertechnology in the second quarter worth $32,000. Rakuten Securities Inc. acquired a new stake in Vishay Intertechnology in the second quarter valued at $47,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in Vishay Intertechnology in the second quarter valued at $49,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on VSH. Truist Financial assumed coverage on Vishay Intertechnology in a report on Thursday, September 3rd. They set a “buy” rating and a $42.00 target price on the stock. Wall Street Zen raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Zacks Research upgraded Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Weiss Ratings downgraded Vishay Intertechnology from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, September 25th. Finally, Raymond James Financial started coverage on Vishay Intertechnology in a research note on Tuesday, August 4th. They issued an “outperform” rating and a $40.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vishay Intertechnology has a consensus rating of “Moderate Buy” and an average target price of $36.67.

Insiders Place Their Bets

In other Vishay Intertechnology news, Director Raanan Zilberman sold 16,575 shares of Vishay Intertechnology stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $35.82, for a total value of $593,716.50. Following the completion of the sale, the director directly owned 31,937 shares in the company, valued at approximately $1,143,983.34. The trade was a 34.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 8.35% of the company’s stock.

Vishay Intertechnology Stock Performance

Shares of Vishay Intertechnology stock opened at $26.74 on Friday. The company has a current ratio of 1.80, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average price of $31.40 and a two-hundred day moving average price of $31.99. Vishay Intertechnology, Inc. has a 1-year low of $11.77 and a 1-year high of $69.47. The company has a market cap of $4.10 billion, a P/E ratio of 140.74, a PEG ratio of 3.47 and a beta of 1.79.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.04. Vishay Intertechnology had a return on equity of 1.84% and a net margin of 0.86%. The company had revenue of $918.58 million for the quarter, compared to the consensus estimate of $897.03 million. During the same period in the previous year, the business earned ($0.07) EPS. The firm’s revenue was up 16.6% compared to the same quarter last year. As a group, analysts anticipate that Vishay Intertechnology, Inc. will post 0.85 EPS for the current year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Thursday, September 10th. Vishay Intertechnology’s payout ratio is presently 210.53%.

About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer of electronic components used in industrial, automotive, computing, telecommunications, consumer electronics, aerospace and defense, and medical applications. The company’s portfolio includes passive components and semiconductor products that support power management, signal processing, sensing, connectivity and energy conversion.

Its products include resistors, capacitors, inductors, diodes, rectifiers, power MOSFETs, optoelectronic components, sensors, transducers and related power and circuit-protection devices.