Roy Shoshani Buys 10,000 Shares of Vishay Intertechnology, Inc. (NYSE:VSH) Stock

Vishay Intertechnology, Inc. (NYSE:VSH) EVP Roy Shoshani bought 10,000 shares of the company’s stock in a transaction on Tuesday, May 13th. The shares were acquired at an average price of $14.95 per share, for a total transaction of $149,500.00. Following the transaction, the executive vice president now directly owns 106,550 shares in the company, valued at $1,592,922.50. This trade represents a 10.36% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Vishay Intertechnology Stock Up 2.0%

VSH stock opened at $15.13 on Thursday. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The company’s 50-day moving average price is $14.00 and its 200 day moving average price is $16.17. Vishay Intertechnology, Inc. has a 52 week low of $10.35 and a 52 week high of $24.69. The company has a market cap of $2.05 billion, a P/E ratio of -63.04 and a beta of 1.06.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.03). The business had revenue of $715.24 million for the quarter, compared to analysts’ expectations of $713.50 million. Vishay Intertechnology had a positive return on equity of 3.06% and a negative net margin of 1.06%. The company’s revenue was down 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.22 EPS. On average, research analysts expect that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of Vishay Intertechnology in the 4th quarter worth about $143,719,000. Hood River Capital Management LLC acquired a new position in Vishay Intertechnology during the fourth quarter worth about $53,860,000. First Trust Advisors LP lifted its holdings in shares of Vishay Intertechnology by 34.5% in the fourth quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company’s stock valued at $86,011,000 after purchasing an additional 1,301,383 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Vishay Intertechnology by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company’s stock valued at $281,652,000 after purchasing an additional 1,224,112 shares during the last quarter. Finally, Woodline Partners LP grew its position in shares of Vishay Intertechnology by 148.5% in the fourth quarter. Woodline Partners LP now owns 1,770,791 shares of the semiconductor company’s stock valued at $29,997,000 after purchasing an additional 1,058,173 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Saturday, May 10th.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.