Twinbeech Capital LP Grows Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Twinbeech Capital LP increased its position in Vishay Intertechnology, Inc. (NYSE:VSH) by 1,289.5% in the fourth quarter, HoldingsChannel reports. The firm owned 223,771 shares of the semiconductor company’s stock after purchasing an additional 207,666 shares during the quarter. Twinbeech Capital LP’s holdings in Vishay Intertechnology were worth $3,791,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in VSH. Inspire Investing LLC raised its stake in Vishay Intertechnology by 8.7% during the fourth quarter. Inspire Investing LLC now owns 23,658 shares of the semiconductor company’s stock valued at $401,000 after buying an additional 1,898 shares during the last quarter. Exchange Traded Concepts LLC purchased a new position in Vishay Intertechnology during the fourth quarter valued at $285,000. Olstein Capital Management L.P. raised its stake in Vishay Intertechnology by 16.7% during the fourth quarter. Olstein Capital Management L.P. now owns 140,000 shares of the semiconductor company’s stock valued at $2,372,000 after buying an additional 20,000 shares during the last quarter. Blue Trust Inc. raised its stake in Vishay Intertechnology by 275.9% during the fourth quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock valued at $46,000 after buying an additional 1,989 shares during the last quarter. Finally, Twelve Points Wealth Management LLC raised its stake in Vishay Intertechnology by 738.7% during the fourth quarter. Twelve Points Wealth Management LLC now owns 105,623 shares of the semiconductor company’s stock valued at $1,789,000 after buying an additional 93,030 shares during the last quarter. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In other Vishay Intertechnology news, CFO David Mcconnell bought 2,000 shares of Vishay Intertechnology stock in a transaction on Monday, May 12th. The stock was acquired at an average price of $14.69 per share, with a total value of $29,380.00. Following the acquisition, the chief financial officer now owns 53,501 shares in the company, valued at approximately $785,929.69. This trade represents a 3.88% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Roy Shoshani bought 10,000 shares of Vishay Intertechnology stock in a transaction on Tuesday, May 13th. The stock was acquired at an average cost of $14.95 per share, with a total value of $149,500.00. Following the acquisition, the executive vice president now owns 106,550 shares in the company, valued at approximately $1,592,922.50. This represents a 10.36% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 13,000 shares of company stock valued at $193,280. Corporate insiders own 8.32% of the company’s stock.

Vishay Intertechnology Stock Down 0.9%

Shares of NYSE:VSH opened at $14.88 on Wednesday. The stock has a fifty day simple moving average of $13.84 and a two-hundred day simple moving average of $16.09. The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of -62.00 and a beta of 1.06. Vishay Intertechnology, Inc. has a 12-month low of $10.35 and a 12-month high of $24.69. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.03). The business had revenue of $715.24 million during 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 firm’s quarterly revenue was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.22 earnings per share. On average, research analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Wednesday, June 18th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.69%. Vishay Intertechnology’s payout ratio is -81.63%.

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.