Vishay Intertechnology, Inc. (NYSE:VSH) Chairman Marc Zandman Sells 27,176 Shares

Vishay Intertechnology, Inc. (NYSE:VSH) Chairman Marc Zandman sold 27,176 shares of Vishay Intertechnology stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total transaction of $458,730.88. Following the completion of the transaction, the chairman now directly owns 76,468 shares in the company, valued at $1,290,779.84. This represents a 26.22 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Marc Zandman also recently made the following trade(s):

• On Thursday, January 2nd, Marc Zandman sold 20,359 shares of Vishay Intertechnology stock. The stock was sold at an average price of $16.71, for a total transaction of $340,198.89.

Vishay Intertechnology Stock Performance

Shares of VSH stock opened at $17.29 on Wednesday. Vishay Intertechnology, Inc. has a 1-year low of $14.95 and a 1-year high of $24.68. The company has a market capitalization of $2.34 billion, a price-to-earnings ratio of -72.06 and a beta of 1.12. 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 stock’s fifty day simple moving average is $17.21 and its 200-day simple moving average is $17.78.

Vishay Intertechnology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.31%. The ex-dividend date is Thursday, March 13th. Vishay Intertechnology’s payout ratio is presently -166.67%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on VSH shares. JPMorgan Chase & Co. started coverage on Vishay Intertechnology in a report on Monday, December 16th. They issued a “neutral” rating and a $19.00 target price on the stock. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Thursday, February 27th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Atria Investments Inc increased its position in Vishay Intertechnology by 3.2% during the fourth quarter. Atria Investments Inc now owns 18,790 shares of the semiconductor company’s stock worth $318,000 after buying an additional 590 shares during the last quarter. Coldstream Capital Management Inc. boosted its holdings in shares of Vishay Intertechnology by 6.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 11,090 shares of the semiconductor company’s stock worth $188,000 after buying an additional 663 shares during the period. PNC Financial Services Group Inc. grew its stake in Vishay Intertechnology by 3.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 20,010 shares of the semiconductor company’s stock valued at $339,000 after buying an additional 714 shares during the last quarter. Somerset Trust Co lifted its position in Vishay Intertechnology by 10.4% during the 4th quarter. Somerset Trust Co now owns 12,253 shares of the semiconductor company’s stock worth $208,000 after acquiring an additional 1,152 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Vishay Intertechnology by 1.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 104,986 shares of the semiconductor company’s stock valued at $1,778,000 after purchasing an additional 1,767 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company’s stock.

About Vishay Intertechnology

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.