Vishay Intertechnology, Inc. (NYSE:VSH) CAO David L. Tomlinson Purchases 1,000 Shares

Vishay Intertechnology, Inc. (NYSE:VSH) CAO David L. Tomlinson bought 1,000 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were purchased at an average cost of $14.40 per share, for a total transaction of $14,400.00. Following the completion of the acquisition, the chief accounting officer now owns 23,526 shares of the company’s stock, valued at $338,774.40. This trade represents a 4.44% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Vishay Intertechnology Price Performance

NYSE:VSH opened at $14.85 on Wednesday. The business’s 50-day moving average price is $14.06 and its 200 day moving average price is $16.18. The firm has a market cap of $2.01 billion, a P/E ratio of -61.88 and a beta of 1.06. Vishay Intertechnology, Inc. has a 52-week low of $10.35 and a 52-week high of $24.69. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45.

Vishay Intertechnology (NYSE:VSH) last issued 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 firm 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%. Vishay Intertechnology’s revenue was down 4.2% on a year-over-year basis. During the same quarter last year, the business posted $0.22 EPS. As a group, sell-side analysts predict that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a $0.10 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a yield of 2.69%. Vishay Intertechnology’s dividend payout ratio is currently -81.63%.

Hedge Funds Weigh In On Vishay Intertechnology

A number of institutional investors have recently bought and sold shares of the stock. Summit Securities Group LLC purchased a new position in Vishay Intertechnology in the 1st quarter worth about $126,000. Penn Mutual Asset Management purchased a new position in Vishay Intertechnology in the 1st quarter worth about $238,000. American Century Companies Inc. increased its stake in Vishay Intertechnology by 6.5% in the 1st quarter. American Century Companies Inc. now owns 4,088,369 shares of the semiconductor company’s stock worth $65,005,000 after purchasing an additional 249,522 shares in the last quarter. Kovitz Investment Group Partners LLC increased its stake in Vishay Intertechnology by 110.0% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 78,413 shares of the semiconductor company’s stock worth $1,247,000 after purchasing an additional 41,066 shares in the last quarter. Finally, Public Sector Pension Investment Board boosted its position in Vishay Intertechnology by 27.0% during the 1st quarter. Public Sector Pension Investment Board now owns 356,278 shares of the semiconductor company’s stock worth $5,665,000 after acquiring an additional 75,778 shares during the period. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com lowered Vishay Intertechnology from a “hold” rating to a “sell” rating in a report on Saturday.

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.