Bel Fuse (NASDAQ:BELFA) VP Kenneth Koon Keung Lai Sells 564 Shares of Stock

Bel Fuse Inc. (NASDAQ:BELFAGet Free Report) VP Kenneth Koon Keung Lai sold 564 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $141.96, for a total value of $80,065.44. Following the completion of the transaction, the vice president directly owned 7,755 shares of the company’s stock, valued at $1,100,899.80. This trade represents a 6.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Kenneth Koon Keung Lai also recently made the following trade(s):

  • On Monday, November 17th, Kenneth Koon Keung Lai sold 1,936 shares of Bel Fuse stock. The shares were sold at an average price of $144.23, for a total value of $279,229.28.

Bel Fuse Stock Performance

BELFA stock traded up $2.89 during trading on Wednesday, reaching $122.40. 75,951 shares of the company’s stock were exchanged, compared to its average volume of 9,265. Bel Fuse Inc. has a 1-year low of $53.95 and a 1-year high of $142.70. The firm has a market cap of $1.55 billion, a PE ratio of 24.83 and a beta of 1.25. The company’s fifty day moving average price is $124.85 and its 200-day moving average price is $103.14. The company has a quick ratio of 1.72, a current ratio of 3.05 and a debt-to-equity ratio of 0.63.

Bel Fuse (NASDAQ:BELFAGet Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The scientific and technical instruments company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.59. The business had revenue of $178.98 million for the quarter, compared to analysts’ expectations of $171.69 million. Bel Fuse had a net margin of 10.04% and a return on equity of 21.84%. Bel Fuse has set its Q4 2025 guidance at EPS.

Bel Fuse Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, January 15th. Bel Fuse’s dividend payout ratio is currently 4.87%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Bel Fuse in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $115.00.

Check Out Our Latest Stock Analysis on BELFA

Institutional Trading of Bel Fuse

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. BNP Paribas Financial Markets boosted its holdings in Bel Fuse by 92.2% during the third quarter. BNP Paribas Financial Markets now owns 319 shares of the scientific and technical instruments company’s stock worth $37,000 after buying an additional 153 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Bel Fuse during the 2nd quarter valued at $51,000. Tower Research Capital LLC TRC lifted its position in shares of Bel Fuse by 447.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 744 shares of the scientific and technical instruments company’s stock valued at $67,000 after acquiring an additional 608 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Bel Fuse by 6.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,351 shares of the scientific and technical instruments company’s stock worth $274,000 after acquiring an additional 150 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Bel Fuse in the 3rd quarter worth $286,000. 6.01% of the stock is currently owned by institutional investors.

About Bel Fuse

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Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.

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