Vishay Intertechnology, Inc. $VSH Shares Newly Acquired by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC bought a new position in Vishay Intertechnology, Inc. (NYSE:VSH) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 63,341 shares of the semiconductor company’s stock, valued at approximately $2,062,000.

A number of other large investors have also modified their holdings of VSH. Csenge Advisory Group purchased a new stake in shares of Vishay Intertechnology during the 3rd quarter valued at about $438,000. M&G PLC lifted its position in Vishay Intertechnology by 56.1% during the 3rd quarter. M&G PLC now owns 177,089 shares of the semiconductor company’s stock worth $5,844,000 after acquiring an additional 63,627 shares in the last quarter. Kestra Investment Management LLC acquired a new position in Vishay Intertechnology during the 3rd quarter worth approximately $271,000. Allspring Global Investments Holdings LLC boosted its holdings in Vishay Intertechnology by 6.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 25,165 shares of the semiconductor company’s stock worth $862,000 after acquiring an additional 1,436 shares during the period. Finally, Pictet Asset Management Holding SA boosted its holdings in Vishay Intertechnology by 28.8% in the 3rd quarter. Pictet Asset Management Holding SA now owns 22,973 shares of the semiconductor company’s stock worth $748,000 after acquiring an additional 5,142 shares during the period. Institutional investors and hedge funds own 93.66% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on VSH shares. Truist Financial assumed coverage on shares of Vishay Intertechnology in a research report on Thursday, September 3rd. They issued a “buy” rating and a $42.00 price objective for the company. Williams Trading set a $38.00 target price on shares of Vishay Intertechnology in a research report on Thursday, November 5th. Oppenheimer upped their target price on shares of Vishay Intertechnology from $42.00 to $45.00 and gave the company an “outperform” rating in a research note on Thursday, October 8th. Wall Street Zen upgraded shares of Vishay Intertechnology from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 7th. Finally, Raymond James Financial started coverage on shares of Vishay Intertechnology in a report on Tuesday, August 4th. They set an “outperform” rating and a $40.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Vishay Intertechnology presently has an average rating of “Moderate Buy” and a consensus price target of $35.86.

Vishay Intertechnology Stock Up 8.9%

Shares of NYSE VSH opened at $29.17 on Thursday. Vishay Intertechnology, Inc. has a 1 year low of $11.77 and a 1 year high of $69.47. The firm has a market cap of $4.47 billion, a price-to-earnings ratio of 47.05, a PEG ratio of 2.75 and a beta of 1.90. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.27 and a current ratio of 3.31. The stock’s 50-day simple moving average is $30.59 and its 200-day simple moving average is $32.30.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, November 4th. The semiconductor company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.29 by $0.08. The business had revenue of $978.94 million for the quarter, compared to analysts’ expectations of $965.40 million. Vishay Intertechnology had a return on equity of 3.80% and a net margin of 2.72%. The company’s revenue was up 23.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.04 earnings per share. As a group, equities analysts anticipate that Vishay Intertechnology, Inc. will post 0.98 earnings per share for the current fiscal year.

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology news, Director Raanan Zilberman sold 16,575 shares of Vishay Intertechnology stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $35.82, for a total transaction of $593,716.50. Following the sale, the director directly owned 31,937 shares in the company, valued at $1,143,983.34. The trade was a 34.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.35% of the stock is owned by corporate insiders.

Vishay Intertechnology Profile

Vishay Intertechnology, Inc. designs and manufactures discrete semiconductors and passive electronic components used in a wide range of electronic systems. Its products include diodes, MOSFETs, optoelectronic components, resistors, inductors, capacitors and sensors. The company’s components are used in applications across markets such as automotive, industrial, computing, telecommunications, consumer electronics, medical and aerospace. Vishay serves customers worldwide through a global network of manufacturing and sales operations.