Vishay Intertechnology (NYSE:VSH) Director Thomas C. Wertheimer sold 15,000 shares of the company’s stock in a transaction dated Monday, December 10th. The shares were sold at an average price of $19.70, for a total transaction of $295,500.00. Following the sale, the director now owns 65,584 shares in the company, valued at $1,292,004.80. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of NYSE VSH opened at $20.18 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.82 and a current ratio of 3.71. The stock has a market cap of $2.81 billion, a PE ratio of 14.11, a price-to-earnings-growth ratio of 1.04 and a beta of 1.35. Vishay Intertechnology has a 12-month low of $16.87 and a 12-month high of $26.50.
Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Tuesday, October 30th. The semiconductor company reported $0.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.07. Vishay Intertechnology had a net margin of 2.24% and a return on equity of 20.82%. The company had revenue of $780.97 million for the quarter, compared to analyst estimates of $779.78 million. During the same period in the prior year, the company posted $0.42 EPS. The firm’s revenue for the quarter was up 15.2% on a year-over-year basis. As a group, sell-side analysts expect that Vishay Intertechnology will post 2.05 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 20th. Stockholders of record on Thursday, December 6th will be paid a dividend of $0.085 per share. The ex-dividend date of this dividend is Wednesday, December 5th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.68%. Vishay Intertechnology’s dividend payout ratio is presently 23.78%.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in VSH. AQR Capital Management LLC boosted its stake in shares of Vishay Intertechnology by 47.5% during the third quarter. AQR Capital Management LLC now owns 3,530,068 shares of the semiconductor company’s stock valued at $71,837,000 after purchasing an additional 1,137,496 shares in the last quarter. Walthausen & Co. LLC bought a new position in shares of Vishay Intertechnology during the third quarter valued at approximately $17,513,000. Renaissance Technologies LLC boosted its stake in shares of Vishay Intertechnology by 191.7% during the third quarter. Renaissance Technologies LLC now owns 1,278,625 shares of the semiconductor company’s stock valued at $26,020,000 after purchasing an additional 840,300 shares in the last quarter. Sensato Investors LLC bought a new position in shares of Vishay Intertechnology during the second quarter valued at approximately $19,150,000. Finally, Marshall Wace LLP boosted its stake in shares of Vishay Intertechnology by 249.3% during the third quarter. Marshall Wace LLP now owns 1,148,664 shares of the semiconductor company’s stock valued at $23,375,000 after purchasing an additional 819,797 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.
VSH has been the topic of several recent research reports. ValuEngine cut shares of Vishay Intertechnology from a “sell” rating to a “strong sell” rating in a research report on Monday, October 8th. Zacks Investment Research cut shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research report on Monday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $25.00.
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Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.
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