Vishay Intertechnology (NYSE:VSH) Director Thomas C. Wertheimer sold 10,000 shares of the firm’s stock in a transaction on Wednesday, September 12th. The stock was sold at an average price of $20.88, for a total transaction of $208,800.00. Following the completion of the sale, the director now owns 51,137 shares of the company’s stock, valued at approximately $1,067,740.56. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Shares of NYSE VSH traded down $0.24 during midday trading on Monday, hitting $18.79. The company had a trading volume of 1,612,100 shares, compared to its average volume of 1,799,104. The company has a quick ratio of 3.02, a current ratio of 3.89 and a debt-to-equity ratio of 0.55. Vishay Intertechnology has a twelve month low of $17.15 and a twelve month high of $26.50. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of 13.14, a price-to-earnings-growth ratio of 1.11 and a beta of 1.24.
Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings data on Tuesday, August 7th. The semiconductor company reported $0.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.06. Vishay Intertechnology had a net margin of 1.84% and a return on equity of 18.51%. The firm had revenue of $761.03 million during the quarter, compared to analysts’ expectations of $767.55 million. Equities research analysts expect that Vishay Intertechnology will post 2 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 27th. Shareholders of record on Friday, September 14th were given a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend was Thursday, September 13th. Vishay Intertechnology’s payout ratio is currently 23.78%.
VSH has been the subject of several recent analyst reports. ValuEngine cut shares of Vishay Intertechnology from a “buy” rating to a “hold” rating in a research note on Thursday, August 9th. Stifel Nicolaus restated a “hold” rating and issued a $24.00 target price on shares of Vishay Intertechnology in a research note on Wednesday, August 8th. Finally, Citigroup raised their target price on shares of Vishay Intertechnology from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. Vishay Intertechnology has a consensus rating of “Hold” and a consensus target price of $25.50.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. raised its position in Vishay Intertechnology by 3.1% during the first quarter. BlackRock Inc. now owns 16,244,515 shares of the semiconductor company’s stock worth $302,148,000 after acquiring an additional 495,641 shares during the last quarter. Northern Trust Corp raised its position in Vishay Intertechnology by 0.5% during the second quarter. Northern Trust Corp now owns 2,470,879 shares of the semiconductor company’s stock worth $57,325,000 after acquiring an additional 12,035 shares during the last quarter. JPMorgan Chase & Co. raised its position in Vishay Intertechnology by 10.1% during the first quarter. JPMorgan Chase & Co. now owns 2,461,349 shares of the semiconductor company’s stock worth $45,781,000 after acquiring an additional 224,821 shares during the last quarter. Millennium Management LLC raised its position in Vishay Intertechnology by 27.8% during the second quarter. Millennium Management LLC now owns 2,415,665 shares of the semiconductor company’s stock worth $56,043,000 after acquiring an additional 525,023 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in shares of Vishay Intertechnology by 7.1% during the second quarter. Schwab Charles Investment Management Inc. now owns 1,290,668 shares of the semiconductor company’s stock worth $29,944,000 after buying an additional 85,276 shares in the last quarter. Institutional investors own 97.04% of the company’s stock.
About Vishay Intertechnology
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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