Vishay Intertechnology, Inc. (NYSE:VSH) Chairman Sells $458,730.88 in Stock

Vishay Intertechnology, Inc. (NYSE:VSH) Chairman Marc Zandman sold 27,176 shares of Vishay Intertechnology stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total transaction of $458,730.88. Following the completion of the transaction, the chairman now directly owns 76,468 shares of the company’s stock, valued at $1,290,779.84. The trade was a 26.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Marc Zandman also recently made the following trade(s):

• On Thursday, January 2nd, Marc Zandman sold 20,359 shares of Vishay Intertechnology stock. The stock was sold at an average price of $16.71, for a total transaction of $340,198.89.

Vishay Intertechnology Price Performance

VSH stock opened at $17.84 on Friday. Vishay Intertechnology, Inc. has a 12 month low of $14.95 and a 12 month high of $24.68. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The company has a 50-day moving average price of $17.21 and a 200 day moving average price of $17.78. The stock has a market cap of $2.42 billion, a PE ratio of -74.31 and a beta of 1.13.

Vishay Intertechnology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.24%. Vishay Intertechnology’s dividend payout ratio is presently -166.67%.

Hedge Funds Weigh In On Vishay Intertechnology

A number of large investors have recently made changes to their positions in the company. Mountaineer Partners Management LLC boosted its stake in shares of Vishay Intertechnology by 924.9% during the 3rd quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company’s stock worth $394,161,000 after purchasing an additional 18,810,325 shares during the period. Vanguard Group Inc. lifted its holdings in Vishay Intertechnology by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company’s stock valued at $281,652,000 after buying an additional 1,224,112 shares in the last quarter. Norges Bank bought a new stake in Vishay Intertechnology during the 4th quarter valued at about $143,719,000. First Trust Advisors LP lifted its holdings in Vishay Intertechnology by 34.5% during the 4th quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company’s stock valued at $86,011,000 after buying an additional 1,301,383 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in Vishay Intertechnology by 9.3% during the 4th quarter. American Century Companies Inc. now owns 3,838,847 shares of the semiconductor company’s stock valued at $65,030,000 after buying an additional 325,859 shares in the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on VSH shares. StockNews.com cut shares of Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Friday. JPMorgan Chase & Co. started coverage on shares of Vishay Intertechnology in a research note on Monday, December 16th. They issued a “neutral” rating and a $19.00 price objective for the company.

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.