Bel Fuse (NASDAQ:BELFA) Stock Crosses Above 50 Day Moving Average - Time to Sell?

Key Points

• Price breakout: Bel Fuse shares crossed above their 50‑day moving average (50‑day MA $197.78), trading as high as $199.83 and last at $196.16 on volume ~110,710.
• Earnings beat and analyst outlook: The company reported Q EPS of $1.88 versus $1.10 expected, with a 9.11% net margin and 21.78% ROE, and analysts carry an average price target of $250 with an overall "Buy" rating.
• Insider selling: CEO Farouq Salem Ali Tuweiq sold 33,967 shares (~$7.95M) and a director sold 4,500 shares (~$1.07M), leaving insiders with about 5.46% ownership.

Bel Fuse Inc. (NASDAQ:BELFA - Get Free Report)'s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $197.78 and traded as high as $199.83. Bel Fuse shares last traded at $196.16, with a volume of 110,710 shares.

Wall Street Analyst Weigh In

Several research analysts have issued reports on BELFA shares. Robert W. Baird set a $250.00 target price on shares of Bel Fuse in a report on Thursday, February 19th. Weiss Ratings cut shares of Bel Fuse from a "buy (b-)" rating to a "hold (c)" rating in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $250.00.

Bel Fuse Stock Up 4.3%

The firm has a market capitalization of $2.48 billion, a P/E ratio of 42.18 and a beta of 1.25. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.71 and a current ratio of 3.02. The business's fifty day moving average price is $197.78 and its two-hundred day moving average price is $160.66.

Bel Fuse (NASDAQ:BELFA - Get Free Report) last released its quarterly earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $1.88 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.78. Bel Fuse had a net margin of 9.11% and a return on equity of 21.78%. The business had revenue of $175.94 million for the quarter, compared to analysts' expectations of $172.01 million.

Bel Fuse Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Wednesday, April 15th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Wednesday, April 15th. Bel Fuse's dividend payout ratio (DPR) is currently 5.16%.

Insider Transactions at Bel Fuse

In other news, CEO Farouq Salem Ali Tuweiq sold 33,967 shares of the firm's stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $234.00, for a total value of $7,948,278.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Peter E. Gilbert sold 4,500 shares of Bel Fuse stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $238.75, for a total transaction of $1,074,375.00. Following the completion of the sale, the director owned 15,047 shares of the company's stock, valued at $3,592,471.25. This trade represents a 23.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 5.46% of the stock is currently owned by company insiders.

Institutional Trading of Bel Fuse

A number of institutional investors have recently bought and sold shares of BELFA. BNP Paribas Financial Markets boosted its stake in Bel Fuse by 92.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 319 shares of the scientific and technical instruments company's stock worth $37,000 after purchasing an additional 153 shares in the last quarter. Sunbelt Securities Inc. acquired a new stake in Bel Fuse in the 4th quarter worth approximately $61,000. Tower Research Capital LLC TRC boosted its stake in Bel Fuse by 447.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 744 shares of the scientific and technical instruments company's stock worth $67,000 after purchasing an additional 608 shares in the last quarter. Deutsche Bank AG acquired a new stake in Bel Fuse in the 4th quarter worth approximately $111,000. Finally, Rhumbline Advisers boosted its stake in Bel Fuse by 41.5% in the 1st quarter. Rhumbline Advisers now owns 2,613 shares of the scientific and technical instruments company's stock worth $188,000 after purchasing an additional 767 shares in the last quarter. 6.01% of the stock is currently owned by institutional investors and hedge funds.

About Bel Fuse

Bel Fuse Inc, incorporated in 1949 and headquartered in Jersey City, New Jersey, designs and manufactures a broad range of electronic components aimed at ensuring reliable power delivery, circuit protection and signal connectivity. The company operates through two primary segments—Power Solutions Group and Telecom Products Group—serving original equipment manufacturers in multiple end markets, including telecommunications, data communications, consumer electronics, industrial and transportation.

Within its Power Solutions Group, Bel Fuse offers magnetic components such as power and signal transformers, inductors and coils, as well as circuit protection devices including fuses and resettable polyfuses.

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