Annis Gardner Whiting Capital Advisors LLC Invests $450,000 in Vishay Intertechnology, Inc. (NYSE:VSH)

Key Points

• Annis Gardner Whiting Capital Advisors LLC acquired 28,300 shares of Vishay Intertechnology, valued at approximately $450,000, during the first quarter, highlighting institutional interest in the semiconductor company.
• Vishay Intertechnology recently reported (-$0.03) earnings per share for the quarter, meeting consensus estimates, with revenue showing a 4.2% decline compared to the same quarter last year.
• The company's stock is currently rated as a sell after a downgrade by Wall Street Zen, reflecting concerns over its recent financial performance.

Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 28,300 shares of the semiconductor company's stock, valued at approximately $450,000.

Several other institutional investors have also recently made changes to their positions in VSH. Coldstream Capital Management Inc. boosted its holdings in Vishay Intertechnology by 6.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 11,090 shares of the semiconductor company's stock worth $188,000 after purchasing an additional 663 shares during the last quarter. CWM LLC boosted its stake in shares of Vishay Intertechnology by 76.0% in the 1st quarter. CWM LLC now owns 3,473 shares of the semiconductor company's stock worth $55,000 after buying an additional 1,500 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Vishay Intertechnology by 1.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 104,986 shares of the semiconductor company's stock valued at $1,778,000 after acquiring an additional 1,767 shares in the last quarter. New York State Teachers Retirement System increased its position in shares of Vishay Intertechnology by 1.2% during the first quarter. New York State Teachers Retirement System now owns 162,070 shares of the semiconductor company's stock valued at $2,577,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Ellevest Inc. lifted its holdings in Vishay Intertechnology by 15.9% during the fourth quarter. Ellevest Inc. now owns 14,897 shares of the semiconductor company's stock worth $252,000 after acquiring an additional 2,046 shares during the period. Institutional investors own 93.66% of the company's stock.

Insider Buying and Selling

In other Vishay Intertechnology news, CFO David Mcconnell acquired 2,000 shares of the company's stock in a transaction on Monday, May 12th. The shares were acquired at an average cost of $14.69 per share, with a total value of $29,380.00. Following the completion of the acquisition, the chief financial officer directly owned 53,501 shares in the company, valued at $785,929.69. This trade represents a 3.88% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael J. Cody bought 3,500 shares of Vishay Intertechnology stock in a transaction dated Wednesday, June 11th. The stock was acquired at an average price of $16.12 per share, with a total value of $56,420.00. Following the purchase, the director directly owned 60,169 shares of the company's stock, valued at approximately $969,924.28. This represents a 6.18% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 16,750 shares of company stock valued at $253,568. 8.32% of the stock is owned by insiders.

Vishay Intertechnology Stock Performance

Shares of Vishay Intertechnology stock traded up $0.34 on Friday, reaching $14.64. 2,811,857 shares of the company traded hands, compared to its average volume of 1,918,439. The company has a 50 day moving average of $16.18 and a 200 day moving average of $15.58. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.70 and a quick ratio of 1.79. Vishay Intertechnology, Inc. has a 52 week low of $10.35 and a 52 week high of $20.91. The firm has a market capitalization of $1.98 billion, a PE ratio of -22.52 and a beta of 1.13.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The semiconductor company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.09). Vishay Intertechnology had a negative net margin of 3.00% and a negative return on equity of 0.10%. The firm had revenue of $762.25 million during the quarter, compared to analysts' expectations of $756.07 million. During the same quarter in the previous year, the company posted $0.17 EPS. Vishay Intertechnology's revenue for the quarter was up 2.8% on a year-over-year basis. Equities analysts forecast that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 18th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.40 annualized dividend and a yield of 2.7%. Vishay Intertechnology's dividend payout ratio (DPR) is -81.63%.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Vishay Intertechnology from a "sell" rating to a "hold" rating in a research report on Saturday.

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.