Annis Gardner Whiting Capital Advisors LLC Buys New Shares 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 position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 28,300 shares of the semiconductor company's stock, valued at approximately $450,000.

A number of other large investors also recently bought and sold shares of VSH. GAMMA Investing LLC raised its stake in shares of Vishay Intertechnology by 602.1% in the 1st quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company's stock valued at $43,000 after acquiring an additional 2,312 shares during the period. Larson Financial Group LLC grew its holdings in Vishay Intertechnology by 27,083.3% during the 1st quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company's stock valued at $52,000 after purchasing an additional 3,250 shares in the last quarter. CWM LLC grew its holdings in Vishay Intertechnology by 76.0% during the 1st quarter. CWM LLC now owns 3,473 shares of the semiconductor company's stock valued at $55,000 after purchasing an additional 1,500 shares in the last quarter. Sterling Capital Management LLC grew its holdings in Vishay Intertechnology by 819.2% during the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock valued at $67,000 after purchasing an additional 3,547 shares in the last quarter. Finally, State of Wyoming grew its holdings in Vishay Intertechnology by 234.2% during the 4th quarter. State of Wyoming now owns 8,893 shares of the semiconductor company's stock valued at $151,000 after purchasing an additional 6,232 shares in the last quarter. Hedge funds and other institutional investors own 93.66% of the company's stock.

Vishay Intertechnology Stock Performance

NYSE:VSH traded up $0.56 during mid-day trading on Thursday, hitting $14.32. The stock had a trading volume of 3,053,987 shares, compared to its average volume of 1,838,260. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of -22.03 and a beta of 1.13. The company has a 50 day simple moving average of $16.17 and a 200-day simple moving average of $15.60. Vishay Intertechnology, Inc. has a 52 week low of $10.35 and a 52 week high of $20.91. The company has a current ratio of 2.70, a quick ratio of 1.79 and a debt-to-equity ratio of 0.44.

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

Vishay Intertechnology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 18th were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.40 annualized dividend and a dividend yield of 2.8%. Vishay Intertechnology's payout ratio is currently -81.63%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of Vishay Intertechnology from a "hold" rating to a "sell" rating in a report on Saturday, May 10th.

Insider Transactions at Vishay Intertechnology

In related news, Director Michael J. Cody acquired 3,500 shares of the stock in a transaction that occurred on Wednesday, June 11th. The shares were purchased at an average cost of $16.12 per share, with a total value of $56,420.00. Following the completion of the transaction, the director owned 60,169 shares of the company's stock, valued at approximately $969,924.28. This trade represents a 6.18% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO David Mcconnell acquired 2,000 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were bought at an average cost of $14.69 per share, for a total transaction of $29,380.00. Following the completion of the transaction, the chief financial officer directly owned 53,501 shares of the company's stock, valued at $785,929.69. This represents a 3.88% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 16,750 shares of company stock valued at $253,568 in the last quarter. Insiders own 8.32% of the company's stock.

Vishay Intertechnology 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.