Vishay Intertechnology, Inc. (NYSE:VSH) Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC raised its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 11,063.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 42,866 shares of the semiconductor company's stock after acquiring an additional 42,482 shares during the period. GAMMA Investing LLC's holdings in Vishay Intertechnology were worth $682,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Vishay Intertechnology during the 4th quarter worth approximately $143,719,000. Hood River Capital Management LLC purchased a new position in shares of Vishay Intertechnology during the 4th quarter worth approximately $53,860,000. First Trust Advisors LP raised its stake in shares of 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 worth $86,011,000 after buying an additional 1,301,383 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Vishay Intertechnology by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock worth $281,652,000 after buying an additional 1,224,112 shares in the last quarter. Finally, Woodline Partners LP raised its stake in shares of Vishay Intertechnology by 148.5% during the 4th quarter. Woodline Partners LP now owns 1,770,791 shares of the semiconductor company's stock worth $29,997,000 after buying an additional 1,058,173 shares in the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded Vishay Intertechnology from a "hold" rating to a "sell" rating in a research note on Saturday, May 10th.

Vishay Intertechnology Stock Performance

Shares of VSH stock traded down $0.23 during trading hours on Friday, reaching $15.22. 2,946,605 shares of the company's stock were exchanged, compared to its average volume of 1,824,664. The company has a market cap of $2.06 billion, a P/E ratio of -31.05 and a beta of 1.09. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.80 and a quick ratio of 1.79. The company's 50 day moving average is $13.90 and its two-hundred day moving average is $15.72. Vishay Intertechnology, Inc. has a 1 year low of $10.35 and a 1 year high of $24.69.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.03). The business had revenue of $715.24 million for the quarter, compared to analysts' expectations of $713.50 million. Vishay Intertechnology had a positive return on equity of 1.46% and a negative net margin of 2.28%. The company's revenue was down 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.22 EPS. Equities research analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Wednesday, June 18th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date is Wednesday, June 18th. Vishay Intertechnology's dividend payout ratio is currently -81.63%.

Insider Buying and Selling

In other news, EVP Roy Shoshani purchased 10,000 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were acquired at an average price of $14.95 per share, for a total transaction of $149,500.00. Following the acquisition, the executive vice president now directly owns 106,550 shares in the company, valued at approximately $1,592,922.50. The trade was a 10.36% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael J. Cody purchased 3,500 shares of the stock in a transaction that occurred on Wednesday, June 11th. The stock was purchased at an average price of $16.12 per share, for a total transaction of $56,420.00. Following the acquisition, the director now owns 60,169 shares in the company, valued at approximately $969,924.28. This trade represents a 6.18% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 16,750 shares of company stock worth $253,568 in the last quarter. Company insiders own 8.32% of the company's stock.

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.