Vishay Intertechnology, Inc. (NYSE:VSH) Shares Sold by Vest Financial LLC

Vest Financial LLC lessened its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 75.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 35,410 shares of the semiconductor company's stock after selling 108,553 shares during the quarter. Vest Financial LLC's holdings in Vishay Intertechnology were worth $563,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Vishay Intertechnology during the 4th quarter worth about $143,719,000. Hood River Capital Management LLC purchased a new position in Vishay Intertechnology during the fourth quarter worth approximately $53,860,000. First Trust Advisors LP grew its holdings in Vishay Intertechnology by 34.5% in the fourth quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company's stock valued at $86,011,000 after purchasing an additional 1,301,383 shares during the period. Vanguard Group Inc. increased its position in shares of Vishay Intertechnology by 7.9% in the fourth 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. Finally, Woodline Partners LP increased its position in shares of Vishay Intertechnology by 148.5% in the fourth quarter. Woodline Partners LP now owns 1,770,791 shares of the semiconductor company's stock valued at $29,997,000 after buying an additional 1,058,173 shares in the last quarter. Hedge funds and other institutional investors own 93.66% of the company's stock.

Vishay Intertechnology Price Performance

Shares of VSH traded up $0.06 during mid-day trading on Thursday, hitting $15.96. 1,502,721 shares of the company were exchanged, compared to its average volume of 1,810,749. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of -66.50 and a beta of 1.09. Vishay Intertechnology, Inc. has a 1-year low of $10.35 and a 1-year high of $24.69. The company has a 50 day moving average of $13.36 and a 200-day moving average of $15.89. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last announced its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) EPS for the quarter, meeting analysts' consensus estimates of ($0.03). The business had revenue of $715.24 million during the quarter, compared to analysts' expectations of $713.50 million. Vishay Intertechnology had a positive return on equity of 3.06% and a negative net margin of 1.06%. The business's revenue was down 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.22 earnings per share. Analysts expect that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.40 annualized dividend and a yield of 2.51%. Vishay Intertechnology's dividend payout ratio (DPR) is presently -81.63%.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other Vishay Intertechnology news, EVP Roy Shoshani purchased 10,000 shares of the firm's stock in a transaction dated Tuesday, May 13th. The shares were purchased at an average cost of $14.95 per share, with a total value of $149,500.00. Following the completion of the purchase, the executive vice president now owns 106,550 shares in the company, valued at approximately $1,592,922.50. This represents a 10.36% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CFO David Mcconnell acquired 2,000 shares of the company's stock in a transaction that occurred 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 purchase, the chief financial officer now owns 53,501 shares in the company, 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 a total of 16,500 shares of company stock valued at $249,700 in the last 90 days. 8.32% of the stock is owned by insiders.

About Vishay Intertechnology

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.