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

Vest Financial LLC lowered its holdings in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 75.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,410 shares of the semiconductor company's stock after selling 108,553 shares during the period. Vest Financial LLC's holdings in Vishay Intertechnology were worth $563,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC acquired a new position in Vishay Intertechnology during the fourth quarter worth about $38,000. Blue Trust Inc. raised its position in Vishay Intertechnology by 275.9% during the fourth quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company's stock worth $46,000 after acquiring an additional 1,989 shares during the last quarter. Sterling Capital Management LLC raised its position in Vishay Intertechnology by 819.2% during the fourth quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock worth $67,000 after acquiring an additional 3,547 shares during the last quarter. IFP Advisors Inc raised its position in Vishay Intertechnology by 351.1% during the fourth quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company's stock worth $74,000 after acquiring an additional 3,406 shares during the last quarter. Finally, Manchester Capital Management LLC raised its position in Vishay Intertechnology by 526.6% during the fourth quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company's stock worth $122,000 after acquiring an additional 6,030 shares during the last quarter. Institutional investors and hedge funds own 93.66% of the company's stock.

Insider Activity at Vishay Intertechnology

In related news, CFO David Mcconnell purchased 2,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was purchased at an average price of $14.69 per share, with a total value of $29,380.00. Following the completion of the transaction, the chief financial officer now owns 53,501 shares of the company's stock, valued at approximately $785,929.69. This trade represents a 3.88% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Roy Shoshani purchased 10,000 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The shares were bought at an average cost of $14.95 per share, with a total value of $149,500.00. Following the transaction, the executive vice president now directly owns 106,550 shares of the company's stock, valued at $1,592,922.50. The trade was a 10.36% increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 13,000 shares of company stock valued at $193,280. Company insiders own 8.32% of the company's stock.

Vishay Intertechnology Stock Performance

Shares of VSH opened at $15.16 on Monday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of -63.17 and a beta of 1.09. The company's 50 day simple moving average is $13.22 and its 200 day simple moving average is $15.90. 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 announced its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.03). The business had revenue of $715.24 million for the quarter, compared to the consensus estimate of $713.50 million. Vishay Intertechnology had a negative net margin of 1.06% and a positive return on equity of 3.06%. The company's quarterly 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 earnings per share. On average, sell-side analysts predict that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Wednesday, June 18th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.64%. The ex-dividend date of this dividend is Wednesday, June 18th. Vishay Intertechnology's payout ratio is -81.63%.

Analyst Upgrades and Downgrades

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

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.

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