Vishay Intertechnology, Inc. (NYSE:VSH) Director Acquires $201,795.40 in Stock

Vishay Intertechnology, Inc. (NYSE:VSH - Get Free Report) Director John Malvisi purchased 8,929 shares of the business's stock in a transaction dated Friday, May 10th. The stock was bought at an average cost of $22.60 per share, with a total value of $201,795.40. Following the completion of the acquisition, the director now directly owns 16,438 shares of the company's stock, valued at $371,498.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Vishay Intertechnology Stock Up 2.7 %

Shares of VSH traded up $0.61 on Tuesday, hitting $23.32. 963,955 shares of the stock traded hands, compared to its average volume of 1,299,498. The company has a market capitalization of $3.21 billion, a PE ratio of 13.05 and a beta of 1.21. Vishay Intertechnology, Inc. has a one year low of $20.83 and a one year high of $30.10. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.08 and a current ratio of 3.02. The business has a 50 day simple moving average of $22.28 and a 200 day simple moving average of $22.48.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its earnings results on Wednesday, May 8th. The semiconductor company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.02. Vishay Intertechnology had a return on equity of 11.95% and a net margin of 7.41%. The company had revenue of $746.30 million for the quarter, compared to the consensus estimate of $735.96 million. During the same quarter in the prior year, the company earned $0.79 earnings per share. Vishay Intertechnology's revenue was down 14.3% on a year-over-year basis. As a group, equities analysts forecast that Vishay Intertechnology, Inc. will post 0.87 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 14th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend was Wednesday, March 13th. Vishay Intertechnology's payout ratio is 22.99%.

Analysts Set New Price Targets

Separately, Stifel Nicolaus reissued a "buy" rating and issued a $25.00 target price on shares of Vishay Intertechnology in a research note on Wednesday, April 3rd.

Institutional Trading of Vishay Intertechnology

Several institutional investors have recently made changes to their positions in VSH. Rise Advisors LLC purchased a new position in Vishay Intertechnology during the 1st quarter valued at approximately $27,000. Bell Investment Advisors Inc grew its holdings in Vishay Intertechnology by 122.5% during the 1st quarter. Bell Investment Advisors Inc now owns 1,424 shares of the semiconductor company's stock valued at $32,000 after buying an additional 784 shares in the last quarter. Fifth Third Bancorp grew its holdings in Vishay Intertechnology by 60.9% during the 3rd quarter. Fifth Third Bancorp now owns 1,477 shares of the semiconductor company's stock valued at $37,000 after buying an additional 559 shares in the last quarter. Headlands Technologies LLC grew its holdings in Vishay Intertechnology by 95.7% during the 1st quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company's stock valued at $36,000 after buying an additional 774 shares in the last quarter. Finally, AMH Equity Ltd purchased a new position in Vishay Intertechnology during the 3rd quarter valued at approximately $48,000. Hedge funds and other institutional investors own 93.66% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.