Occudo Quantitative Strategies LP Sells 28,107 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Occudo Quantitative Strategies LP reduced its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 56.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,884 shares of the semiconductor company's stock after selling 28,107 shares during the period. Occudo Quantitative Strategies LP's holdings in Vishay Intertechnology were worth $371,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Needham Investment Management LLC raised its position in Vishay Intertechnology by 12.2% during the 4th quarter. Needham Investment Management LLC now owns 1,414,100 shares of the semiconductor company's stock worth $23,955,000 after purchasing an additional 154,100 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Vishay Intertechnology by 3.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,873 shares of the semiconductor company's stock worth $1,218,000 after purchasing an additional 2,723 shares during the last quarter. LMR Partners LLP bought a new position in Vishay Intertechnology during the 4th quarter worth $8,470,000. Invenomic Capital Management LP raised its position in Vishay Intertechnology by 173.5% during the 4th quarter. Invenomic Capital Management LP now owns 669,874 shares of the semiconductor company's stock worth $11,348,000 after purchasing an additional 424,979 shares during the last quarter. Finally, Ellevest Inc. raised its position in Vishay Intertechnology by 15.9% during the 4th quarter. Ellevest Inc. now owns 14,897 shares of the semiconductor company's stock worth $252,000 after purchasing an additional 2,046 shares during the last quarter. 93.66% of the stock is owned by institutional investors.

Vishay Intertechnology Stock Performance

VSH stock opened at $15.03 on Friday. The stock has a 50-day moving average price of $13.95 and a 200-day moving average price of $16.15. Vishay Intertechnology, Inc. has a 1-year low of $10.35 and a 1-year high of $24.69. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The firm has a market cap of $2.04 billion, a PE ratio of -62.63 and a beta of 1.06.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.03) earnings per share for the quarter, hitting the consensus estimate of ($0.03). Vishay Intertechnology had a positive return on equity of 3.06% and a negative net margin of 1.06%. The firm had revenue of $715.24 million during the quarter, compared to analyst estimates of $713.50 million. During the same period last year, the company posted $0.22 EPS. The business's quarterly revenue was down 4.2% on a year-over-year basis. As a group, equities research analysts expect that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com lowered Vishay Intertechnology from a "hold" rating to a "sell" rating in a research report on Saturday, May 10th.

Insider Activity at Vishay Intertechnology

In related news, EVP Roy Shoshani acquired 10,000 shares of the firm's stock in a transaction on Tuesday, May 13th. The stock was purchased at an average cost of $14.95 per share, with a total value of $149,500.00. Following the acquisition, the executive vice president now owns 106,550 shares of the company's stock, valued at approximately $1,592,922.50. This trade represents a 10.36% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Marc Zandman sold 27,176 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the sale, the chairman now directly owns 76,468 shares of the company's stock, valued at $1,290,779.84. This represents a 26.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders bought 13,000 shares of company stock valued at $193,280 in the last three months. Corporate 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.

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.