Sona Asset Management US LLC Takes Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Sona Asset Management US LLC bought a new position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 32,300 shares of the semiconductor company's stock, valued at approximately $547,000.

Several other large investors have also recently bought and sold shares of VSH. Wealthfront Advisers LLC purchased a new position in shares of Vishay Intertechnology in the 4th quarter valued at $38,000. Blue Trust Inc. lifted its holdings in shares of Vishay Intertechnology by 275.9% in the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company's stock valued at $46,000 after purchasing an additional 1,989 shares during the last quarter. Sterling Capital Management LLC boosted its position in shares of Vishay Intertechnology by 819.2% in the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock valued at $67,000 after purchasing an additional 3,547 shares during the period. IFP Advisors Inc grew its stake in Vishay Intertechnology by 351.1% during the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company's stock worth $74,000 after buying an additional 3,406 shares during the last quarter. Finally, Manchester Capital Management LLC increased 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 buying an additional 6,030 shares during the period. Hedge funds and other institutional investors own 93.66% of the company's stock.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Vishay Intertechnology

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

Vishay Intertechnology Stock Performance

Shares of VSH traded down $0.26 during mid-day trading on Monday, hitting $15.01. 1,176,662 shares of the company's stock were exchanged, compared to its average volume of 1,791,210. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two week high of $24.69. The business's 50 day moving average is $13.88 and its two-hundred day moving average is $16.10. The firm has a market capitalization of $2.03 billion, a P/E ratio of -62.54 and a beta of 1.06.

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

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.