Tower Research Capital LLC TRC Reduces Position in Vishay Intertechnology, Inc. (NYSE:VSH)

Tower Research Capital LLC TRC cut its stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 92.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,044 shares of the semiconductor company's stock after selling 24,006 shares during the quarter. Tower Research Capital LLC TRC's holdings in Vishay Intertechnology were worth $35,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Van Lanschot Kempen Investment Management N.V. raised its holdings in shares of Vishay Intertechnology by 69.4% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 2,463,334 shares of the semiconductor company's stock worth $41,729,000 after acquiring an additional 1,009,042 shares in the last quarter. First Trust Advisors LP lifted its stake 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 worth $86,011,000 after acquiring an additional 1,301,383 shares during the period. CANADA LIFE ASSURANCE Co increased its holdings in shares of Vishay Intertechnology by 44.1% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 115,764 shares of the semiconductor company's stock valued at $1,959,000 after acquiring an additional 35,413 shares in the last quarter. Dean Investment Associates LLC lifted its stake in shares of Vishay Intertechnology by 36.3% in the 4th quarter. Dean Investment Associates LLC now owns 209,511 shares of the semiconductor company's stock valued at $3,549,000 after purchasing an additional 55,781 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new stake in Vishay Intertechnology in the 4th quarter worth $176,000. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Stock Performance

NYSE VSH traded down $0.08 during trading hours on Tuesday, hitting $14.94. The company had a trading volume of 32,850 shares, compared to its average volume of 1,784,310. The firm has a market cap of $2.02 billion, a P/E ratio of -62.04 and a beta of 1.06. The company has a quick ratio of 1.73, a current ratio of 2.70 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 has a fifty day simple moving average of $13.88 and a 200-day simple moving average of $16.10.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). The company had revenue of $715.24 million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the business posted $0.22 EPS. Equities analysts predict that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Analyst Ratings Changes

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

Insider Activity at Vishay Intertechnology

In other Vishay Intertechnology news, CFO David Mcconnell acquired 2,000 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were bought at an average price of $14.69 per share, for a total transaction 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 represents a 3.88% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Marc Zandman sold 27,176 shares of the firm's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the completion of the sale, the chairman now directly owns 76,468 shares in the company, valued at $1,290,779.84. The trade was a 26.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders purchased 13,000 shares of company stock valued at $193,280. 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.