Michael J. Cody Purchases 3,500 Shares of Vishay Intertechnology, Inc. (NYSE:VSH) Stock

Vishay Intertechnology, Inc. (NYSE:VSH - Get Free Report) Director Michael J. Cody bought 3,500 shares of the business's stock in a transaction on Wednesday, June 11th. The shares were purchased at an average cost of $16.12 per share, with a total value of $56,420.00. Following the transaction, the director now owns 60,169 shares in the company, valued at approximately $969,924.28. The trade was a 6.18% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Vishay Intertechnology Price Performance

NYSE VSH traded down $0.46 during midday trading on Friday, hitting $15.50. The company had a trading volume of 341,469 shares, compared to its average volume of 1,806,509. 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 twelve month low of $10.35 and a twelve month high of $24.69. The company has a market capitalization of $2.10 billion, a PE ratio of -64.50 and a beta of 1.09. The firm has a 50-day moving average price of $13.45 and a 200-day moving average price of $15.89.

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 analysts' consensus estimates of ($0.03). The company had revenue of $715.24 million for the quarter, compared to analyst estimates of $713.50 million. Vishay Intertechnology had a negative net margin of 1.06% and a positive return on equity of 3.06%. Vishay Intertechnology's revenue was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.22 earnings per share. As a group, analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Wednesday, June 18th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.40 annualized dividend and a yield of 2.58%. Vishay Intertechnology's dividend payout ratio (DPR) is presently -81.63%.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Atria Investments Inc lifted its stake in shares of Vishay Intertechnology by 3.2% during the 4th quarter. Atria Investments Inc now owns 18,790 shares of the semiconductor company's stock valued at $318,000 after buying an additional 590 shares in the last quarter. Coldstream Capital Management Inc. raised its holdings in shares of Vishay Intertechnology by 6.4% in the 4th quarter. Coldstream Capital Management Inc. now owns 11,090 shares of the semiconductor company's stock valued at $188,000 after purchasing an additional 663 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Vishay Intertechnology by 3.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 20,010 shares of the semiconductor company's stock valued at $339,000 after buying an additional 714 shares in the last quarter. Covestor Ltd boosted its holdings in Vishay Intertechnology by 10.5% in the first quarter. Covestor Ltd now owns 12,131 shares of the semiconductor company's stock worth $193,000 after acquiring an additional 1,156 shares in the last quarter. Finally, National Bank of Canada FI raised its stake in shares of Vishay Intertechnology by 10.1% in the first quarter. National Bank of Canada FI now owns 16,123 shares of the semiconductor company's stock worth $257,000 after purchasing an additional 1,479 shares during the last quarter. Institutional investors own 93.66% of the company's stock.

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.