Vishay Intertechnology, Inc. (NYSE:VSH) Director Purchases $56,420.00 in Stock

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

Vishay Intertechnology Price Performance

Shares of Vishay Intertechnology stock traded down $0.79 during trading on Friday, hitting $15.16. The stock had a trading volume of 1,360,457 shares, compared to its average volume of 1,818,550. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73. The business has a fifty day moving average of $13.54 and a two-hundred day moving average of $15.84. Vishay Intertechnology, Inc. has a fifty-two week low of $10.35 and a fifty-two week high of $24.69. The firm has a market cap of $2.05 billion, a P/E ratio of -63.17 and a beta of 1.09.

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 (EPS) 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 for the quarter, compared to the consensus estimate of $713.50 million. During the same quarter in the previous year, the company earned $0.22 EPS. The business's revenue for the quarter was down 4.2% compared to the same quarter last year. On average, sell-side analysts expect that Vishay Intertechnology, Inc. will post 0.53 earnings per share for the current fiscal year.

Vishay Intertechnology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Wednesday, June 18th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.64%. Vishay Intertechnology's dividend payout ratio (DPR) is presently -81.63%.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Vishay Intertechnology by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock valued at $281,652,000 after acquiring an additional 1,224,112 shares during the last quarter. Norges Bank acquired a new stake in Vishay Intertechnology in the 4th quarter valued at approximately $143,719,000. First Trust Advisors LP grew 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 valued at $86,011,000 after purchasing an additional 1,301,383 shares in the last quarter. Woodline Partners LP boosted its stake in shares of Vishay Intertechnology by 142.4% during the 1st quarter. Woodline Partners LP now owns 4,292,204 shares of the semiconductor company's stock worth $68,246,000 after acquiring an additional 2,521,413 shares during the period. Finally, American Century Companies Inc. lifted its holdings in Vishay Intertechnology by 6.5% during the 1st quarter. American Century Companies Inc. now owns 4,088,369 shares of the semiconductor company's stock worth $65,005,000 after purchasing an additional 249,522 shares during the last quarter. 93.66% of the stock is currently owned by institutional investors and hedge funds.

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.