Vishay Intertechnology (NYSE:VSH) Downgraded by StockNews.com to "Sell"

Vishay Intertechnology (NYSE:VSH - Get Free Report) was downgraded by stock analysts at StockNews.com from a "hold" rating to a "sell" rating in a research note issued on Saturday.

Vishay Intertechnology Stock Performance

Vishay Intertechnology stock traded down $0.04 during mid-day trading on Friday, reaching $15.09. 409,594 shares of the company's stock were exchanged, compared to its average volume of 1,779,019. The business's fifty day simple moving average is $14.00 and its 200 day simple moving average is $16.17. The firm has a market capitalization of $2.05 billion, a PE ratio of -62.75 and a beta of 1.06. Vishay Intertechnology has a one year low of $10.35 and a one year high of $24.69. 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 (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 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%. Vishay Intertechnology's quarterly revenue was down 4.2% compared to the same quarter last year. During the same period last year, the company posted $0.22 earnings per share. On average, sell-side analysts expect that Vishay Intertechnology will post 0.53 earnings per share for the current year.

Insider Buying and Selling at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the business's stock in a transaction 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 in the company, valued at $1,290,779.84. The trade was a 26.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO David Mcconnell acquired 2,000 shares of the firm's 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 purchase, the chief financial officer now owns 53,501 shares in the company, valued at $785,929.69. This trade represents a 3.88% increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 13,000 shares of company stock worth $193,280 over the last ninety days. 8.32% of the stock is currently owned by company insiders.

Institutional Trading of Vishay Intertechnology

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of Vishay Intertechnology by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock valued at $281,652,000 after purchasing an additional 1,224,112 shares during the period. Norges Bank purchased a new position in Vishay Intertechnology during the fourth quarter worth about $143,719,000. First Trust Advisors LP grew its position in Vishay Intertechnology by 34.5% during the fourth quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company's stock worth $86,011,000 after buying an additional 1,301,383 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Vishay Intertechnology by 6.5% in 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 in the last quarter. Finally, Hood River Capital Management LLC purchased a new position in shares of Vishay Intertechnology in the 4th quarter worth about $53,860,000. 93.66% of the stock is currently owned by institutional investors.

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.