Vishay Intertechnology (NYSE:VSH) Cut to "Sell" at Wall Street Zen

Key Points

• Vishay Intertechnology has been downgraded from a "hold" rating to a "sell" rating by equities researchers at Wall Street Zen.
• The semiconductor company reported a quarterly EPS of ($0.07), missing analyst expectations and showing a revenue increase of 2.8% year-over-year.
• Insider Director Michael J. Cody recently purchased 3,500 shares at an average price of $16.12, increasing their ownership by 6.18%.

Vishay Intertechnology (NYSE:VSH - Get Free Report) was downgraded by analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued on Sunday.

Vishay Intertechnology Stock Down 1.7%

Shares of NYSE VSH traded down $0.2550 during mid-day trading on Friday, reaching $14.5150. The company had a trading volume of 1,399,036 shares, compared to its average volume of 2,063,147. Vishay Intertechnology has a twelve month low of $10.35 and a twelve month high of $20.91. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.64 and a current ratio of 2.70. The stock has a market capitalization of $1.97 billion, a PE ratio of -22.33 and a beta of 1.13. The stock's 50 day moving average is $16.11 and its 200-day moving average is $15.46.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The semiconductor company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by ($0.09). Vishay Intertechnology had a negative return on equity of 0.10% and a negative net margin of 3.00%.The company had revenue of $762.25 million during the quarter, compared to analyst estimates of $756.07 million. During the same period last year, the company posted $0.17 earnings per share. The company's revenue was up 2.8% compared to the same quarter last year. As a group, equities analysts anticipate that Vishay Intertechnology will post 0.53 earnings per share for the current fiscal year.

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology news, Director Michael J. Cody acquired 3,500 shares of the firm's stock in a transaction that occurred on Wednesday, June 11th. The stock was purchased at an average cost of $16.12 per share, for a total transaction of $56,420.00. Following the completion of the acquisition, the director owned 60,169 shares of the company's stock, valued at approximately $969,924.28. This trade represents a 6.18% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 8.32% of the company's stock.

Institutional Investors Weigh In On Vishay Intertechnology

A number of hedge funds have recently bought and sold shares of VSH. First Trust Advisors LP lifted its stake in shares of 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 buying an additional 1,301,383 shares during the period. QRG Capital Management Inc. lifted its stake in shares of Vishay Intertechnology by 79.3% in the first quarter. QRG Capital Management Inc. now owns 25,399 shares of the semiconductor company's stock valued at $404,000 after buying an additional 11,236 shares during the period. Jefferies Financial Group Inc. lifted its stake in shares of Vishay Intertechnology by 336.5% in the first quarter. Jefferies Financial Group Inc. now owns 44,530 shares of the semiconductor company's stock valued at $708,000 after buying an additional 34,329 shares during the period. GAMMA Investing LLC lifted its stake in shares of Vishay Intertechnology by 11,063.0% in the first quarter. GAMMA Investing LLC now owns 42,866 shares of the semiconductor company's stock valued at $682,000 after buying an additional 42,482 shares during the period. Finally, New York State Teachers Retirement System lifted its stake in shares of Vishay Intertechnology by 1.2% in the first quarter. New York State Teachers Retirement System now owns 162,070 shares of the semiconductor company's stock valued at $2,577,000 after buying an additional 2,000 shares during the period. 93.66% of the stock is currently owned by institutional investors.

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.