Vishay Intertechnology (NYSE:VSH) Raised to Hold at Wall Street Zen

Key Points

• Vishay Intertechnology was upgraded from a "sell" to a "hold" rating by Wall Street Zen, reflecting a shift in analyst sentiment towards the company.
• The semiconductor firm reported a loss of $0.07 per share in its latest earnings report, missing expectations, despite revenues increasing year-over-year by 2.8%.
• Significant insider buying occurred recently, with CFO David McConnell and EVP Roy Shoshani purchasing additional shares, indicating confidence in the company's future.

Vishay Intertechnology (NYSE:VSH - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "sell" rating to a "hold" rating in a report issued on Saturday.

Vishay Intertechnology Stock Up 5.7%

NYSE VSH traded up $0.79 on Friday, reaching $14.76. The company had a trading volume of 1,700,902 shares, compared to its average volume of 2,001,116. The firm has a market capitalization of $2.00 billion, a PE ratio of -22.72 and a beta of 1.13. Vishay Intertechnology has a 1 year low of $10.35 and a 1 year high of $20.91. The firm has a 50-day moving average of $16.18 and a 200-day moving average of $15.54. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.70 and a quick ratio of 1.64.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released 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 analysts' expectations of $756.07 million. During the same quarter in the prior year, the company earned $0.17 EPS. The firm's revenue was up 2.8% compared to the same quarter last year. On average, equities research analysts anticipate that Vishay Intertechnology will post 0.53 EPS for the current fiscal year.

Insider Buying and Selling at Vishay Intertechnology

In other news, Director Michael J. Cody purchased 3,500 shares of the stock in a transaction dated Wednesday, June 11th. The stock was acquired at an average cost of $16.12 per share, for a total transaction of $56,420.00. Following the acquisition, the director owned 60,169 shares of the company's stock, valued at $969,924.28. The trade was a 6.18% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 8.32% of the company's stock.

Institutional Investors Weigh In On Vishay Intertechnology

Institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in Vishay Intertechnology by 602.1% during the 1st quarter. GAMMA Investing LLC now owns 2,696 shares of the semiconductor company's stock worth $43,000 after buying an additional 2,312 shares during the last quarter. Larson Financial Group LLC grew its stake in Vishay Intertechnology by 27,083.3% during the 1st quarter. Larson Financial Group LLC now owns 3,262 shares of the semiconductor company's stock worth $52,000 after buying an additional 3,250 shares during the last quarter. CWM LLC grew its stake in Vishay Intertechnology by 76.0% during the 1st quarter. CWM LLC now owns 3,473 shares of the semiconductor company's stock worth $55,000 after buying an additional 1,500 shares during the last quarter. Sterling Capital Management LLC grew its stake in Vishay Intertechnology by 819.2% during the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock worth $67,000 after buying an additional 3,547 shares during the last quarter. Finally, AlphaQuest LLC grew its stake in Vishay Intertechnology by 135.6% during the 2nd quarter. AlphaQuest LLC now owns 5,789 shares of the semiconductor company's stock worth $92,000 after buying an additional 3,332 shares during the last quarter. 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.