Shares of Bel Fuse Inc. (NASDAQ:BELFB) saw unusually-high trading volume on Friday . Approximately 131,400 shares changed hands during mid-day trading, an increase of 152% from the previous session’s volume of 52,155 shares.The stock last traded at $18.04 and had previously closed at $17.45.

Separately, TheStreet downgraded Bel Fuse from a “hold” rating to a “sell” rating in a research report on Friday, May 6th.

The firm has a 50 day moving average price of $17.94 and a 200-day moving average price of $16.04. The firm’s market cap is $214.04 million.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 1st. Stockholders of record on Friday, July 15th will be given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date is Wednesday, July 13th.

In other Bel Fuse news, Director Avi D. Eden acquired 7,000 shares of the business’s stock in a transaction dated Tuesday, May 17th. The stock was acquired at an average cost of $17.42 per share, for a total transaction of $121,940.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at $87,100. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Several hedge funds have recently modified their holdings of BELFB. Dimensional Fund Advisors LP boosted its stake in shares of Bel Fuse by 3.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 753,919 shares of the company’s stock valued at $13,035,000 after buying an additional 24,063 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Bel Fuse by 4.5% in the fourth quarter. Principal Financial Group Inc. now owns 58,263 shares of the company’s stock valued at $1,007,000 after buying an additional 2,503 shares during the last quarter. Morgan Stanley boosted its stake in shares of Bel Fuse by 85.6% in the fourth quarter. Morgan Stanley now owns 83,770 shares of the company’s stock valued at $1,449,000 after buying an additional 38,628 shares during the last quarter. Boston Partners boosted its stake in shares of Bel Fuse by 2.5% in the fourth quarter. Boston Partners now owns 204,772 shares of the company’s stock valued at $3,541,000 after buying an additional 5,037 shares during the last quarter. Finally, LSV Asset Management boosted its stake in shares of Bel Fuse by 17.2% in the fourth quarter. LSV Asset Management now owns 365,648 shares of the company’s stock valued at $6,322,000 after buying an additional 53,660 shares during the last quarter.

Bel Fuse Inc (Bel) designs, manufactures and markets a range of products that power, protect and connect electronic circuits. The Company’s products include magnetic solutions, power solutions and protection, and connectivity solutions. The Company’s operating segments are North America, Asia and Europe.

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