Bel Fuse (NASDAQ:BELFA) VP Sells 408 Shares

Bel Fuse Inc. (NASDAQ:BELFA) VP Joseph Berry sold 408 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $144.23, for a total transaction of $58,845.84. Following the completion of the transaction, the vice president owned 17,893 shares of the company’s stock, valued at $2,580,707.39. This represents a 2.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Joseph Berry also recently made the following trade(s):

• On Tuesday, November 18th, Joseph Berry sold 119 shares of Bel Fuse stock. The stock was sold at an average price of $141.96, for a total transaction of $16,893.24.

Bel Fuse Price Performance

Shares of BELFA stock traded up $2.89 during midday trading on Wednesday, reaching $122.40. 75,951 shares of the company traded hands, compared to its average volume of 9,265. The firm’s 50 day simple moving average is $124.85 and its two-hundred day simple moving average is $103.14. Bel Fuse Inc. has a 1-year low of $53.95 and a 1-year high of $142.70. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.05 and a quick ratio of 1.72. The firm has a market cap of $1.55 billion, a PE ratio of 24.83 and a beta of 1.25.

Bel Fuse (NASDAQ:BELFA) last released its quarterly earnings data on Wednesday, October 29th. The scientific and technical instruments company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.40 by $0.59. The firm had revenue of $178.98 million during the quarter, compared to the consensus estimate of $171.69 million. Bel Fuse had a return on equity of 21.84% and a net margin of 10.04%. Bel Fuse has set its Q4 2025 guidance at EPS.

Bel Fuse Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be given a $0.06 dividend. The ex-dividend date is Thursday, January 15th. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. Bel Fuse’s payout ratio is currently 4.87%.

Institutional Trading of Bel Fuse

A number of large investors have recently made changes to their positions in BELFA. Qube Research & Technologies Ltd acquired a new position in Bel Fuse in the 3rd quarter valued at about $286,000. Millennium Management LLC acquired a new stake in shares of Bel Fuse during the 3rd quarter worth about $358,000. Citadel Advisors LLC grew its holdings in shares of Bel Fuse by 434.9% during the third quarter. Citadel Advisors LLC now owns 13,336 shares of the scientific and technical instruments company’s stock worth $1,552,000 after buying an additional 10,843 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Bel Fuse in the third quarter valued at approximately $1,628,000. Finally, BNP Paribas Financial Markets raised its position in shares of Bel Fuse by 92.2% in the third quarter. BNP Paribas Financial Markets now owns 319 shares of the scientific and technical instruments company’s stock valued at $37,000 after buying an additional 153 shares during the last quarter. Institutional investors and hedge funds own 6.01% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bel Fuse in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Bel Fuse has a consensus rating of “Buy” and an average price target of $115.00.

About Bel Fuse

Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.