20,214 Shares of Vishay Intertechnology, Inc. $VSH Bought by Net Worth Advisory Group

Net Worth Advisory Group acquired a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 20,214 shares of the semiconductor company’s stock, valued at approximately $693,000.

Several other hedge funds also recently made changes to their positions in VSH. Carolina Wealth Advisors LLC bought a new stake in shares of Vishay Intertechnology in the 2nd quarter worth approximately $32,000. GAMMA Investing LLC lifted its stake in Vishay Intertechnology by 8.2% during the second quarter. GAMMA Investing LLC now owns 9,261 shares of the semiconductor company’s stock valued at $498,000 after purchasing an additional 702 shares during the last quarter. Rakuten Securities Inc. bought a new stake in Vishay Intertechnology during the second quarter worth approximately $47,000. Integrated Wealth Concepts LLC bought a new stake in Vishay Intertechnology during the second quarter worth approximately $49,000. Finally, Allworth Financial LP bought a new stake in Vishay Intertechnology during the second quarter worth approximately $54,000. Institutional investors and hedge funds own 93.66% of the company’s stock.

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology news, Director Raanan Zilberman sold 16,575 shares of the business’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $35.82, for a total transaction of $593,716.50. Following the sale, the director directly owned 31,937 shares of the company’s stock, valued at $1,143,983.34. The trade was a 34.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 8.35% of the stock is currently owned by company insiders.

Vishay Intertechnology Stock Performance

Shares of VSH opened at $28.52 on Tuesday. The company has a 50-day moving average of $32.31 and a two-hundred day moving average of $37.71. The stock has a market cap of $4.37 billion, a price-to-earnings ratio of 150.09, a PEG ratio of 3.27 and a beta of 1.79. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.80 and a quick ratio of 1.27. Vishay Intertechnology, Inc. has a one year low of $11.77 and a one year high of $69.47.

Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.04. The business had revenue of $918.58 million for the quarter, compared to analyst estimates of $897.03 million. Vishay Intertechnology had a net margin of 0.86% and a return on equity of 1.84%. The firm’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.07) earnings per share. On average, equities research analysts expect that Vishay Intertechnology, Inc. will post 0.85 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, September 10th. Vishay Intertechnology’s payout ratio is 210.53%.

Wall Street Analyst Weigh In

Several research firms have issued reports on VSH. Oppenheimer lifted their price target on shares of Vishay Intertechnology from $42.00 to $45.00 and gave the stock an “outperform” rating in a research report on Thursday, October 8th. Wall Street Zen upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a report on Saturday, October 10th. Zacks Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Needham & Company LLC started coverage on Vishay Intertechnology in a research report on Tuesday, August 4th. They set a “buy” rating and a $45.00 target price on the stock. Finally, Truist Financial started coverage on Vishay Intertechnology in a report on Thursday, September 3rd. They set a “buy” rating and a $42.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $36.67.

About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer of electronic components used in industrial, automotive, computing, telecommunications, consumer electronics, aerospace and defense, and medical applications. The company’s portfolio includes passive components and semiconductor products that support power management, signal processing, sensing, connectivity and energy conversion.

Its products include resistors, capacitors, inductors, diodes, rectifiers, power MOSFETs, optoelectronic components, sensors, transducers and related power and circuit-protection devices.