Vishay Intertechnology (NYSE:VSH) Cut to “Sell” at StockNews.com

Vishay Intertechnology (NYSE:VSH) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Thursday.

Separately, JPMorgan Chase & Co. initiated coverage on Vishay Intertechnology in a research note on Monday, December 16th. They issued a “neutral” rating and a $19.00 price target for the company.

Vishay Intertechnology Stock Up 1.5 %

NYSE:VSH opened at $17.26 on Thursday. The firm has a market capitalization of $2.34 billion, a price-to-earnings ratio of -71.92 and a beta of 1.12. Vishay Intertechnology has a twelve month low of $14.95 and a twelve month high of $24.68. The stock’s 50 day moving average price is $17.11 and its two-hundred day moving average price is $18.14. The company has a quick ratio of 1.85, a current ratio of 2.70 and a debt-to-equity ratio of 0.45.

Insider Transactions at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 20,359 shares of the company’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $16.71, for a total value of $340,198.89. Following the completion of the transaction, the chairman now owns 32,957 shares of the company’s stock, valued at $550,711.47. This represents a 38.19 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 8.14% of the stock is owned by insiders.

Institutional Investors Weigh In On Vishay Intertechnology

Institutional investors have recently made changes to their positions in the stock. Mountaineer Partners Management LLC boosted its position in shares of Vishay Intertechnology by 924.9% during the 3rd quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company’s stock valued at $394,161,000 after purchasing an additional 18,810,325 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Vishay Intertechnology by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company’s stock worth $281,652,000 after acquiring an additional 1,224,112 shares in the last quarter. Norges Bank bought a new position in Vishay Intertechnology in the fourth quarter worth approximately $143,719,000. American Century Companies Inc. boosted its holdings in Vishay Intertechnology by 9.3% in the fourth quarter. American Century Companies Inc. now owns 3,838,847 shares of the semiconductor company’s stock worth $65,030,000 after acquiring an additional 325,859 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in Vishay Intertechnology by 4.6% in the fourth quarter. Principal Financial Group Inc. now owns 2,691,437 shares of the semiconductor company’s stock worth $45,593,000 after acquiring an additional 117,692 shares in the last quarter. Institutional investors own 93.66% of the company’s stock.

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.