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

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

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

Vishay Intertechnology Trading Up 1.3 %

Shares of Vishay Intertechnology stock opened at $17.64 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73. The stock has a market capitalization of $2.39 billion, a PE ratio of -73.48 and a beta of 1.13. Vishay Intertechnology has a 1-year low of $14.95 and a 1-year high of $24.68. The company’s fifty day simple moving average is $17.21 and its 200-day simple moving average is $17.78.

Insider Buying and Selling

In related news, Chairman Marc Zandman sold 27,176 shares of the firm’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total transaction of $458,730.88. Following the completion of the transaction, the chairman now directly owns 76,468 shares of the company’s stock, valued at approximately $1,290,779.84. This trade represents a 26.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 8.14% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. M&G PLC boosted its stake in Vishay Intertechnology by 21.2% during the third quarter. M&G PLC now owns 332,776 shares of the semiconductor company’s stock valued at $6,323,000 after buying an additional 58,152 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Vishay Intertechnology by 1.2% during the 3rd quarter. Principal Financial Group Inc. now owns 2,573,745 shares of the semiconductor company’s stock worth $48,669,000 after acquiring an additional 30,515 shares in the last quarter. Versor Investments LP bought a new position in shares of Vishay Intertechnology during the 3rd quarter valued at approximately $686,000. GSA Capital Partners LLP purchased a new position in shares of Vishay Intertechnology in the third quarter valued at $426,000. Finally, Aigen Investment Management LP bought a new stake in Vishay Intertechnology in the third quarter worth $668,000. Hedge funds and other 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.