Bowling Portfolio Management LLC boosted its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 80.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 93,581 shares of the semiconductor company’s stock after buying an additional 41,780 shares during the period. Bowling Portfolio Management LLC’s holdings in Vishay Intertechnology were worth $1,553,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Glen Harbor Capital Management LLC raised its position in shares of Vishay Intertechnology by 7.4% in the first quarter. Glen Harbor Capital Management LLC now owns 6,050 shares of the semiconductor company’s stock worth $100,000 after buying an additional 418 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Vishay Intertechnology by 83.8% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,200 shares of the semiconductor company’s stock worth $102,000 after buying an additional 2,827 shares during the last quarter. Elkfork Partners LLC raised its position in shares of Vishay Intertechnology by 7.4% in the first quarter. Elkfork Partners LLC now owns 7,700 shares of the semiconductor company’s stock worth $127,000 after buying an additional 532 shares during the last quarter. US Bancorp DE raised its position in shares of Vishay Intertechnology by 0.5% in the first quarter. US Bancorp DE now owns 8,759 shares of the semiconductor company’s stock worth $144,000 after buying an additional 45 shares during the last quarter. Finally, Meadow Creek Investment Management LLC raised its position in shares of Vishay Intertechnology by 7.4% in the first quarter. Meadow Creek Investment Management LLC now owns 9,350 shares of the semiconductor company’s stock worth $154,000 after buying an additional 646 shares during the last quarter.
Vishay Intertechnology, Inc. (NYSE VSH) opened at 17.85 on Tuesday. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of 46.73 and a beta of 1.21. The company has a 50-day moving average price of $17.11 and a 200 day moving average price of $16.53. Vishay Intertechnology, Inc. has a 52-week low of $12.39 and a 52-week high of $18.55.
Vishay Intertechnology (NYSE:VSH) last released its quarterly earnings data on Wednesday, May 3rd. The semiconductor company reported $0.28 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.05. The company had revenue of $606 million during the quarter, compared to the consensus estimate of $598.72 million. Vishay Intertechnology had a net margin of 2.44% and a return on equity of 8.68%. Vishay Intertechnology’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.19 EPS. On average, analysts expect that Vishay Intertechnology, Inc. will post $1.22 earnings per share for the current year.
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VSH has been the subject of a number of research analyst reports. ValuEngine upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. BidaskClub upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Wednesday, July 19th. Zacks Investment Research upgraded Vishay Intertechnology from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research report on Friday, April 14th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $17.00 price target on shares of Vishay Intertechnology in a research report on Friday, July 14th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $18.50.
In other Vishay Intertechnology news, insider Gerald Paul sold 77,334 shares of the stock in a transaction dated Thursday, May 4th. The shares were sold at an average price of $16.56, for a total value of $1,280,651.04. Following the completion of the sale, the insider now owns 340,320 shares in the company, valued at approximately $5,635,699.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 7.91% of the stock is currently owned by corporate insiders.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.
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