Vishay Intertechnology (NYSE:VSH) Lowered to Sell Rating by StockNews.com

Vishay Intertechnology (NYSE:VSH) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday.

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

Vishay Intertechnology Stock Performance

NYSE VSH opened at $18.68 on Thursday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.85. Vishay Intertechnology has a 1 year low of $14.95 and a 1 year high of $24.68. The company has a market capitalization of $2.54 billion, a PE ratio of -77.84 and a beta of 1.12. The company has a fifty day moving average of $17.11 and a two-hundred day moving average of $18.10.

Insider Activity

In other news, Chairman Marc Zandman sold 20,359 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $16.71, for a total value of $340,198.89. Following the sale, the chairman now directly owns 32,957 shares in the company, valued at $550,711.47. This represents a 38.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 8.14% of the company’s stock.

Institutional Trading of Vishay Intertechnology

Large investors have recently modified their holdings of the business. Atria Investments Inc boosted its holdings in shares of Vishay Intertechnology by 3.2% in the 4th quarter. Atria Investments Inc now owns 18,790 shares of the semiconductor company’s stock valued at $318,000 after purchasing an additional 590 shares during the last quarter. Coldstream Capital Management Inc. raised its stake in shares of Vishay Intertechnology by 6.4% in the 4th quarter. Coldstream Capital Management Inc. now owns 11,090 shares of the semiconductor company’s stock valued at $188,000 after acquiring an additional 663 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Vishay Intertechnology by 3.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 20,010 shares of the semiconductor company’s stock valued at $339,000 after acquiring an additional 714 shares during the period. Somerset Trust Co raised its stake in shares of Vishay Intertechnology by 10.4% in the 4th quarter. Somerset Trust Co now owns 12,253 shares of the semiconductor company’s stock valued at $208,000 after acquiring an additional 1,152 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of Vishay Intertechnology by 1.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 104,986 shares of the semiconductor company’s stock valued at $1,778,000 after acquiring an additional 1,767 shares during the period. 93.66% of the stock is currently owned by institutional investors and hedge funds.

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.