StockNews.com Downgrades Vishay Intertechnology (NYSE:VSH) to Sell

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

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

Vishay Intertechnology Stock Performance

Shares of VSH opened at $17.84 on Friday. Vishay Intertechnology has a 12 month low of $14.95 and a 12 month high of $24.68. The company has a market cap of $2.42 billion, a price-to-earnings ratio of -74.31 and a beta of 1.13. The business’s fifty day simple moving average is $17.21 and its two-hundred day simple moving average is $17.74. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45.

Insider Activity at Vishay Intertechnology

In related news, Chairman Marc Zandman sold 27,176 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total value of $458,730.88. Following the sale, the chairman now owns 76,468 shares in the company, valued at $1,290,779.84. This represents a 26.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 8.14% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Wealthfront Advisers LLC acquired a new stake in Vishay Intertechnology during the fourth quarter worth about $38,000. Blue Trust Inc. raised its position in shares of Vishay Intertechnology by 275.9% in the fourth quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock valued at $46,000 after buying an additional 1,989 shares during the last quarter. Sterling Capital Management LLC lifted its stake in Vishay Intertechnology by 819.2% in the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company’s stock worth $67,000 after purchasing an additional 3,547 shares in the last quarter. IFP Advisors Inc boosted its stake in Vishay Intertechnology by 351.1% during the fourth quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company’s stock worth $74,000 after buying an additional 3,406 shares during the last quarter. Finally, Manchester Capital Management LLC grew its holdings in shares of Vishay Intertechnology by 526.6% in the fourth quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company’s stock valued at $122,000 after purchasing an additional 6,030 shares during the period. Hedge funds and other institutional investors own 93.66% of the company’s stock.

Vishay Intertechnology Company Profile

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.