Tower Research Capital LLC TRC Sells 24,006 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Tower Research Capital LLC TRC lowered its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH) by 92.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,044 shares of the semiconductor company’s stock after selling 24,006 shares during the period. Tower Research Capital LLC TRC’s holdings in Vishay Intertechnology were worth $35,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Wealthfront Advisers LLC purchased a new stake in shares of Vishay Intertechnology in the fourth quarter worth $38,000. Blue Trust Inc. lifted its stake in shares of Vishay Intertechnology by 275.9% during the 4th 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 in the last quarter. Sterling Capital Management LLC boosted its holdings 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 buying an additional 3,547 shares during the period. IFP Advisors Inc increased its stake in Vishay Intertechnology by 351.1% in the 4th 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 in the last quarter. Finally, Manchester Capital Management LLC increased its stake in Vishay Intertechnology by 526.6% in the 4th quarter. Manchester Capital Management LLC now owns 7,175 shares of the semiconductor company’s stock worth $122,000 after buying an additional 6,030 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors.

Vishay Intertechnology Trading Up 2.0%

VSH stock opened at $15.13 on Thursday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.73. Vishay Intertechnology, Inc. has a 1-year low of $10.35 and a 1-year high of $24.69. The business has a 50 day simple moving average of $14.00 and a two-hundred day simple moving average of $16.17. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of -63.04 and a beta of 1.06.

Vishay Intertechnology (NYSE:VSH) last released its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). Vishay Intertechnology had a negative net margin of 1.06% and a positive return on equity of 3.06%. The firm had revenue of $715.24 million for the quarter, compared to the consensus estimate of $713.50 million. During the same quarter in the previous year, the firm earned $0.22 earnings per share. The company’s quarterly revenue was down 4.2% compared to the same quarter last year. Research analysts anticipate that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a research report on Saturday, May 10th.

Insider Buying and Selling at Vishay Intertechnology

In other news, EVP Roy Shoshani purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 13th. The stock was bought at an average cost of $14.95 per share, with a total value of $149,500.00. Following the completion of the purchase, the executive vice president now owns 106,550 shares in the company, valued at approximately $1,592,922.50. This represents a 10.36% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO David Mcconnell purchased 2,000 shares of the business’s stock in a transaction on Monday, May 12th. The shares were purchased at an average price of $14.69 per share, with a total value of $29,380.00. Following the acquisition, the chief financial officer now directly owns 53,501 shares in the company, valued at $785,929.69. This represents a 3.88% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 13,000 shares of company stock worth $193,280. Insiders own 8.32% 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.