Vishay Intertechnology (NYSE:VSH) Trading Up 8.2% – What’s Next?

Vishay Intertechnology, Inc. (NYSE:VSH)’s share price shot up 8.2% on Thursday . The stock traded as high as $12.64 and last traded at $12.70. 224,084 shares were traded during mid-day trading, a decline of 87% from the average session volume of 1,733,729 shares. The stock had previously closed at $11.74.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th.

Vishay Intertechnology Stock Down 0.2 %

The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70. The stock has a market capitalization of $1.75 billion, a P/E ratio of -53.79 and a beta of 1.06. The stock’s fifty day simple moving average is $15.11 and its two-hundred day simple moving average is $16.57.

Vishay Intertechnology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 3.10%. The ex-dividend date was Thursday, March 13th. Vishay Intertechnology’s payout ratio is presently -166.67%.

Insider Buying and Selling at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the business’s stock in a transaction 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 directly owns 76,468 shares in the company, valued at $1,290,779.84. The trade was a 26.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 8.32% of the company’s stock.

Institutional Trading of Vishay Intertechnology

Institutional investors have recently made changes to their positions in the stock. New York State Teachers Retirement System increased its stake in shares of Vishay Intertechnology by 1.2% in the 1st quarter. New York State Teachers Retirement System now owns 162,070 shares of the semiconductor company’s stock worth $2,577,000 after acquiring an additional 2,000 shares in the last quarter. Illinois Municipal Retirement Fund bought a new position in Vishay Intertechnology during the 1st quarter valued at about $925,000. Live Oak Private Wealth LLC lifted its position in Vishay Intertechnology by 30.9% during the first quarter. Live Oak Private Wealth LLC now owns 287,852 shares of the semiconductor company’s stock valued at $4,577,000 after purchasing an additional 67,883 shares during the period. QRG Capital Management Inc. raised its stake in Vishay Intertechnology by 79.3% during the 1st quarter. QRG Capital Management Inc. now owns 25,399 shares of the semiconductor company’s stock valued at $404,000 after buying an additional 11,236 shares during the last quarter. Finally, Sowell Financial Services LLC bought a new position in shares of Vishay Intertechnology during the 1st quarter valued at $177,000. 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.