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

Vishay Intertechnology (NYSE:VSH) was downgraded by investment 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 report on Monday, December 16th. They set a “neutral” rating and a $19.00 price objective on the stock.

Vishay Intertechnology Price Performance

Shares of Vishay Intertechnology stock opened at $17.64 on Friday. The stock has a 50 day moving average price of $17.21 and a 200-day moving average price of $17.78. Vishay Intertechnology has a one year low of $14.95 and a one year high of $24.68. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of -73.48 and a beta of 1.13. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.73 and a current ratio of 2.70.

Insider Activity at Vishay Intertechnology

In other news, Chairman Marc Zandman sold 27,176 shares of Vishay Intertechnology stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $16.88, for a total transaction of $458,730.88. Following the completion of the sale, the chairman now directly owns 76,468 shares in the company, valued at approximately $1,290,779.84. This trade represents a 26.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 8.14% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. M&G PLC boosted its position in Vishay Intertechnology by 21.2% in the 3rd quarter. M&G PLC now owns 332,776 shares of the semiconductor company’s stock valued at $6,323,000 after buying an additional 58,152 shares during the period. Principal Financial Group Inc. raised its stake in shares of Vishay Intertechnology by 1.2% during the third quarter. Principal Financial Group Inc. now owns 2,573,745 shares of the semiconductor company’s stock valued at $48,669,000 after acquiring an additional 30,515 shares in the last quarter. Versor Investments LP purchased a new stake in shares of Vishay Intertechnology in the third quarter valued at approximately $686,000. GSA Capital Partners LLP bought a new position in Vishay Intertechnology in the third quarter worth approximately $426,000. Finally, Aigen Investment Management LP purchased a new position in Vishay Intertechnology during the 3rd quarter worth $668,000. 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.