Vishay Intertechnology (NYSE:VSH) Rating Increased to Hold at StockNews.com

Vishay Intertechnology (NYSE:VSH) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.

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 target on the stock.

Vishay Intertechnology Stock Performance

NYSE:VSH traded down $0.06 during mid-day trading on Tuesday, reaching $17.05. 1,703,596 shares of the company’s stock were exchanged, compared to its average volume of 1,470,594. Vishay Intertechnology has a one year low of $14.95 and a one year high of $24.69. The firm has a market capitalization of $2.31 billion, a PE ratio of -71.02 and a beta of 1.13. The business’s fifty day simple moving average is $17.22 and its two-hundred day simple moving average is $17.57. 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 Buying and Selling at Vishay Intertechnology

In other Vishay Intertechnology news, Chairman Marc Zandman sold 27,176 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total value of $458,730.88. Following the transaction, the chairman now directly owns 76,468 shares of the company’s stock, valued at $1,290,779.84. This trade represents a 26.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 8.14% of the company’s stock.

Hedge Funds Weigh In On Vishay Intertechnology

Several hedge funds have recently bought and sold shares of the company. Wealthfront Advisers LLC bought a new stake in shares of Vishay Intertechnology during the 4th quarter valued at approximately $38,000. Blue Trust Inc. grew its holdings 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 purchasing an additional 1,989 shares during the last quarter. Sterling Capital Management LLC grew its holdings in shares of Vishay Intertechnology by 819.2% during the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company’s stock valued at $67,000 after purchasing an additional 3,547 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of Vishay Intertechnology by 351.1% during the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company’s stock valued at $74,000 after purchasing 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% during the 4th 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 last quarter. 93.66% of the stock is owned by institutional investors.

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.