AI Squared Management Ltd Invests $1.58 Million in Vishay Intertechnology, Inc. (NYSE:VSH)

AI Squared Management Ltd bought a new stake in shares of Vishay Intertechnology, Inc. (NYSE:VSH) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 93,400 shares of the semiconductor company’s stock, valued at approximately $1,582,000. Vishay Intertechnology accounts for 1.6% of AI Squared Management Ltd’s holdings, making the stock its 16th biggest holding. AI Squared Management Ltd owned approximately 0.07% of Vishay Intertechnology at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Intech Investment Management LLC bought a new stake in Vishay Intertechnology during the third quarter valued at about $818,000. Charles Schwab Investment Management Inc. grew its stake in shares of Vishay Intertechnology by 17.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,709,994 shares of the semiconductor company’s stock valued at $32,336,000 after acquiring an additional 248,741 shares during the period. Meridian Wealth Management LLC purchased a new stake in Vishay Intertechnology in the 3rd quarter worth approximately $207,000. Fisher Asset Management LLC increased its holdings in Vishay Intertechnology by 2.5% in the 3rd quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company’s stock worth $50,548,000 after acquiring an additional 66,268 shares in the last quarter. Finally, Quantbot Technologies LP raised its stake in Vishay Intertechnology by 89.7% during the 3rd quarter. Quantbot Technologies LP now owns 100,864 shares of the semiconductor company’s stock worth $1,907,000 after acquiring an additional 47,700 shares during the period. 93.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. JPMorgan Chase & Co. began coverage on shares of Vishay Intertechnology in a research note on Monday, December 16th. They issued a “neutral” rating and a $19.00 price objective for the company. StockNews.com upgraded Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Tuesday, March 18th.

Vishay Intertechnology Trading Up 2.9 %

Shares of VSH opened at $17.35 on Tuesday. The firm has a market cap of $2.35 billion, a P/E ratio of -72.30 and a beta of 1.13. 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 $14.95 and a 1 year high of $24.69. The company has a 50 day simple moving average of $17.27 and a two-hundred day simple moving average of $17.51.

Vishay Intertechnology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.40 dividend on an annualized basis and a yield of 2.31%. Vishay Intertechnology’s dividend payout ratio is currently -166.67%.

Insiders Place Their Bets

In other news, Chairman Marc Zandman sold 27,176 shares of the firm’s stock in a transaction dated 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 transaction, the chairman now owns 76,468 shares in the company, valued at $1,290,779.84. This trade represents a 26.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 8.14% of the company’s stock.

Vishay Intertechnology 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.