Vishay Intertechnology (VSH) Shares Sold by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC trimmed its holdings in shares of Vishay Intertechnology (NYSE:VSH) by 71.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,896 shares of the semiconductor company’s stock after selling 29,641 shares during the period. Cubist Systematic Strategies LLC’s holdings in Vishay Intertechnology were worth $224,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the business. Janus Henderson Group PLC bought a new position in shares of Vishay Intertechnology in the 2nd quarter worth $23,771,000. Numeric Investors LLC lifted its holdings in shares of Vishay Intertechnology by 110.9% in the 2nd quarter. Numeric Investors LLC now owns 1,554,375 shares of the semiconductor company’s stock worth $25,803,000 after purchasing an additional 817,200 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Vishay Intertechnology by 48.0% in the 2nd quarter. Goldman Sachs Group Inc. now owns 2,491,893 shares of the semiconductor company’s stock worth $41,366,000 after purchasing an additional 808,504 shares in the last quarter. Schroder Investment Management Group lifted its holdings in shares of Vishay Intertechnology by 11.5% in the 3rd quarter. Schroder Investment Management Group now owns 7,205,858 shares of the semiconductor company’s stock worth $134,750,000 after purchasing an additional 744,701 shares in the last quarter. Finally, Quentec Asset Management LLC bought a new position in shares of Vishay Intertechnology in the 2nd quarter worth $12,035,000.

In other Vishay Intertechnology news, Director Abraham Ludomirski sold 20,000 shares of the firm’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $21.79, for a total transaction of $435,800.00. Following the transaction, the director now directly owns 86,232 shares in the company, valued at approximately $1,878,995.28. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Gerald Paul sold 50,000 shares of the firm’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $21.37, for a total value of $1,068,500.00. Following the sale, the chief executive officer now directly owns 162,986 shares of the company’s stock, valued at $3,483,010.82. The disclosure for this sale can be found here. 7.91% of the stock is currently owned by company insiders.

VSH has been the topic of a number of recent research reports. Zacks Investment Research cut Vishay Intertechnology from a “buy” rating to a “hold” rating in a report on Wednesday, September 13th. Stifel Nicolaus increased their target price on Vishay Intertechnology from $18.00 to $20.00 and gave the stock a “hold” rating in a report on Friday, October 27th. Finally, Citigroup increased their target price on Vishay Intertechnology from $16.00 to $19.00 and gave the stock a “sell” rating in a report on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $20.33.

Vishay Intertechnology (NYSE:VSH) opened at $21.25 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.44 and a current ratio of 4.33. Vishay Intertechnology has a 52 week low of $15.35 and a 52 week high of $23.45. The firm has a market capitalization of $3,060.00, a price-to-earnings ratio of 31.25, a price-to-earnings-growth ratio of 0.68 and a beta of 1.20.

Vishay Intertechnology (NYSE:VSH) last issued its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.05. Vishay Intertechnology had a return on equity of 11.77% and a net margin of 4.34%. The business had revenue of $677.90 million for the quarter, compared to analysts’ expectations of $660.32 million. During the same period last year, the business earned $0.25 EPS. The business’s revenue was up 14.5% on a year-over-year basis. equities research analysts anticipate that Vishay Intertechnology will post 1.41 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 21st. Shareholders of record on Thursday, December 7th were paid a dividend of $0.0675 per share. The ex-dividend date was Wednesday, December 6th. This is a boost from Vishay Intertechnology’s previous quarterly dividend of $0.06. This represents a $0.27 annualized dividend and a yield of 1.27%. Vishay Intertechnology’s dividend payout ratio (DPR) is 39.71%.

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Vishay Intertechnology Profile

Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.

Institutional Ownership by Quarter for Vishay Intertechnology (NYSE:VSH)

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