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

AI Squared Management Ltd purchased a new position in Vishay Intertechnology, Inc. (NYSE:VSH) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 93,400 shares of the semiconductor company’s stock, valued at approximately $1,582,000. Vishay Intertechnology comprises approximately 1.6% of AI Squared Management Ltd’s holdings, making the stock its 16th biggest position.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Mountaineer Partners Management LLC boosted its position in shares of Vishay Intertechnology by 924.9% during the third quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company’s stock valued at $394,161,000 after buying an additional 18,810,325 shares during the period. Vanguard Group Inc. boosted its holdings in Vishay Intertechnology by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company’s stock valued at $281,652,000 after acquiring an additional 1,224,112 shares during the period. American Century Companies Inc. grew its position in Vishay Intertechnology by 9.3% in the 4th quarter. American Century Companies Inc. now owns 3,838,847 shares of the semiconductor company’s stock valued at $65,030,000 after acquiring an additional 325,859 shares during the last quarter. Principal Financial Group Inc. increased its stake in Vishay Intertechnology by 4.6% in the fourth quarter. Principal Financial Group Inc. now owns 2,691,437 shares of the semiconductor company’s stock worth $45,593,000 after purchasing an additional 117,692 shares during the period. Finally, Fisher Asset Management LLC lifted its position in shares of Vishay Intertechnology by 2.5% during the third quarter. Fisher Asset Management LLC now owns 2,673,088 shares of the semiconductor company’s stock worth $50,548,000 after purchasing an additional 66,268 shares during the last quarter. 93.66% of the stock is owned by hedge funds and other institutional investors.

Vishay Intertechnology Stock Performance

Shares of Vishay Intertechnology stock opened at $17.35 on Tuesday. The company has a current ratio of 2.70, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The stock’s fifty day moving average price is $17.27 and its 200-day moving average price is $17.51. The firm has a market cap of $2.35 billion, a P/E ratio of -72.30 and a beta of 1.13. Vishay Intertechnology, Inc. has a 12 month low of $14.95 and a 12 month high of $24.69.

Vishay Intertechnology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date of this dividend is Thursday, March 13th. Vishay Intertechnology’s dividend payout ratio (DPR) is -166.67%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on VSH. JPMorgan Chase & Co. began coverage on shares of Vishay Intertechnology in a report on Monday, December 16th. They issued a “neutral” rating and a $19.00 price target on the stock. StockNews.com raised shares of Vishay Intertechnology from a “sell” rating to a “hold” rating in a research report on Tuesday, March 18th.

Insider Activity

In related news, Chairman Marc Zandman sold 27,176 shares of Vishay Intertechnology stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $16.88, for a total transaction 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 8.14% 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.