StockNews.com Downgrades Vishay Intertechnology (NYSE:VSH) to Sell

Vishay Intertechnology (NYSE:VSH - Get Free Report) was downgraded by equities research analysts at StockNews.com from a "hold" rating to a "sell" rating in a research note issued on Thursday.

Separately, JPMorgan Chase & Co. initiated coverage on shares of Vishay Intertechnology in a research report on Monday, December 16th. They issued a "neutral" rating and a $19.00 target price for the company.

Vishay Intertechnology Stock Up 5.3 %

VSH stock traded up $0.93 during midday trading on Thursday, reaching $18.68. The company had a trading volume of 2,105,789 shares, compared to its average volume of 1,765,895. Vishay Intertechnology has a 1 year low of $14.95 and a 1 year high of $24.68. The company has a current ratio of 2.70, a quick ratio of 1.85 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $2.54 billion, a P/E ratio of -77.84 and a beta of 1.12. The company has a 50 day moving average of $17.11 and a two-hundred day moving average of $18.01.

Insider Activity

In other news, Chairman Marc Zandman sold 20,359 shares of the firm's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $16.71, for a total transaction of $340,198.89. Following the transaction, the chairman now owns 32,957 shares in the company, valued at approximately $550,711.47. This trade represents a 38.19 % decrease in their position. 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 insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VSH. Wealthfront Advisers LLC bought a new position in Vishay Intertechnology in the 4th quarter worth $38,000. Blue Trust Inc. raised its holdings in Vishay Intertechnology by 275.9% in the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company's stock worth $46,000 after acquiring an additional 1,989 shares during the period. Sterling Capital Management LLC raised its holdings in Vishay Intertechnology by 819.2% in the 4th quarter. Sterling Capital Management LLC now owns 3,980 shares of the semiconductor company's stock worth $67,000 after acquiring an additional 3,547 shares during the period. IFP Advisors Inc raised its holdings in Vishay Intertechnology by 351.1% in the 4th quarter. IFP Advisors Inc now owns 4,376 shares of the semiconductor company's stock worth $74,000 after acquiring an additional 3,406 shares during the period. Finally, DekaBank Deutsche Girozentrale bought a new position in Vishay Intertechnology in the 3rd quarter worth $101,000. 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.