Vishay Intertechnology (NYSE:VSH) Shares Gap Down - Time to Sell?

Vishay Intertechnology, Inc. (NYSE:VSH - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $16.87, but opened at $16.50. Vishay Intertechnology shares last traded at $16.47, with a volume of 119,822 shares.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on VSH. StockNews.com upgraded Vishay Intertechnology from a "sell" rating to a "hold" rating in a report on Tuesday. JPMorgan Chase & Co. began coverage on Vishay Intertechnology in a research note on Monday, December 16th. They set a "neutral" rating and a $19.00 price objective on the stock.

Vishay Intertechnology Stock Down 1.9 %

The company has a market capitalization of $2.29 billion, a PE ratio of -70.31 and a beta of 1.13. The stock has a 50-day moving average of $17.24 and a 200 day moving average of $17.56. The company has a quick ratio of 1.73, a current ratio of 2.70 and a debt-to-equity ratio of 0.45.

Vishay Intertechnology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a dividend of $0.10 per share. 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 2.37%. Vishay Intertechnology's dividend payout ratio (DPR) is presently -166.67%.

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Insiders Place Their Bets

In other Vishay Intertechnology news, Chairman Marc Zandman sold 20,359 shares of the firm's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $16.71, for a total value of $340,198.89. Following the completion of the sale, the chairman now directly owns 32,957 shares of the company's stock, valued at $550,711.47. This trade represents a 38.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 8.14% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in VSH. Mountaineer Partners Management LLC raised its stake in Vishay Intertechnology by 924.9% in the 3rd quarter. Mountaineer Partners Management LLC now owns 20,844,077 shares of the semiconductor company's stock valued at $394,161,000 after acquiring an additional 18,810,325 shares during the period. Vanguard Group Inc. raised its position in shares of Vishay Intertechnology by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 16,626,430 shares of the semiconductor company's stock valued at $281,652,000 after purchasing an additional 1,224,112 shares during the period. Norges Bank bought a new position in Vishay Intertechnology in the 4th quarter worth approximately $143,719,000. First Trust Advisors LP grew its stake in Vishay Intertechnology by 34.5% in the 4th quarter. First Trust Advisors LP now owns 5,077,379 shares of the semiconductor company's stock valued at $86,011,000 after buying an additional 1,301,383 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in Vishay Intertechnology by 9.3% during 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 period. Hedge funds and other institutional investors own 93.66% 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.