As of April 25, 2023, Nisa Investment Advisors LLC has announced that it will significantly increase its stake in Vishay Intertechnology, Inc. to 1,134.1%. The institutional investor now owns a total of 150,386 shares in the semiconductor company worth $3,244,000 after he purchased an additional 138,200 shares in the fourth quarter of the previous year. With this significant increase in shares, Nisa Investment Advisors LLC appears to see Vishay Intertechnology’s future profitability potential.
However, Vishay Intertechnology’s recent earnings results reportedly fell short of analyst expectations. The semiconductor company released its latest report on February 8th of this year, reporting earnings per share of $0.69 for the quarter, compared to $0.09 per share, or the difference between forecast and reality. fell short of expectations by about 13%. Despite these disappointing numbers, Vishay Intertechnology continues to maintain a net profit margin of over 12% and a return on equity of approximately 24%.
Additionally, StockNews.com undertook coverage of Vishay Intertechnology on March 16 of this year and issued a “pending” rating for the stock. This rating appears to reflect some degree of uncertainty about the company’s performance in the foreseeable future.
In light of all these developments regarding the current status and growth prospects of Vishay Intertechnology, a long history of Investment decisions should be made carefully for this semiconductor company.
Institutional Investors Show Interest in Semiconductor Company Vishay Intertechnology
Malvern, Pennsylvania-based semiconductor company Vishay Intertechnology has recently seen a surge in interest from various hedge funds and institutional investors. This includes US Bancorp DE, which increased its stake by 51.3% in the first quarter of this year and purchased an additional 2,783 shares of his Vishay Intertechnology stock worth $161,000. Other notable investors include MetLife Investment Management LLC and Great West Life Assurance Company, both of which raised 40.6% and 9.6% stakes in Vishay Intertechnology respectively.
But one of the biggest moves came from Fairfield Bush & Co., which bought a new stake in Vishay Intertechnology worth about $35,000.
Institutional investors now own 84.64% of VSH’s total shares, highlighting the growing interest of major financial institutions in this tread industry.
Vishay Intertechnology’s current position on the NYSE is also impressive, with a market capitalization of $2.95 billion, and solid performance at its peak of $24.48, above last year’s low of $16.73.
But despite showing a vaunted positive growth rate in recent years, Vishay Intertechnology was only given a “pending” rating when StockNews.com took over the coverage earlier this year. Despite the disappointment, the board declared a quarterly dividend in March. This represents an annualized return of over 1%.
Chairman Mark Zandman also recently sold 23,834 shares at approximately $21.06 per share, generating additional gains. Despite this, company insiders still own approximately 8% of Vishay Intertechnology’s shares.
It will be interesting to see how these investments play out.Changes in the tech sector could be both profitable and sharp as many continue to see VSH as a stable choice. There are, however, holding stakes in suitable market players, which may prove to have long-term profitability potential.