Legato Capital Management LLC Acquires 32,289 Shares of Vishay Intertechnology, Inc. (NYSE:VSH)

Legato Capital Management LLC raised its holdings in Vishay Intertechnology, Inc. (NYSE:VSH) by 77.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 73,854 shares of the semiconductor company’s stock after purchasing an additional 32,289 shares during the quarter. Legato Capital Management LLC’s holdings in Vishay Intertechnology were worth $1,251,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. lifted its holdings in Vishay Intertechnology by 275.9% during the 4th quarter. Blue Trust Inc. now owns 2,710 shares of the semiconductor company’s stock valued at $46,000 after purchasing an additional 1,989 shares during the last quarter. DekaBank Deutsche Girozentrale bought a new position in shares of Vishay Intertechnology in the third quarter valued at about $101,000. Eastern Bank acquired a new stake in shares of Vishay Intertechnology during the 3rd quarter worth about $113,000. Matrix Trust Co grew its stake in Vishay Intertechnology by 660.1% in the 4th quarter. Matrix Trust Co now owns 10,018 shares of the semiconductor company’s stock valued at $170,000 after buying an additional 8,700 shares during the last quarter. Finally, Coldstream Capital Management Inc. acquired a new position in Vishay Intertechnology in the 3rd quarter valued at about $196,000. 93.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. started coverage on Vishay Intertechnology in a report on Monday, December 16th. They set a “neutral” rating and a $19.00 price objective for the company. StockNews.com downgraded Vishay Intertechnology from a “hold” rating to a “sell” rating in a research note on Thursday.

Vishay Intertechnology Trading Up 1.5 %

NYSE VSH opened at $17.26 on Thursday. The firm has a 50-day moving average price of $17.11 and a two-hundred day moving average price of $18.14. Vishay Intertechnology, Inc. has a 12-month low of $14.95 and a 12-month high of $24.68. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.70 and a quick ratio of 1.85.

Insider Activity

In other news, Chairman Marc Zandman sold 20,359 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $16.71, for a total transaction of $340,198.89. Following the sale, the chairman now directly owns 32,957 shares of the company’s stock, valued at approximately $550,711.47. This represents a 38.19 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 8.14% of the stock is owned by company insiders.

Vishay Intertechnology 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.