Clark Estates Incny Lowers stake in Vishay Intertechnology (VSH)

Vishay Intertechnology (VSH) : Clark Estates Incny reduced its stake in Vishay Intertechnology by 46.52% during the most recent quarter end. The investment management company now holds a total of 454,588 shares of Vishay Intertechnology which is valued at $5,946,011 after selling 395,412 shares in Vishay Intertechnology , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Vishay Intertechnology makes up approximately 1.12% of Clark Estates Incny’s portfolio.

Other Hedge Funds, Including , Quadrant Capital Group added VSH to its portfolio by purchasing 95 company shares during the most recent quarter which is valued at $1,266. Boston Advisors added VSH to its portfolio by purchasing 351,985 company shares during the most recent quarter which is valued at $4,691,960. Vishay Intertechnology makes up approx 0.11% of Boston Advisors’s portfolio.

Vishay Intertechnology opened for trading at $13.1 and hit $13.27 on the upside on Thursday, eventually ending the session at $13.1, with a gain of 0.15% or 0.02 points. The heightened volatility saw the trading volume jump to 6,45,877 shares. Company has a market cap of $1,935 M.

On the company’s financial health, Vishay Intertechnology reported $0.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.22. The company had revenue of $590.05 million for the quarter, compared to analysts expectations of $586.45 million. The company’s revenue was down -.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.20 EPS.

Vishay Intertechnology Inc. is a global manufacturer and supplier of discrete semiconductors and passive components. The Company supports the microprocessor chips and other integrated circuits (ICs) that coordinate and control the functions of electronic devices and equipment. The Company offers its customers access to electronic component product lines of any manufacturer in the United States Europe and Asia. The Company’s products are of two classes: semiconductors and passive components. The Company’s semiconductors include MOSFETs diodes and optoelectronic components which operate in both the commodity and non-commodity markets. Its passive components include resistors capacitors and magnetics such as inductors and transformers. The Company operates through five product segments: MOSFETs Diodes Optoelectronic Components Resistors & Inductors and Capacitors.

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