Vishay Intertechnology, Inc.’s recent filing unveils that its ExecChairman & Chief Bus Dev ZANDMAN MARC unloaded Company’s shares for reported $0.6 million on Mar 04 ’24. In the deal valued at $22.83 per share,26,154 shares were sold. As a result of this transaction, ZANDMAN MARC now holds 73,678 shares worth roughly $1.58 million.
Then, ZANDMAN MARC sold 14,846 shares, generating $330,027 in total proceeds. Upon selling the shares at $22.23, the ExecChairman & Chief Bus Dev now owns 42,631 shares.
Before that, LUDOMIRSKI ABRAHAM sold 75,049 shares. Vishay Intertechnology, Inc. shares valued at $1,789,168 were divested by the Director at a price of $23.84 per share. As a result of the transaction, LUDOMIRSKI ABRAHAM now holds 61,313 shares, worth roughly $1.31 million.
Loop Capital upgraded its Vishay Intertechnology, Inc. [VSH] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid January from “a Neutral” to “an Underperform”. Stifel also remained covering VSH and has increased its forecast on October 07, 2020 with a “Buy” recommendation from previously “Hold” rating. BofA Securities revised its rating on August 05, 2020. It rated VSH as “a Neutral” which previously was an “an Underperform”.
Price Performance Review of VSH
On Monday, Vishay Intertechnology, Inc. [NYSE:VSH] saw its stock fall -0.93% to $21.42. Over the last five days, the stock has lost -2.72%. Vishay Intertechnology, Inc. shares have fallen nearly -10.64% since the year began. Nevertheless, the stocks have fallen -1.92% over the past one year. While a 52-week high of $30.10 was reached on 01/02/24, a 52-week low of $20.57 was recorded on 02/08/24. SMA at 50 days reached $22.13, while 200 days put it at $24.09. A total of 1.01 million shares were traded, compared to the trading of 1.08 million shares in the previous session.
Levels Of Support And Resistance For VSH Stock
The 24-hour chart illustrates a support level at 21.23, which if violated will result in even more drops to 21.04. On the upside, there is a resistance level at 21.73. A further resistance level may holdings at 22.04. The Relative Strength Index (RSI) on the 14-day chart is 42.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.86%. Stochastics %K at 14.39% indicates the stock is a buying.
The most recent change occurred on June 04, 2020 when Loop Capital began covering the stock and recommended ‘”a Hold”‘ rating along with a $17 price target.
