The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Vishay Intertechnology, Inc. shares valued at $597,096 were sold by ZANDMAN MARC on Mar 04 ’24. At $22.83 per share, ZANDMAN MARC sold 26,154 shares. The insider’s holdings dropped to 73,678 shares worth approximately $1.55 million following the completion of this transaction.
Also, ZANDMAN MARC sold 14,846 shares, netting a total of over 330,027 in proceeds. Following the sale of shares at $22.23 each, the insider now holds 42,631 shares.
Before that, LUDOMIRSKI ABRAHAM had sold 75,049 shares from its account. In a trade valued at $1,789,168, the Director traded Vishay Intertechnology, Inc. shares for $23.84 each. Upon closing the transaction, the insider’s holdings decreased to 75,049 shares, worth approximately $1.29 million.
As published in a research note from Loop Capital on April 06, 2021, Vishay Intertechnology, Inc. [VSH] has been rated up from a Hold to a Buy and the price target has been revised to $30. Analysts at BofA Securities downgraded the stock from ‘”a Neutral”‘ to ‘”an Underperform”‘ outlook in a report released in mid January. As of October 07, 2020, Stifel has increased its “Hold” rating to a “Buy” for VSH. Earlier on August 05, 2020, BofA Securities upgraded its rating. Their new recommendation was “a Neutral” for VSH stock which previously was a “an Underperform”.
Analyzing VSH Stock Performance
During the last five days, there has been a drop of approximately -4.27%. Over the course of the year, Vishay Intertechnology, Inc. shares have dropped approximately -12.06%. Shares of the company reached a 52-week high of $23.92 on 01/02/24 and a 52-week low of $20.93 on 02/08/24. A 50-day SMA is recorded $22.09, while a 200-day SMA reached $23.96. Nevertheless, trading volume fell to 0.88 million shares from 0.83 million shares the previous day.
Support And Resistance Levels for Vishay Intertechnology, Inc. (VSH)
According to the 24-hour chart, there is a support level at 20.94, which, if violated, would cause prices to drop to 20.81. In the upper region, resistance lies at 21.25. The next price resistance is at 21.42. RSI (Relative Strength Index) is 38.97 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.64, which suggests the price will decrease in the coming days. Percent R is at 94.62%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
