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WEST ORANGE, NJ—Kenneth Koon Keung Lai, the Vice President of Asia Operations at Bel Fuse (NASDAQ:BELFA) Inc. (NASDAQ:BELFB), has recently sold shares in the company. The transaction comes as InvestingPro data shows the stock trading near its 52-week high of $92.61, with a notable 10.87% gain in the past week. According to a filing with the Securities and Exchange Commission, Lai sold 4,000 shares of Class B Common Stock on June 13, 2025. The shares were sold at a weighted average price of $84.03, with the transactions taking place within a price range of $84.00 to $84.54. The total value of the stock sold amounted to $336,120. Following this sale, Lai holds 12,155 shares in the company. The $1.11 billion market cap company currently shows signs of being overbought, according to InvestingPro technical indicators, with analyst targets ranging from $88 to $113 per share. Get access to 8 more exclusive InvestingPro Tips and comprehensive analysis in the Pro Research Report.
In other recent news, Bel Fuse reported robust financial results for the first quarter of 2025, surpassing both earnings and revenue expectations. The company achieved an earnings per share of $1.35, which was well above the forecasted $1.06, and recorded revenue of $152.2 million, exceeding the anticipated $148.6 million. Notably, the Power Solutions segment experienced a significant 37.9% growth, while Magnetic Solutions increased by 36.1%. However, sales in the Connectivity Solutions segment declined by 6.5%. In terms of market strategy, Bel Fuse is continuing to focus on mergers and acquisitions, as demonstrated by its recent acquisition of Enercon, which is expected to enhance growth. Analysts from Baird have initiated coverage on Bel Fuse with an Outperform rating, citing the company’s strong operational foundation and growth potential. They also noted that the period of inventory de-stocking seems to have concluded, suggesting improvements in inventory management. Despite these positive developments, the company faces challenges from geopolitical tensions and tariffs, which could impact sales and margins.
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