Crispr Therapeutics shares tumble after significant earnings miss
Marc Zandman, Executive Chairman and Chief Business Development Officer at Vishay Intertechnology Inc . (NYSE:VSH), recently sold 27,176 shares of the company’s common stock. The shares were sold at a price of $16.88 each, resulting in a total transaction value of $458,730. Following this sale, Zandman retains ownership of 76,468 shares. The transaction comes as Vishay, with a market capitalization of $2.3 billion, maintains a 12-year streak of consistent dividend payments, currently yielding 2.36%. According to InvestingPro analysis, while the company faces near-term profitability challenges, analysts expect a return to profitability this year.
The transaction was conducted on March 4, 2025, as part of a pre-established Rule 10b5-1 trading plan. This plan allows insiders to set up a predetermined schedule for selling stocks, providing an opportunity to avoid potential accusations of insider trading. For deeper insights into insider trading patterns and comprehensive analysis, InvestingPro subscribers can access detailed research reports covering over 1,400 stocks, including VSH’s financial health score of FAIR and future growth projections.
In other recent news, Vishay Intertechnology has announced a dividend payment of $0.10 per share for both common and Class B common stock, scheduled for March 27, 2025. This decision follows the company’s commitment to maintaining shareholder value, with future dividends contingent on Board approval. Additionally, Vishay introduced the TSM3 series of multi-turn, surface-mount cermet trimmers, designed for harsh environments with a significant reduction in case size and an expanded operating temperature range. The company also expanded its AEC-Q200 qualified thin film MELF resistors, enhancing their precision and resistance range, particularly beneficial for automotive and telecom applications.
In executive news, Vishay has appointed Roy Shoshani as the Executive Vice President – Chief Operating Officer of Semiconductors and Chief Technical Officer, while Jeff Webster has departed from his role as Executive Vice President – Chief Operating Officer. Shoshani’s new role comes with an amended employment agreement and increased salary, effective retroactively from January 1, 2025. Meanwhile, Ziv Shoshani has resigned from the Board of Directors to focus on his responsibilities at Vishay Precision Group (NYSE:VPG). The company has also set the 2025 compensation for its top officers, with adjustments to cash bonuses for certain executives.
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