Is Vishay Intertechnology (VSH) a Good Stock To Buy?

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Now, some big names have jumped into Vishay Intertechnology (NYSE:VSH) headfirst. Marshall Wace LLP, led by Paul Marshall and Ian Wace, created the most valuable position in Vishay Intertechnology (NYSE:VSH). Marshall Wace LLP had $0.4 million invested in the company at the end of the quarter. Gregory Fraser, Rudolph Kluiber, and Timothy Krochuk’s GRT Capital Partners also made a $0.1 million investment in the stock during the quarter. The only other fund with a new position in the stock is Matthew Hulsizer’s PEAK6 Capital Management.

Let’s also examine hedge fund activity in other stocks – not necessarily in the same industry as Vishay Intertechnology (NYSE:VSH) but similarly valued. We will take a look at Intersil Corp (NASDAQ:ISIL), Penumbra Inc (NYSE:PEN), Office Depot Inc (NYSE:ODP), and Esterline Technologies Corporation (NYSE:ESL). This group of stocks’ market caps are similar to VSH’s market cap.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
ISIL 30 318563 16
PEN 17 158341 4
ODP 34 284342 -13
ESL 18 377920 8

As you can see these stocks had an average of 25 investors with bullish positions and the average amount invested in these stocks was $285 million. That figure was $272 million in VSH’s case. Office Depot Inc (NYSE:ODP) is the most popular stock in this table, while Penumbra Inc (NYSE:PEN) is the least popular one with only 17 investors holding shares. Compared to these stocks Vishay Intertechnology (NYSE:VSH) is even less popular than Penumbra Inc (NYSE:PEN). Considering that hedge funds aren’t fond of this stock in relation to other companies analyzed in this article, it may be a good idea to analyze it in detail and understand why the smart money isn’t behind this stock. This isn’t necessarily bad news. Although it is possible that hedge funds may think the stock is overpriced and view the stock as a short candidate, they may not be very familiar with the bullish thesis. In either case more research is warranted.

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