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

Due to the fact that Vishay Intertechnology (NYSE:VSH) has experienced a declination in interest from the aggregate hedge fund industry, it’s easy to see that there lies a certain “tier” of funds that elected to cut their full holdings in the third quarter. Intriguingly, Matthew Tewksbury’s Stevens Capital Management dropped the largest stake of the 700 funds watched by Insider Monkey, totaling close to $1.2 million in stock. Chao Ku’s fund, Nine Chapters Capital Management, also cut its stock, about $0.7 million worth. These transactions are important to note, as total hedge fund interest fell by 2 funds in the third quarter.

Let’s now review hedge fund activity in other stocks – not necessarily in the same industry as Vishay Intertechnology (NYSE:VSH) but similarly valued. These stocks are Huron Consulting Group (NASDAQ:HURN), Pattern Energy Group Inc (NASDAQ:PEGI), Ladder Capital Corp (NYSE:LADR), and Houlihan Lokey Inc (NYSE:HLI). This group of stocks’ market valuations match VSH’s market valuation.

As you can see these stocks had an average of 13.75 hedge funds with bullish positions and the average amount invested in these stocks was $98 million. That figure was $254 million in VSH’s case. Huron Consulting Group (NASDAQ:HURN) is the most popular stock in this table. On the other hand Pattern Energy Group Inc (NASDAQ:PEGI) is the least popular one with only 13 bullish hedge fund positions. Compared to these stocks Vishay Intertechnology (NYSE:VSH) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio.