BlackRock Amends Vishay Stake to 9.3% as of Dec 31, 2023
Ticker: VSH · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 103730
| Field | Detail |
|---|---|
| Company | Vishay Intertechnology Inc (VSH) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investment, amendment, equity-stake
TL;DR
**BlackRock still owns 9.3% of Vishay as of year-end 2023, showing continued institutional interest.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 23, 2024, disclosing its ownership in Vishay Intertechnology Inc. As of December 31, 2023, BlackRock reported beneficial ownership of 13,017,144 shares of Vishay's Common Stock, representing 9.3% of the company. This is an update to their previous filing, indicating a change in their holding, which matters to investors as BlackRock is a major institutional investor and changes in their stake can signal their confidence in the company's future performance.
Why It Matters
This filing shows BlackRock, a major institutional investor, continues to hold a significant stake in Vishay Intertechnology, signaling their ongoing confidence in the company. Investors often watch large institutional holdings as an indicator of a stock's perceived value.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate significant risk to the company or its stock.
Analyst Insight
Investors should note BlackRock's continued significant, passive stake in Vishay, which suggests institutional confidence. While not a buy signal, it indicates a major player sees long-term value. Monitor future 13G/A filings for any substantial changes in their position.
Key Numbers
- 13,017,144 — Shares Owned (BlackRock's beneficial ownership of Vishay Common Stock)
- 9.3% — Ownership Percentage (BlackRock's stake in Vishay Intertechnology Inc.)
- 20240123 — Filing Date (Date the SC 13G/A was filed)
- 20231231 — Reporting Date (Date as of which the ownership was reported)
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Vishay Intertechnology Inc. (company) — the subject company whose shares are being reported
- 13,017,144 (dollar_amount) — number of shares beneficially owned by BlackRock
- 9.3% (dollar_amount) — percentage of Vishay's Common Stock beneficially owned by BlackRock
- December 31, 2023 (date) — the date of the event which required the filing
Forward-Looking Statements
- BlackRock will maintain a significant, passive stake in Vishay Intertechnology Inc. throughout 2024. (BlackRock Inc.) — high confidence, target: 2024-12-31
FAQ
What is the purpose of an SC 13G/A filing?
An SC 13G/A is an amendment to a Schedule 13G, which is filed by institutional investors like BlackRock to report beneficial ownership of 5% or more of a company's stock, indicating a passive investment intent. The '/A' signifies it's an amendment to a previously filed statement, updating the ownership information.
Who is the reporting person in this SC 13G/A filing?
The reporting person in this SC 13G/A filing is BlackRock, Inc., a major asset management firm, as stated in the 'FILED BY' section and on the cover page (1) 'Names of reporting persons. BlackRock, Inc.'.
What percentage of Vishay Intertechnology Inc.'s Common Stock does BlackRock Inc. beneficially own as of the reporting date?
As of December 31, 2023, BlackRock Inc. beneficially owns 9.3% of Vishay Intertechnology Inc.'s Common Stock, as indicated on the cover page (9) 'Aggregate amount beneficially owned by each reporting person. 13,017,144' and (13) 'Percent of class represented by amount in Row (9). 9.3%'.
What is the CUSIP number for Vishay Intertechnology Inc.'s Common Stock?
The CUSIP number for Vishay Intertechnology Inc.'s Common Stock is 928298108, as listed under 'CUSIP No. 928298108' on the cover page and in the filing details.
When was this amended Schedule 13G filed with the SEC?
This amended Schedule 13G/A was filed with the SEC on January 23, 2024, as indicated by the 'FILED AS OF DATE: 20240123' and 'ACCESSION NUMBER: 0001086364-24-001739' which includes the date.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 23, 2024 regarding VISHAY INTERTECHNOLOGY INC (VSH).