Joseph Berry Sells 119 Shares of Bel Fuse (NASDAQ:BELFA) Stock

Bel Fuse Inc. (NASDAQ:BELFA) VP Joseph Berry sold 119 shares of Bel Fuse stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $141.96, for a total transaction of $16,893.24. Following the completion of the transaction, the vice president directly owned 17,774 shares of the company’s stock, valued at approximately $2,523,197.04. This trade represents a 0.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Joseph Berry also recently made the following trade(s):

• On Monday, November 17th, Joseph Berry sold 408 shares of Bel Fuse stock. The shares were sold at an average price of $144.23, for a total value of $58,845.84.

Bel Fuse Stock Performance

Shares of NASDAQ BELFA traded up $2.89 during midday trading on Wednesday, hitting $122.40. 75,951 shares of the company’s stock were exchanged, compared to its average volume of 9,265. The company has a quick ratio of 1.72, a current ratio of 3.05 and a debt-to-equity ratio of 0.63. Bel Fuse Inc. has a 12 month low of $53.95 and a 12 month high of $142.70. The company’s 50 day moving average price is $124.85 and its 200 day moving average price is $103.14. The firm has a market capitalization of $1.55 billion, a PE ratio of 24.83 and a beta of 1.25.

Bel Fuse (NASDAQ:BELFA) last released its quarterly earnings results on Wednesday, October 29th. The scientific and technical instruments company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.59. Bel Fuse had a return on equity of 21.84% and a net margin of 10.04%.The business had revenue of $178.98 million during the quarter, compared to analysts’ expectations of $171.69 million. Bel Fuse has set its Q4 2025 guidance at EPS.

Bel Fuse Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a $0.24 annualized dividend and a yield of 0.2%. Bel Fuse’s payout ratio is presently 4.87%.

Institutional Investors Weigh In On Bel Fuse

A number of institutional investors and hedge funds have recently made changes to their positions in BELFA. BNP Paribas Financial Markets boosted its stake in Bel Fuse by 92.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 319 shares of the scientific and technical instruments company’s stock valued at $37,000 after purchasing an additional 153 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Bel Fuse in the second quarter worth approximately $51,000. Tower Research Capital LLC TRC lifted its holdings in shares of Bel Fuse by 447.1% in the second quarter. Tower Research Capital LLC TRC now owns 744 shares of the scientific and technical instruments company’s stock valued at $67,000 after purchasing an additional 608 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Bel Fuse by 6.8% in the third quarter. JPMorgan Chase & Co. now owns 2,351 shares of the scientific and technical instruments company’s stock valued at $274,000 after purchasing an additional 150 shares in the last quarter. Finally, Qube Research & Technologies Ltd purchased a new position in shares of Bel Fuse during the third quarter valued at approximately $286,000. Institutional investors and hedge funds own 6.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Bel Fuse in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $115.00.

About Bel Fuse

Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.