Bel Fuse (NASDAQ:BELFA) Shares Gap Down – Here’s Why
by Scott Moore · The Cerbat GemBel Fuse Inc. (NASDAQ:BELFA – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $155.40, but opened at $149.98. Bel Fuse shares last traded at $152.1250, with a volume of 4,822 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Bel Fuse in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Bel Fuse has a consensus rating of “Buy” and a consensus price target of $115.00.
Get Our Latest Research Report on BELFA
Bel Fuse Trading Down 4.3%
The stock’s fifty day simple moving average is $129.87 and its 200-day simple moving average is $110.54. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.06 and a quick ratio of 1.75. The firm has a market cap of $1.88 billion, a PE ratio of 30.23 and a beta of 1.21.
Bel Fuse (NASDAQ:BELFA – Get Free Report) last issued its earnings results on Wednesday, October 29th. The scientific and technical instruments company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $0.59. The company had revenue of $178.98 million during the quarter, compared to analyst estimates of $171.69 million. Bel Fuse had a return on equity of 21.18% and a net margin of 10.04%.
Bel Fuse Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be given a $0.06 dividend. The ex-dividend date is Thursday, January 15th. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. Bel Fuse’s dividend payout ratio is currently 4.87%.
Insider Activity at Bel Fuse
In other Bel Fuse news, VP Kenneth Koon Keung Lai sold 1,936 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $144.23, for a total transaction of $279,229.28. Following the completion of the transaction, the vice president directly owned 8,319 shares of the company’s stock, valued at approximately $1,199,849.37. This trade represents a 18.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Joseph Berry sold 408 shares of Bel Fuse stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $144.23, for a total transaction of $58,845.84. Following the sale, the vice president owned 17,893 shares of the company’s stock, valued at approximately $2,580,707.39. The trade was a 2.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 3,027 shares of company stock worth $435,034. 5.46% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Bel Fuse
A number of large investors have recently bought and sold shares of BELFA. BNP Paribas Financial Markets boosted its stake in shares of Bel Fuse by 92.2% in the third quarter. BNP Paribas Financial Markets now owns 319 shares of the scientific and technical instruments company’s stock worth $37,000 after acquiring an additional 153 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Bel Fuse during the second quarter worth $51,000. Tower Research Capital LLC TRC grew its holdings in shares of Bel Fuse by 447.1% during the second quarter. Tower Research Capital LLC TRC now owns 744 shares of the scientific and technical instruments company’s stock worth $67,000 after buying an additional 608 shares in the last quarter. JPMorgan Chase & Co. raised its position 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 buying an additional 150 shares during the last quarter. Finally, Qube Research & Technologies Ltd purchased a new position in shares of Bel Fuse in the third quarter worth about $286,000. Institutional investors and hedge funds own 6.01% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Bel Fuse
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Chewy Stock Just Flashed a Major Buy Signal for 2026
- Expert Stock Trading Psychology Tips
- Broadcom Slips Post-Earnings Even as AI Demand Goes Parabolic
- What is the S&P/TSX Index?
- Qualcomm Just Got Called an AI Loser—So Why Is It Rallying?