Granahan Investment Management LLC Sells 21,602 Shares of Bel Fuse Inc. $BELFB

16 Mar 2026, 10:40 by Mitch Edgeman · The Markets Daily

Granahan Investment Management LLC lowered its stake in shares of Bel Fuse Inc. (NASDAQ:BELFB – Free Report) by 19.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,310 shares of the electronics maker’s stock after selling 21,602 shares during the period. Granahan Investment Management LLC’s holdings in Bel Fuse were worth $12,312,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of BELFB. Jones Financial Companies Lllp lifted its stake in Bel Fuse by 139.8% in the third quarter. Jones Financial Companies Lllp now owns 259 shares of the electronics maker’s stock valued at $37,000 after purchasing an additional 151 shares during the last quarter. Federated Hermes Inc. grew its holdings in Bel Fuse by 52.5% during the third quarter. Federated Hermes Inc. now owns 334 shares of the electronics maker’s stock valued at $47,000 after purchasing an additional 115 shares during the period. State of Alaska Department of Revenue purchased a new stake in Bel Fuse in the third quarter worth $78,000. BNP Paribas Financial Markets increased its position in Bel Fuse by 60.0% in the second quarter. BNP Paribas Financial Markets now owns 1,000 shares of the electronics maker’s stock worth $98,000 after buying an additional 375 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its stake in shares of Bel Fuse by 437.8% in the second quarter. Tower Research Capital LLC TRC now owns 1,038 shares of the electronics maker’s stock valued at $101,000 after buying an additional 845 shares during the period. Institutional investors own 58.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BELFB. Wall Street Zen downgraded Bel Fuse from a “buy” rating to a “hold” rating in a research note on Monday. Weiss Ratings cut Bel Fuse from a “buy (b-)” rating to a “hold (c)” rating in a research note on Wednesday, February 25th. Needham & Company LLC upped their price objective on shares of Bel Fuse from $212.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Northland Securities set a $266.00 target price on shares of Bel Fuse in a research report on Thursday, February 19th. Finally, Zacks Research downgraded shares of Bel Fuse from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 2nd. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Bel Fuse currently has a consensus rating of “Moderate Buy” and an average price target of $196.20.

View Our Latest Stock Report on BELFB

Insider Transactions at Bel Fuse

In other Bel Fuse news, CEO Farouq Salem Ali Tuweiq sold 33,967 shares of Bel Fuse stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $234.00, for a total transaction of $7,948,278.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Peter E. Gilbert sold 4,500 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $238.75, for a total value of $1,074,375.00. Following the sale, the director owned 15,047 shares in the company, valued at approximately $3,592,471.25. This represents a 23.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 5.37% of the company’s stock.

Bel Fuse Trading Up 1.3%

NASDAQ:BELFB opened at $197.65 on Monday. Bel Fuse Inc. has a 1 year low of $57.99 and a 1 year high of $248.61. The stock’s fifty day moving average price is $210.06 and its two-hundred day moving average price is $173.21. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.02 and a quick ratio of 1.71. The company has a market cap of $2.50 billion, a P/E ratio of 40.25, a P/E/G ratio of 2.01 and a beta of 1.51.

Bel Fuse Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Wednesday, April 15th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $0.28 dividend on an annualized basis and a yield of 0.1%. Bel Fuse’s dividend payout ratio is 5.70%.

Bel Fuse Company Profile

(Free Report)

Bel Fuse Inc is a global manufacturer of electronic components that bridge power, data and video applications. The company offers a comprehensive portfolio of products, including board-level circuit protection devices such as fuses, positive temperature coefficient (PTC) resistors and inductors; power transformers, modules and supplies; as well as connectivity solutions encompassing USB, HDMI, RJ45, coaxial and fiber-optic connectors. These products serve a wide array of end markets, including telecommunications, data communications, consumer electronics, industrial automation, automotive and renewable energy.