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

Bel Fuse Inc. VP Joseph Berry sold 119 shares of the company's stock at $141.96 each, totaling $16,893.24. This sale reduced his holdings by 0.67%, leaving him with 17,774 shares valued at $2,523,197.04. The transaction was disclosed in an SEC filing. Bel Fuse's stock performance and financial metrics, including a recent earnings beat and dividend announcement, were also highlighted. Institutional investors have adjusted their positions in the company, and analysts have given the stock a consensus 'Buy' rating with a target price of $115.

Bel Fuse Inc. (NASDAQ:BELFA - Get Free Report) VP Joseph Berry sold 119 shares of the firm's stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $141.96, for a total value of $16,893.24. Following the completion of the sale, the vice president owned 17,774 shares of the company's stock, valued at $2,523,197.04. This represents a 0.67% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 stock was sold at an average price of $144.23, for a total value of $58,845.84.

Bel Fuse Price Performance

Shares of BELFA stock traded up $2.89 during mid-day trading on Wednesday, reaching $122.40. The company's stock had a trading volume of 75,951 shares, compared to its average volume of 9,265. The firm's 50-day moving average is $124.85 and its two-hundred day moving average is $103.14. The company has a market cap of $1.55 billion, a P/E ratio of 24.83 and a beta of 1.25. Bel Fuse Inc. has a 1-year low of $53.95 and a 1-year high of $142.70. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.72 and a current ratio of 3.05.

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

Bel Fuse Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, January 15th. Bel Fuse's payout ratio is currently 4.87%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Investors Asset Management of Georgia Inc. GA ADV grew its holdings in shares of Bel Fuse by 0.4% during the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 26,151 shares of the scientific and technical instruments company's stock worth $3,043,000 after buying an additional 100 shares in the last quarter. Rhumbline Advisers lifted its stake in Bel Fuse by 3.9% in the 3rd quarter. Rhumbline Advisers now owns 3,196 shares of the scientific and technical instruments company's stock valued at $372,000 after acquiring an additional 121 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Bel Fuse by 6.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,351 shares of the scientific and technical instruments company's stock worth $274,000 after acquiring an additional 150 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of 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 worth $37,000 after acquiring an additional 153 shares in the last quarter. Finally, Gabelli Funds LLC grew its stake in shares of Bel Fuse by 0.3% during the 2nd quarter. Gabelli Funds LLC now owns 67,400 shares of the scientific and technical instruments company's stock worth $6,056,000 after acquiring an additional 200 shares in the last quarter. Institutional investors own 6.01% of the company's stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a "hold (c)" rating on shares of Bel Fuse in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $115.00.

Read Our Latest Stock Analysis on Bel Fuse

Bel Fuse Company Profile

(Get Free Report)

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.

Should You Invest $1,000 in Bel Fuse Right Now?

Before you consider Bel Fuse, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bel Fuse wasn't on the list.

While Bel Fuse currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here