<div id="readability-page-1"><p>Sierra Summit Advisors LLC bought a new position in shares of  Bel Fuse Inc. (NASDAQ:BELFB - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor  bought 9,274 shares of the electronics maker's stock, valued at approximately $906,000. Sierra Summit Advisors LLC owned 0.07% of Bel Fuse at the end of the most recent quarter.</p><p>Several other institutional investors and hedge funds have also bought and sold shares of BELFB. Rhumbline Advisers boosted its stake in  Bel Fuse by 2.5% during the second quarter. Rhumbline Advisers now owns 15,972 shares of the electronics maker's stock valued at $1,560,000 after buying an additional 383 shares during the period.  Franklin Resources Inc. boosted its position in shares of  Bel Fuse by 13.4% during the 2nd quarter. Franklin Resources Inc. now owns 17,183 shares of the electronics maker's stock valued at $1,679,000 after acquiring an additional 2,037 shares during the last quarter.  JPMorgan Chase &amp; Co. grew its holdings in shares of  Bel Fuse by 1.2% during the second quarter. JPMorgan Chase &amp; Co. now owns 9,939 shares of the electronics maker's stock worth $971,000 after purchasing an additional 116 shares in the last quarter.  SG Capital Management LLC bought a new position in shares of  Bel Fuse in the second quarter worth approximately $2,074,000.  Finally, Creative Planning raised its stake in  Bel Fuse by 4.8% in the second quarter. Creative Planning now owns 11,267 shares of the electronics maker's stock valued at $1,101,000 after purchasing an additional 513 shares in the last quarter. 58.39% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Bel Fuse Price Performance</h2><p>Shares of Bel Fuse stock opened at $140.95 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.05 and a quick ratio of 1.72. The business's 50 day simple moving average is $147.86 and its two-hundred day simple moving average is $120.15. The stock has a market capitalization of $1.78 billion, a P/E ratio of 27.11, a price-to-earnings-growth ratio of 1.86 and a beta of 1.59. Bel Fuse Inc. has a one year low of $57.99 and a one year high of $167.04. </p><h2>Bel Fuse Announces Dividend</h2><p>The company 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 dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Thursday, January 15th. Bel Fuse's dividend payout ratio  is currently 5.38%. </p><h2>Wall Street Analysts Forecast Growth</h2><p>BELFB has been the subject of a number of research reports. Oppenheimer  set a $180.00 price target on shares of Bel Fuse and gave the stock an &#34;outperform&#34; rating in a research note on Friday, October 31st. Wall Street Zen upgraded shares of Bel Fuse from a &#34;buy&#34; rating to a &#34;strong-buy&#34; rating in a research report on Saturday, November 1st. Needham &amp; Company LLC raised their price target on Bel Fuse from $130.00 to $168.00 and gave the company a &#34;buy&#34; rating in a research report on Thursday, October 30th. Weiss Ratings  reaffirmed a &#34;buy (b-)&#34; rating on shares of Bel Fuse in a research note on Wednesday, October 8th. Finally, Northland Securities  set a $188.00 price objective on Bel Fuse in a report on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating and six have assigned  a Buy rating to the company's stock. According to MarketBeat.com, Bel Fuse  has an average rating of &#34;Buy&#34; and a consensus price target of $164.20.</p><p><b>Check Out Our Latest Analysis on Bel Fuse</b></p><h2>Insider Buying and Selling at Bel Fuse</h2><p>In other Bel Fuse news, VP Joseph Berry sold 408 shares of the firm's stock in a transaction on Monday, November 17th. The shares were sold at an average price of $144.23, for a total value of $58,845.84. Following the sale, the vice president owned 17,893 shares of the company's stock, valued at $2,580,707.39. This trade represents a 2.23% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, VP Kenneth Koon Keung Lai sold 564 shares of the stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $141.96, for a total transaction of $80,065.44. Following the sale, the vice president owned 7,755 shares of the company's stock, valued at approximately $1,100,899.80. This represents a 6.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,027 shares of company stock valued at $435,034 in the last three months. 5.37% of the stock is currently owned by corporate insiders. </p><h2>Bel Fuse Company Profile</h2> (Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Bel Fuse</li><li>What is MarketRank™? How to Use it</li><li>Red Cups or Red Flags: Starbucks’ Bet on a Holiday Recovery</li><li>Top Biotech Stocks: Exploring Innovation Opportunities</li><li>MP Materials Stock Soared After Earnings—Here’s the Real Reason</li><li>Stock Average Calculator      </li><li>Why Palantir Slide May Be a Setup for a Long-Term Opportunity</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QkVMRkI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QkVMRkI"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Bel Fuse Right Now?</h2><p>Before you consider Bel Fuse, you'll want to hear this.</p><p>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.</p><p>While Bel Fuse currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BELFA

<p>Sierra Summit Advisors LLC invested $906,000 in Bel Fuse Inc. by purchasing 9,274 shares during the second quarter. Other institutional investors also increased their stakes in the company. Bel Fuse's stock performance shows a market cap of $1.78 billion and a P/E ratio of 27.11. The company announced a quarterly dividend and has received positive ratings from analysts, with a consensus price target of $164.20. Recent insider trading includes sales by VP Joseph Berry and VP Kenneth Koon Keung Lai.</p>

Sierra Summit Advisors LLC Invests $906,000 in Bel Fuse Inc. $BELFB