Sentiment for Bel Fuse Inc (NASDAQ:BELFB)
Bel Fuse Inc (NASDAQ:BELFB) institutional sentiment decreased to 0.94 in Q2 2019. Its down -0.59, from 1.53 in 2019Q1. The ratio fall, as 33 institutional investors opened new or increased equity positions, while 35 reduced and sold stock positions in Bel Fuse Inc. The institutional investors in our partner’s database now own: 7.38 million shares, down from 7.51 million shares in 2019Q1. Also, the number of institutional investors holding Bel Fuse Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 11 Reduced: 24 Increased: 23 New Position: 10.
Bel Fuse Inc. designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, and consumer electronic industries worldwide. The company has market cap of $202.28 million. It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and telecom discrete components. It has a 127.44 P/E ratio. The firm also provides power solutions and protection products comprising front-end power supplies; board-mount power products; industrial power products; module products; and circuit protection products.
The stock increased 1.38% or $0.23 during the last trading session, reaching $16.95. About 84,529 shares traded or 47.53% up from the average. Bel Fuse Inc. (NASDAQ:BELFB) has declined 27.52% since December 4, 2018 and is downtrending. It has underperformed by 27.52% the S&P500.
Perritt Capital Management Inc holds 1.16% of its portfolio in Bel Fuse Inc. for 122,348 shares. Zpr Investment Management owns 18,090 shares or 0.63% of their US portfolio. Moreover, Thb Asset Management has 0.4% invested in the company for 147,667 shares. The Massachusetts-based Essex Investment Management Co Llc has invested 0.19% in the stock. River & Mercantile Asset Management Llp, a United Kingdom-based fund reported 80,943 shares.
Since January 1, 0001, it had 1 insider purchase, and 0 insider sales for $52,600 activity.
More notable recent Bel Fuse Inc. (NASDAQ:BELFB) news were published by: Globenewswire.com which released: “Bel Provides Fourth Quarter 2018 Update Nasdaq:BELFA – GlobeNewswire” on January 15, 2019, also Globenewswire.com with their article: “Bel Will Report Third Quarter 2018 Results on November 1, 2018 – GlobeNewswire” published on October 18, 2018, Globenewswire.com published: “Bel Will Participate in Spring Investor Summit 2019, April 1, 2019 – GlobeNewswire” on March 26, 2019. More interesting news about Bel Fuse Inc. (NASDAQ:BELFB) were released by: Finance.Yahoo.com and their article: “CUI Global Closes Sale Of Power Business To Bel Fuse For $32 Million – Yahoo Finance” published on December 03, 2019 as well as Fool.com‘s news article titled: “Bel Fuse Inc (BELFB) Q1 2019 Earnings Call Transcript – Motley Fool” with publication date: May 02, 2019.
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