Bel Fuse (NASDAQ:BELFB) was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report released on Saturday.

Shares of Bel Fuse (BELFB) traded up $0.25 during mid-day trading on Friday, reaching $24.80. 18,496 shares of the company’s stock traded hands, compared to its average volume of 27,326. The company has a current ratio of 2.66, a quick ratio of 1.59 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $297.19, a price-to-earnings ratio of 24.31 and a beta of 0.76. Bel Fuse has a one year low of $21.65 and a one year high of $33.45.

In related news, VP Dennis Ackerman sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $24.63, for a total value of $61,575.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Daniel Bernstein sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $24.61, for a total transaction of $73,830.00. The disclosure for this sale can be found here. 8.84% of the stock is currently owned by corporate insiders.

A number of large investors have recently modified their holdings of the stock. BNP Paribas Arbitrage SA raised its holdings in Bel Fuse by 75.8% during the third quarter. BNP Paribas Arbitrage SA now owns 4,934 shares of the electronics maker’s stock worth $154,000 after purchasing an additional 2,127 shares in the last quarter. Hancock Holding Co. acquired a new stake in Bel Fuse during the second quarter worth approximately $210,000. The Manufacturers Life Insurance Company raised its holdings in Bel Fuse by 16.8% during the second quarter. The Manufacturers Life Insurance Company now owns 8,865 shares of the electronics maker’s stock worth $219,000 after purchasing an additional 1,272 shares in the last quarter. Wells Fargo & Company MN raised its holdings in Bel Fuse by 70.5% during the third quarter. Wells Fargo & Company MN now owns 9,840 shares of the electronics maker’s stock worth $307,000 after purchasing an additional 4,070 shares in the last quarter. Finally, Great West Life Assurance Co. Can raised its holdings in Bel Fuse by 18.6% during the third quarter. Great West Life Assurance Co. Can now owns 12,746 shares of the electronics maker’s stock worth $405,000 after purchasing an additional 2,000 shares in the last quarter. 60.36% of the stock is currently owned by hedge funds and other institutional investors.

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About Bel Fuse

Bel Fuse Inc (Bel) designs, manufactures and markets a range of products that power, protect and connect electronic circuits. The Company’s products include magnetic solutions, power solutions and protection, and connectivity solutions. The Company’s operating segments are North America, Asia and Europe.

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