Bel Fuse Class B (BELFB)

• Market cap: $919M
• 1 day: -4.61%
• 5 days: -7.41%
• 1 month: -11.66%
• 3 months: -14.33%
• 6 months: 5.71%
• Year to date: -9.59%
• 1 year: 29.80%
• 5 years: 649.08%
• 10 years: 278.41%
• Sector: Information Technology
• Industry: Electronic Coils, Transformers & Other Inductors

About: Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.

Employees: 5,370

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 8 (+4) [Q4]

41% more call options, than puts

Call options by funds: $627K | Put options by funds: $445K

35% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 17

8% more capital invested

Capital invested by funds: $659M [Q3] → $714M (+$55.3M) [Q4]

2.56% more ownership

Funds ownership: 80.5% [Q3] → 83.06% (+2.56%) [Q4]

2% more funds holding

Funds holding: 163 [Q3] → 166 (+3) [Q4]

3% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 60

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $100 37% upside
• Avg. target: $103 40% upside
• High target: $105 43% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Needham James Ricchiuti 20% 1-year accuracy 24 / 118 met price target	37% upside $100	Buy Maintained	20 Feb 2025
Oppenheimer Christopher Glynn 38% 1-year accuracy 9 / 24 met price target	43% upside $105	Outperform Initiated	17 Dec 2024