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Stock impact report

Bel Fuse Inc. (BELFA): A Bull Case Theory [Yahoo! Finance]

Bel Fuse Inc. - Class A (BELFA) 
US:NASDAQ Investor Relations: ir.belfuse.com/investor-relations
Company Research Source: Yahoo! Finance
Bel Fuse Inc.'s share was trading at $192.34 as of January 27th. BELFA's trailing and forward P/E were 38.94 and 28.09 respectively according to Yahoo Finance. Bel Fuse Inc. designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. BELFA presents a compelling share class arbitrage opportunity due to the disparity between its two share classes. The company has BELFA shares, which carry voting rights, and BELFB shares, which do not, but are entitled to at least a 5% higher dividend to compensate for the lack of voting power. Historically, the two share classes have traded close to parity, with BELFA occasionally commanding a premium, reaching an all-time high of 142% over BELFB in 2022 and an all-time low of 72% in 2018. Currently, BELFA shares trade at 91% of BELFB shares, and the dividend yield on BELFA is at a historic low, highlighting the unusual mispricing. Large institutional holders, including Gabelli Funds, are actively pushing Show less Read more
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