Vicor Co. (NASDAQ:VICR - Get Free Report) VP Nancy L. Grava sold 1,277 shares of the firm's stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $33.91, for a total transaction of $43,303.07. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Vicor Trading Down 1.4 %
Shares of NASDAQ VICR opened at $33.50 on Tuesday. The stock has a market capitalization of $1.49 billion, a PE ratio of 33.50 and a beta of 1.53. Vicor Co. has a 12-month low of $30.90 and a 12-month high of $98.38. The stock's fifty day simple moving average is $36.15 and its two-hundred day simple moving average is $38.94.
Vicor (NASDAQ:VICR - Get Free Report) last posted its earnings results on Tuesday, April 23rd. The electronics maker reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.04). The company had revenue of $83.80 million during the quarter, compared to analysts' expectations of $84.83 million. Vicor had a net margin of 11.49% and a return on equity of 8.55%. Vicor's revenue for the quarter was down 14.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.25 EPS.
Institutional Inflows and Outflows
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Several large investors have recently modified their holdings of the company. Sapient Capital LLC acquired a new position in shares of Vicor during the fourth quarter worth $2,007,000. Charles Schwab Investment Management Inc. increased its position in Vicor by 3.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 172,385 shares of the electronics maker's stock valued at $10,152,000 after buying an additional 5,199 shares in the last quarter. Schonfeld Strategic Advisors LLC purchased a new stake in Vicor in the third quarter valued at about $760,000. Teachers Retirement System of The State of Kentucky boosted its holdings in Vicor by 12.1% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 22,264 shares of the electronics maker's stock worth $1,311,000 after acquiring an additional 2,400 shares in the last quarter. Finally, Aigen Investment Management LP purchased a new stake in shares of Vicor during the third quarter worth about $1,241,000. Institutional investors own 47.45% of the company's stock.
Analyst Ratings Changes
Several research analysts have commented on the company. Craig Hallum reduced their price objective on Vicor from $40.00 to $35.00 and set a "hold" rating on the stock in a report on Wednesday, April 24th. StockNews.com lowered Vicor from a "hold" rating to a "sell" rating in a research note on Sunday, April 28th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Vicor in a research note on Wednesday, April 24th.
Read Our Latest Stock Analysis on Vicor
Vicor Company Profile
(
Get Free Report)
Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters; complementary components provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as electrical and mechanical accessories.
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