Key Points
- Andrew D'amico, a Vicor director, sold 2,000 shares on November 17 at an average price of $87.69 for $175,380, part of a string of recent insider sales that included a 14,677‑share sale on October 22 (~$1.21M).
- Vicor beat expectations in its latest quarter (EPS $0.63 vs. $0.20 expected; revenue $110.42M vs. $95.4M) and the stock trades near $89.73 with a one‑year range of $38.92–$101 and a market cap of about $4.01 billion.
- Analysts have a consensus Moderate Buy rating with a $90 average price target, while institutional ownership is roughly 47.5% and several funds increased their positions last quarter.
Vicor Corporation (NASDAQ:VICR - Get Free Report) Director Andrew D'amico sold 2,000 shares of the firm's stock in a transaction on Monday, November 17th. The shares were sold at an average price of $87.69, for a total transaction of $175,380.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Andrew D'amico also recently made the following trade(s):
- On Wednesday, November 12th, Andrew D'amico sold 1,908 shares of Vicor stock. The shares were sold at an average price of $99.13, for a total value of $189,140.04.
- On Friday, October 24th, Andrew D'amico sold 2,071 shares of Vicor stock. The stock was sold at an average price of $94.80, for a total value of $196,330.80.
- On Thursday, October 23rd, Andrew D'amico sold 565 shares of Vicor stock. The stock was sold at an average price of $90.00, for a total value of $50,850.00.
- On Wednesday, October 22nd, Andrew D'amico sold 14,677 shares of Vicor stock. The stock was sold at an average price of $82.53, for a total transaction of $1,211,292.81.
- On Tuesday, October 21st, Andrew D'amico sold 1,000 shares of Vicor stock. The stock was sold at an average price of $68.00, for a total transaction of $68,000.00.
Vicor Stock Performance
VICR traded up $4.66 during trading on Thursday, reaching $89.73. The stock had a trading volume of 58,863 shares, compared to its average volume of 334,938. The business has a 50-day moving average of $68.34 and a 200-day moving average of $53.85. Vicor Corporation has a one year low of $38.92 and a one year high of $101.00. The stock has a market cap of $4.01 billion, a PE ratio of 49.03 and a beta of 1.81.
Vicor (NASDAQ:VICR - Get Free Report) last issued its quarterly earnings results on Tuesday, October 21st. The electronics maker reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.43. Vicor had a net margin of 18.63% and a return on equity of 13.77%. The business had revenue of $110.42 million for the quarter, compared to analysts' expectations of $95.40 million. During the same period last year, the business earned $0.26 earnings per share. The business's quarterly revenue was up 18.5% on a year-over-year basis.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the stock. Jacobs Levy Equity Management Inc. grew its stake in shares of Vicor by 188.1% in the third quarter. Jacobs Levy Equity Management Inc. now owns 85,725 shares of the electronics maker's stock worth $4,262,000 after acquiring an additional 55,971 shares during the last quarter. Kestra Private Wealth Services LLC bought a new position in Vicor in the third quarter valued at about $375,000. Dark Forest Capital Management LP boosted its position in Vicor by 108.0% in the third quarter. Dark Forest Capital Management LP now owns 80,185 shares of the electronics maker's stock worth $3,987,000 after purchasing an additional 41,641 shares during the last quarter. Verition Fund Management LLC bought a new stake in shares of Vicor during the 3rd quarter valued at about $218,000. Finally, Qube Research & Technologies Ltd increased its position in shares of Vicor by 172.2% during the 3rd quarter. Qube Research & Technologies Ltd now owns 98,366 shares of the electronics maker's stock valued at $4,891,000 after purchasing an additional 62,233 shares during the last quarter. Hedge funds and other institutional investors own 47.45% of the company's stock.
Analyst Upgrades and Downgrades
VICR has been the topic of several recent research reports. Weiss Ratings restated a "hold (c)" rating on shares of Vicor in a research report on Wednesday, October 8th. Craig Hallum raised shares of Vicor from a "hold" rating to a "buy" rating and set a $90.00 price target on the stock in a report on Wednesday, October 22nd. Needham & Company LLC set a $90.00 target price on shares of Vicor and gave the stock a "buy" rating in a report on Wednesday, October 22nd. Finally, Wall Street Zen raised Vicor from a "buy" rating to a "strong-buy" rating in a research report on Saturday, November 15th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $90.00.
Check Out Our Latest Analysis on VICR
About Vicor
(
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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