Key Points
- Vicor VP Alex Gusinov sold 1,571 shares on November 21 at an average price of $86.05 for $135,184.55, reducing his position by 9.97% to 14,184 shares valued at about $1.22 million.
- Vicor reported a strong quarter (announced Oct. 21) with EPS of $0.63 versus a $0.20 consensus and revenue of $110.42M versus $95.4M, marking an 18.5% year‑over‑year revenue increase.
- The stock is up ~3.9%, with a market cap around $3.91B and a P/E of 47.9; analysts assign a consensus rating of Moderate Buy with a $90 target.
Vicor Corporation (NASDAQ:VICR - Get Free Report) VP Alex Gusinov sold 1,571 shares of the firm's stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $86.05, for a total transaction of $135,184.55. Following the completion of the transaction, the vice president owned 14,184 shares in the company, valued at $1,220,533.20. This represents a 9.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Alex Gusinov also recently made the following trade(s):
- On Tuesday, October 28th, Alex Gusinov sold 4,019 shares of Vicor stock. The stock was sold at an average price of $89.75, for a total value of $360,705.25.
Vicor Stock Up 3.9%
NASDAQ:VICR opened at $87.66 on Tuesday. The firm's fifty day simple moving average is $70.37 and its 200 day simple moving average is $54.87. The stock has a market cap of $3.91 billion, a P/E ratio of 47.90 and a beta of 1.81. Vicor Corporation has a twelve month low of $38.92 and a twelve month high of $101.00.
Vicor (NASDAQ:VICR - Get Free Report) last announced its earnings results on Tuesday, October 21st. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.43. The firm had revenue of $110.42 million during the quarter, compared to analyst estimates of $95.40 million. Vicor had a return on equity of 13.77% and a net margin of 18.63%.The business's revenue was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.26 EPS.
Institutional Trading of Vicor
Large investors have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC purchased a new stake in Vicor during the 1st quarter valued at $1,160,000. Nuveen LLC bought a new position in Vicor during the first quarter valued at $8,024,000. Jacobs Levy Equity Management Inc. raised its stake in shares of Vicor by 19.8% in the first quarter. Jacobs Levy Equity Management Inc. now owns 32,706 shares of the electronics maker's stock valued at $1,530,000 after acquiring an additional 5,408 shares during the period. Colrain Capital LLC lifted its holdings in shares of Vicor by 14.5% in the 2nd quarter. Colrain Capital LLC now owns 230,200 shares of the electronics maker's stock worth $10,442,000 after acquiring an additional 29,200 shares during the last quarter. Finally, Prescott Group Capital Management L.L.C. grew its holdings in Vicor by 5.9% during the 2nd quarter. Prescott Group Capital Management L.L.C. now owns 101,096 shares of the electronics maker's stock valued at $4,586,000 after purchasing an additional 5,590 shares during the last quarter. Institutional investors own 47.45% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on VICR. Needham & Company LLC set a $90.00 price objective on shares of Vicor and gave the company a "buy" rating in a research report on Wednesday, October 22nd. Craig Hallum raised Vicor from a "hold" rating to a "buy" rating and set a $90.00 price objective for the company in a report on Wednesday, October 22nd. Weiss Ratings reissued a "hold (c)" rating on shares of Vicor in a report on Wednesday, October 8th. Finally, Wall Street Zen downgraded Vicor from a "strong-buy" rating to a "buy" rating in a research note on Sunday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Vicor has an average rating of "Moderate Buy" and a consensus target price of $90.00.
Check Out Our Latest Stock Report 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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