Key Points
- Patrizio Vinciarelli, Vicor's CEO, sold 20,000 shares on December 19 at an average price of $103.02 for about $2.06M, leaving him with 9,808,363 shares (a 0.20% reduction in his position).
- The December 19 sale follows other recent insider disposals (10,000 shares on Nov. 12; 5,724 on Dec. 10; 6,176 on Dec. 11), suggesting continued insider liquidity-taking over the past month.
- Vicor shares are up 6.3% and trading near a 12-month high (~$111–$112); the company beat Q3 estimates with $0.63 EPS and revenue of $110.4M (up 18.5% YoY), while analysts maintain a consensus "Moderate Buy" and a $98.33 target, with a market cap around $4.96B.
Vicor Corporation (NASDAQ:VICR - Get Free Report) Director Andrew D'amico sold 754 shares of the business's stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $104.00, for a total value of $78,416.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Andrew D'amico also recently made the following trade(s):
- On Monday, November 17th, Andrew D'amico sold 2,000 shares of Vicor stock. The shares were sold at an average price of $87.69, for a total transaction of $175,380.00.
- On Wednesday, November 12th, Andrew D'amico sold 1,908 shares of Vicor stock. The stock was sold at an average price of $99.13, for a total transaction 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 transaction of $196,330.80.
- On Thursday, October 23rd, Andrew D'amico sold 565 shares of Vicor stock. The shares were sold at an average price of $90.00, for a total transaction 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 Price Performance
Shares of VICR opened at $111.02 on Tuesday. The company's fifty day moving average price is $88.32 and its 200-day moving average price is $62.33. Vicor Corporation has a 1-year low of $38.92 and a 1-year high of $112.31. The firm has a market capitalization of $4.96 billion, a PE ratio of 60.67 and a beta of 1.94.
Vicor (NASDAQ:VICR - Get Free Report) last issued its earnings results on Tuesday, October 21st. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.43. The company 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 firm's quarterly revenue was up 18.5% on a year-over-year basis. During the same quarter last year, the business posted $0.26 EPS.
Analyst Upgrades and Downgrades
VICR has been the topic of a number of recent research reports. Weiss Ratings reiterated 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 for the company in a research report on Wednesday, October 22nd. Needham & Company LLC set a $90.00 price objective on shares of Vicor and gave the company a "buy" rating in a report on Wednesday, October 22nd. Wall Street Zen lowered shares of Vicor from a "strong-buy" rating to a "buy" rating in a research note on Sunday, November 23rd. Finally, Zacks Research raised shares of Vicor to a "hold" rating in a report on Tuesday, December 16th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Vicor presently has a consensus rating of "Moderate Buy" and an average target price of $98.33.
View Our Latest Stock Analysis on Vicor
Institutional Investors Weigh In On Vicor
A number of hedge funds and other institutional investors have recently made changes to their positions in VICR. Edgestream Partners L.P. acquired a new stake in Vicor in the second quarter valued at approximately $1,559,000. Cubist Systematic Strategies LLC acquired a new position in shares of Vicor during the 1st quarter worth approximately $1,160,000. Nuveen LLC purchased a new position in shares of Vicor during the 1st quarter valued at approximately $8,024,000. Jacobs Levy Equity Management Inc. lifted its position in shares of Vicor by 19.8% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 32,706 shares of the electronics maker's stock valued at $1,530,000 after buying an additional 5,408 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in Vicor in the 2nd quarter valued at $797,000. Institutional investors and hedge funds own 47.45% of the company's stock.
About Vicor
(
Get Free Report)
Vicor Corporation is a designer and manufacturer of modular power components and systems, serving a wide range of industries that demand high performance and efficiency. Headquartered in Andover, Massachusetts, the company develops power conversion solutions that help customers optimize energy delivery in applications from telecommunications and data centers to industrial and automotive systems.
The company's product portfolio includes high-density DC-DC converters, AC-DC front-end modules, point-of-load regulators and complete power systems that combine multiple conversion stages in a single package.
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