Key Points
- Patrizio Vinciarelli sold 5,917 Vicor shares on Dec. 29 at $111.20 for $657,970.40, part of a December selling spree of roughly 100,217 shares (~$10.6M); he still directly owns 9,730,046 shares, a 0.06% decline in ownership.
- Vicor (NASDAQ:VICR) shares opened around $113.70 and are trading near their 12‑month high ($116.33); the company has a market cap of about $5.08B and a P/E of 62.13.
- Vicor recently beat expectations with $0.63 EPS and revenue of $110.4M (up 18.5% YoY), while analysts show mixed views—consensus is a "Moderate Buy" with an average target of $98.33 and individual targets up to $115.
Vicor Corporation (NASDAQ:VICR - Get Free Report) CEO Patrizio Vinciarelli sold 5,917 shares of the firm's stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $111.20, for a total value of $657,970.40. Following the completion of the transaction, the chief executive officer directly owned 9,730,046 shares in the company, valued at $1,081,981,115.20. This trade represents a 0.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Patrizio Vinciarelli also recently made the following trade(s):
- On Friday, December 26th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The stock was sold at an average price of $110.12, for a total value of $2,202,400.00.
- On Wednesday, December 24th, Patrizio Vinciarelli sold 12,400 shares of Vicor stock. The shares were sold at an average price of $108.87, for a total value of $1,349,988.00.
- On Monday, December 22nd, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The stock was sold at an average price of $105.28, for a total value of $2,105,600.00.
- On Friday, December 19th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $103.02, for a total transaction of $2,060,400.00.
- On Thursday, December 11th, Patrizio Vinciarelli sold 6,176 shares of Vicor stock. The shares were sold at an average price of $101.78, for a total transaction of $628,593.28.
- On Wednesday, December 10th, Patrizio Vinciarelli sold 5,724 shares of Vicor stock. The stock was sold at an average price of $101.10, for a total transaction of $578,696.40.
- On Wednesday, November 12th, Patrizio Vinciarelli sold 10,000 shares of Vicor stock. The shares were sold at an average price of $100.18, for a total transaction of $1,001,800.00.
Vicor Price Performance
Shares of VICR stock opened at $113.70 on Wednesday. The company's fifty day moving average price is $94.49 and its two-hundred day moving average price is $65.08. The firm has a market capitalization of $5.08 billion, a P/E ratio of 62.13 and a beta of 1.94. Vicor Corporation has a 12 month low of $38.92 and a 12 month high of $116.33.
Vicor (NASDAQ:VICR - Get Free Report) last announced its earnings results on Tuesday, October 21st. The electronics maker reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.43. Vicor had a return on equity of 13.77% and a net margin of 18.63%.The company had revenue of $110.42 million during the quarter, compared to the consensus estimate of $95.40 million. During the same period last year, the firm earned $0.26 earnings per share. The company's revenue was up 18.5% on a year-over-year basis.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on VICR shares. Weiss Ratings reissued a "hold (c)" rating on shares of Vicor in a research report on Wednesday, October 8th. Zacks Research raised shares of Vicor to a "hold" rating in a report on Tuesday, December 16th. Needham & Company LLC set a $90.00 target price on shares of Vicor and gave the company a "buy" rating in a research note on Wednesday, October 22nd. Roth Capital initiated coverage on shares of Vicor in a research report on Tuesday, December 16th. They set a "buy" rating and a $115.00 price target on the stock. Finally, Wall Street Zen downgraded Vicor from a "strong-buy" rating to a "buy" rating in a research note on Sunday, November 23rd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Vicor presently has an average rating of "Moderate Buy" and an average price target of $98.33.
Read Our Latest Report on VICR
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of VICR. Dimensional Fund Advisors LP boosted its holdings in shares of Vicor by 4.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 578,515 shares of the electronics maker's stock valued at $28,759,000 after buying an additional 25,393 shares during the period. AWM Investment Company Inc. boosted its stake in Vicor by 5.7% in the first quarter. AWM Investment Company Inc. now owns 372,210 shares of the electronics maker's stock valued at $17,412,000 after acquiring an additional 20,195 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in Vicor by 1,921.4% in the third quarter. Arrowstreet Capital Limited Partnership now owns 267,882 shares of the electronics maker's stock valued at $13,319,000 after acquiring an additional 254,630 shares during the period. Millennium Management LLC grew its holdings in shares of Vicor by 4,634.5% during the first quarter. Millennium Management LLC now owns 264,611 shares of the electronics maker's stock valued at $12,379,000 after purchasing an additional 259,022 shares during the last quarter. Finally, Colrain Capital LLC raised its position in shares of Vicor by 10.4% during the 3rd quarter. Colrain Capital LLC now owns 254,140 shares of the electronics maker's stock worth $12,636,000 after purchasing an additional 23,940 shares during the period. 47.45% of the stock is currently owned by institutional investors.
Vicor Company Profile
(
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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