Vicor Corporation (NASDAQ:VICR - Get Free Report) CAO Quentin Fendelet sold 2,000 shares of Vicor stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $177.72, for a total value of $355,440.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Vicor Stock Up 10.8%
Shares of Vicor stock opened at $190.30 on Wednesday. The company's fifty day simple moving average is $143.37 and its two-hundred day simple moving average is $95.01. Vicor Corporation has a 12-month low of $38.92 and a 12-month high of $190.72. The firm has a market cap of $8.50 billion, a PE ratio of 72.91 and a beta of 1.90.
Vicor (NASDAQ:VICR - Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The electronics maker reported $1.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.63. The company had revenue of $107.26 million for the quarter, compared to the consensus estimate of $107.78 million. Vicor had a return on equity of 18.73% and a net margin of 26.19%.Vicor's revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.23 EPS.
Key Headlines Impacting Vicor
Here are the key news stories impacting Vicor this week:
- Positive Sentiment: Q4 earnings & management commentary: Vicor reported an EPS beat and management used the earnings call to signal a profitable growth ramp, which traders interpreted as confirmation of improving fundamentals. Vicor Earnings Call Signals Profitable Growth Ramp
- Positive Sentiment: Press/analysis highlighting the rally: Coverage explaining the stock’s move has amplified investor interest and helped momentum. Why Vicor Corporation’s (VICR) Stock Is Up 7.98%
- Positive Sentiment: Unusual options activity: Traders bought ~2,003 call options (≈128% above average), a short-term bullish flow that likely amplified upward price pressure.
- Negative Sentiment: VP Alvaro Doyle sold 7,913 shares at ~$172.83 (~$1.37M total), reducing his holding by 99.47%. Filing: Alvaro Doyle SEC Filing
- Negative Sentiment: Director Zheng John Shen sold 2,503 shares at ~$175.96 (~$440k total). Filing: Zheng John Shen SEC Filing
- Negative Sentiment: Director Samuel J. Anderson sold 3,791 shares at ~$171.44 (~$650k total), trimming his position ~38%. Filing: Samuel J. Anderson SEC Filing
- Negative Sentiment: CAO Quentin A. Fendelet sold 2,000 shares at ~$177.72 (~$355k total). Filing: Quentin A. Fendelet SEC Filing
- Negative Sentiment: VP Claudio Tuozzolo sold 4,469 shares at ~$174.60 (~$780k total), reducing his position ~13%. Filing: Claudio Tuozzolo SEC Filing
Institutional Investors Weigh In On Vicor
Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Vicor by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 2,534,534 shares of the electronics maker's stock worth $277,785,000 after acquiring an additional 60,963 shares during the last quarter. Dimensional Fund Advisors LP raised 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 purchasing an additional 25,393 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Vicor by 1,542.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 439,820 shares of the electronics maker's stock valued at $48,205,000 after purchasing an additional 413,038 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Vicor by 3,918.9% during the fourth quarter. The Manufacturers Life Insurance Company now owns 432,189 shares of the electronics maker's stock worth $47,368,000 after buying an additional 421,435 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Vicor by 39.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 374,088 shares of the electronics maker's stock worth $41,000,000 after purchasing an additional 106,206 shares during the last quarter. Institutional investors own 47.45% of the company's stock.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Vicor in a report on Wednesday, January 21st. Wall Street Zen lowered shares of Vicor from a "strong-buy" rating to a "buy" rating in a research note on Sunday, November 23rd. Zacks Research upgraded Vicor to a "hold" rating in a research report on Tuesday, December 16th. Finally, Roth Mkm reaffirmed a "buy" rating and set a $175.00 price target on shares of Vicor in a research report on Thursday, January 22nd. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $118.33.
View Our Latest Stock Analysis on Vicor
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
