Key Points
- Insider sale: Vicor VP Kemble Morrison sold 2,572 shares on Feb. 24 at an average of $180.08 for proceeds of $463,165.76, part of a broader round of insider selling by multiple executives.
- The company reported Q4 EPS of $1.01 vs. $0.38 expected and revenue up 11.5% year-over-year, fueling a rally to $200.28 (near the 52-week high) while the stock trades at a P/E of 76.74 and a market cap of about $8.94 billion.
- Analysts’ consensus rating is a Buy, but the average price target of $118.33 is materially below the current share price, indicating a potential valuation/expectations disconnect.
Vicor Corporation (NASDAQ:VICR - Get Free Report) VP Kemble Morrison sold 2,572 shares of the firm's stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $180.08, for a total transaction of $463,165.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Vicor Stock Performance
Vicor stock traded up $3.12 during trading on Thursday, reaching $200.28. 338,696 shares of the company's stock were exchanged, compared to its average volume of 685,786. Vicor Corporation has a 52-week low of $38.92 and a 52-week high of $203.86. The firm has a market cap of $8.94 billion, a price-to-earnings ratio of 76.74 and a beta of 1.90. The company's 50-day moving average is $145.36 and its two-hundred day moving average is $95.72.
Vicor (NASDAQ:VICR - Get Free Report) last issued its quarterly earnings data on Thursday, February 19th. The electronics maker reported $1.01 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.63. Vicor had a return on equity of 18.73% and a net margin of 26.19%.The company had revenue of $107.26 million for the quarter, compared to analysts' expectations of $107.78 million. During the same quarter in the previous year, the firm posted $0.23 earnings per share. The firm's quarterly revenue was up 11.5% on a year-over-year basis.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on the stock. Wall Street Zen cut shares of Vicor from a "strong-buy" rating to a "buy" rating in a research report on Sunday, November 23rd. Roth Mkm reiterated a "buy" rating and issued a $175.00 price objective on shares of Vicor in a report on Thursday, January 22nd. Zacks Research raised shares of Vicor from a "hold" rating to a "strong-buy" rating in a research report on Monday. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Vicor in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Vicor presently has a consensus rating of "Buy" and an average target price of $118.33.
View Our Latest Stock Report on VICR
Vicor News Roundup
Here are the key news stories impacting Vicor this week:
- Positive Sentiment: Q4 earnings beat and upbeat commentary — Vicor reported a large EPS beat and management signaled a profitable growth ramp, supporting the rally and investor confidence. Vicor 2-Minute Analysis
- Positive Sentiment: Analyst upgrade — Zacks upgraded Vicor to a stronger rating, which can attract momentum buyers and funds that follow Zacks signals. Zacks Upgrade / TickerReport
- Positive Sentiment: Unusual call-option activity — unusually high call buying was reported, a short-term bullish flow that likely amplified intraday buying pressure. Options Activity Article
- Positive Sentiment: Positive coverage on AI opportunity — recent analysis highlights Vicor’s positioning in AI/data-center power solutions, supporting longer-term growth expectations. Seeking Alpha AI Infrastructure
- Neutral Sentiment: Other news items unrelated to VICR (similarly named companies) — a TipRanks note referred to Vicore Pharma (SE:VICO), a different company; not relevant to VICR but may cause ticker confusion. Vicore Pharma Notice (different ticker)
- Negative Sentiment: Large insider selling by multiple executives — several VPs/directors sold substantial blocks (examples below), which can worry some investors about insiders taking gains:
- Negative Sentiment: VP Alvaro Doyle sold 7,913 shares (~$1.37M). Alvaro Doyle Sale
- Negative Sentiment: Director Samuel J. Anderson sold 3,791 shares (~$650k). SEC filing: Anderson SEC Filing
- Negative Sentiment: Multiple other insiders (including VP Claudio Tuozzolo, Director Zheng John Shen, CAO Quentin Fendelet, VP Kemble D. Morrison) sold shares in late-Feb filings (each several hundred-thousand dollars). Example filings: Tuozzolo SEC Filing
Hedge Funds Weigh In On Vicor
Hedge funds have recently bought and sold shares of the company. ProShare Advisors LLC raised its holdings in shares of Vicor by 1.7% in the 4th quarter. ProShare Advisors LLC now owns 4,469 shares of the electronics maker's stock worth $490,000 after purchasing an additional 74 shares in the last quarter. Bouvel Investment Partners LLC lifted its position in shares of Vicor by 0.4% during the 4th quarter. Bouvel Investment Partners LLC now owns 24,183 shares of the electronics maker's stock valued at $2,650,000 after acquiring an additional 85 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Vicor by 1.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 5,238 shares of the electronics maker's stock worth $574,000 after acquiring an additional 90 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Vicor by 13.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the electronics maker's stock worth $56,000 after acquiring an additional 136 shares during the last quarter. Finally, Truist Financial Corp raised its position in shares of Vicor by 2.1% during the fourth quarter. Truist Financial Corp now owns 6,940 shares of the electronics maker's stock worth $761,000 after purchasing an additional 140 shares during the period. 47.45% of the stock is currently owned by institutional investors and hedge funds.
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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