Vicor Corporation (NASDAQ:VICR - Get Free Report) VP Claudio Tuozzolo sold 4,643 shares of the company's stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $197.85, for a total transaction of $918,617.55. Following the transaction, the vice president owned 23,544 shares in the company, valued at $4,658,180.40. The trade was a 16.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Claudio Tuozzolo also recently made the following trade(s):
- On Monday, February 23rd, Claudio Tuozzolo sold 4,469 shares of Vicor stock. The stock was sold at an average price of $174.60, for a total transaction of $780,287.40.
Vicor Price Performance
Shares of NASDAQ:VICR opened at $205.64 on Friday. The firm has a market capitalization of $9.18 billion, a PE ratio of 78.79 and a beta of 1.90. The business has a 50 day simple moving average of $147.51 and a two-hundred day simple moving average of $96.48. Vicor Corporation has a 1 year low of $38.92 and a 1 year high of $205.92.
Vicor (NASDAQ:VICR - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The electronics maker reported $1.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.38 by $0.63. The firm had revenue of $107.26 million during the quarter, compared to analyst estimates of $107.78 million. Vicor had a return on equity of 18.73% and a net margin of 26.19%.Vicor's quarterly revenue was up 11.5% compared to the same quarter last year. During the same period last year, the company earned $0.23 EPS.
Analyst Ratings Changes
A number of brokerages recently weighed in on VICR. Zacks Research upgraded shares of Vicor from a "hold" rating to a "strong-buy" rating in a report on Monday. Roth Mkm reiterated a "buy" rating and issued a $175.00 price target on shares of Vicor in a report on Thursday, January 22nd. Wall Street Zen downgraded Vicor from a "strong-buy" rating to a "buy" rating in a report on Sunday, November 23rd. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Vicor in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Vicor presently has an average rating of "Buy" and an average price target of $118.33.
Get Our Latest Research Report on Vicor
Hedge Funds Weigh In On Vicor
Hedge funds have recently made changes to their positions in the company. Royal Bank of Canada increased its holdings in shares of Vicor by 6.0% in the first quarter. Royal Bank of Canada now owns 15,167 shares of the electronics maker's stock valued at $709,000 after purchasing an additional 857 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Vicor by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,537 shares of the electronics maker's stock worth $633,000 after buying an additional 563 shares during the period. Millennium Management LLC grew its position in Vicor by 4,634.5% in the 1st quarter. Millennium Management LLC now owns 264,611 shares of the electronics maker's stock valued at $12,379,000 after acquiring an additional 259,022 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Vicor by 38.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 41,541 shares of the electronics maker's stock worth $1,943,000 after buying an additional 11,525 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its holdings in Vicor by 56.1% in the first quarter. Acadian Asset Management LLC now owns 8,860 shares of the electronics maker's stock valued at $413,000 after purchasing an additional 3,184 shares during the period. Institutional investors and hedge funds own 47.45% of the company's stock.
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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