Key Points
- Vicor VP Alex Gusinov sold 3,344 shares on February 26 at an average price of $200 for proceeds of $668,800, leaving him with 6,996 shares — a 32.34% reduction in his position (SEC filing).
- Vicor reported a strong quarterly EPS beat of $1.01 versus $0.38 expected, with revenue of $107.26M (roughly in line with estimates) — revenue rose 11.5% year-over-year, with a net margin of 26.19% and ROE of 18.73%.
- The stock is trading near its 1-year high (around $201) with a market cap of ~$8.99B and a P/E of ~77, while analysts carry a consensus "Buy" rating but a consensus price target of $118.33.
Vicor Corporation (NASDAQ:VICR - Get Free Report) VP Alex Gusinov sold 3,344 shares of the business's stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $200.00, for a total transaction of $668,800.00. Following the completion of the sale, the vice president owned 6,996 shares of the company's stock, valued at approximately $1,399,200. This represents a 32.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.
Alex Gusinov also recently made the following trade(s):
- On Monday, December 15th, Alex Gusinov sold 3,844 shares of Vicor stock. The stock was sold at an average price of $97.31, for a total transaction of $374,059.64.
Vicor Price Performance
Vicor stock opened at $201.40 on Friday. Vicor Corporation has a 1-year low of $38.92 and a 1-year high of $205.92. The business has a fifty day moving average price of $149.45 and a 200-day moving average price of $97.56. The stock has a market capitalization of $8.99 billion, a price-to-earnings ratio of 77.17 and a beta of 1.90.
Vicor (NASDAQ:VICR - Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The electronics maker reported $1.01 earnings per share for the quarter, beating analysts' consensus estimates of $0.38 by $0.63. The firm had revenue of $107.26 million for the quarter, compared to analyst estimates of $107.78 million. Vicor had a net margin of 26.19% and a return on equity of 18.73%. The business's quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.23 earnings per share.
Institutional Investors Weigh In On Vicor
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in Vicor by 2.5% during the fourth quarter. Vanguard Group Inc. now owns 2,534,534 shares of the electronics maker's stock worth $277,785,000 after purchasing an additional 60,963 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Vicor by 4.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 578,515 shares of the electronics maker's stock worth $28,759,000 after acquiring an additional 25,393 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Vicor by 1,542.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 439,820 shares of the electronics maker's stock worth $48,205,000 after purchasing an additional 413,038 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Vicor by 3,918.9% in the 4th quarter. The Manufacturers Life Insurance Company now owns 432,189 shares of the electronics maker's stock valued at $47,368,000 after acquiring an additional 421,435 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Vicor by 39.6% during the fourth 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 period. Hedge funds and other institutional investors own 47.45% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the company. Wall Street Zen cut Vicor from a "strong-buy" rating to a "buy" rating in a report on Sunday, November 23rd. Zacks Research upgraded shares of Vicor from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 23rd. Weiss Ratings restated a "hold (c)" rating on shares of Vicor in a research note on Wednesday, January 21st. Finally, Roth Mkm reaffirmed a "buy" rating and issued a $175.00 target price on shares of Vicor in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $118.33.
Read Our Latest Stock Analysis on Vicor
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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