Key Points
- Patrizio Vinciarelli sold 50,000 shares of Vicor on March 4 at an average price of $201.54 for a total of $10,077,000, leaving him with 9,658,163 shares (a 0.52% reduction in his holding).
- Vicor posted a strong quarterly beat, reporting EPS of $1.01 vs. $0.38 expected and revenue of $362.7M vs. $107.78M consensus, with revenue up 11.5% year‑over‑year.
- Shares dropped about 10.6%, opening at $162.67; the stock has a market cap of $7.26B, a P/E of 62.33, and a 1‑year range of $38.92–$209.53.
Vicor Corporation (NASDAQ:VICR - Get Free Report) VP Sean Crilly sold 1,640 shares of the business's stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $180.32, for a total transaction of $295,724.80. Following the completion of the sale, the vice president owned 9,729 shares in the company, valued at $1,754,333.28. The trade was a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Sean Crilly also recently made the following trade(s):
- On Friday, February 27th, Sean Crilly sold 6,000 shares of Vicor stock. The shares were sold at an average price of $197.73, for a total value of $1,186,380.00.
Vicor Stock Down 10.6%
Shares of NASDAQ:VICR opened at $162.67 on Friday. The company's fifty day moving average is $157.70 and its two-hundred day moving average is $102.55. Vicor Corporation has a 12-month low of $38.92 and a 12-month high of $209.53. The company has a market cap of $7.26 billion, a P/E ratio of 62.33 and a beta of 1.84.
Vicor (NASDAQ:VICR - Get Free Report) last issued its quarterly earnings data on Thursday, February 19th. The electronics maker reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.63. Vicor had a net margin of 26.19% and a return on equity of 18.73%. The firm had revenue of $362.70 million for the quarter, compared to analyst estimates of $107.78 million. During the same quarter last year, the firm earned $0.23 earnings per share. The company's revenue for the quarter was up 11.5% on a year-over-year basis.
Hedge Funds Weigh In On Vicor
Several institutional investors and hedge funds have recently made changes to their positions in the company. Federated Hermes Inc. bought a new position in Vicor during the fourth quarter worth about $27,000. Nisa Investment Advisors LLC grew its stake in shares of Vicor by 53.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker's stock worth $30,000 after acquiring an additional 210 shares in the last quarter. Harbour Investments Inc. acquired a new stake in Vicor in the 4th quarter valued at about $32,000. Allworth Financial LP boosted its stake in Vicor by 960.0% in the 4th quarter. Allworth Financial LP now owns 318 shares of the electronics maker's stock valued at $35,000 after purchasing an additional 288 shares during the period. Finally, NBC Securities Inc. acquired a new position in Vicor in the 4th quarter valued at $36,000. Institutional investors and hedge funds own 47.45% of the company's stock.
Analyst Ratings Changes
A number of research firms have recently issued reports on VICR. Zacks Research upgraded Vicor from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 23rd. Roth Mkm reissued a "buy" rating and set a $175.00 price objective on shares of Vicor in a report on Thursday, January 22nd. Wall Street Zen downgraded shares of Vicor from a "strong-buy" rating to a "buy" rating in a research note on Sunday, November 23rd. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Vicor in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Vicor currently has an average rating of "Buy" and a consensus price target of $118.33.
Check Out 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.
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