Key Points
- Patrizio Vinciarelli sold 50,000 shares on March 18 at an average price of $196.18 (~$9.81M) and has sold roughly 360,200 shares in recent transactions, trimming his stake by 0.54% while still directly owning 9,158,163 shares (≈$1.80B).
- Vicor posted a strong quarterly beat (EPS $1.01 vs $0.38; revenue $362.7M vs $107.8M), but the stock trades around $190 with a market cap of $8.49B and a MarketBeat consensus "Buy" target of $118.33.
Vicor Corporation (NASDAQ:VICR - Get Free Report) CEO Patrizio Vinciarelli sold 50,000 shares of Vicor stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $196.18, for a total value of $9,809,000.00. Following the sale, the chief executive officer directly owned 9,158,163 shares in the company, valued at approximately $1,796,648,417.34. The trade was a 0.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Patrizio Vinciarelli also recently made the following trade(s):
- On Monday, March 16th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The shares were sold at an average price of $184.67, for a total value of $9,233,500.00.
- On Thursday, March 12th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The stock was sold at an average price of $167.46, for a total value of $8,373,000.00.
- On Tuesday, March 10th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The shares were sold at an average price of $177.25, for a total value of $8,862,500.00.
- On Friday, March 6th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The stock was sold at an average price of $166.30, for a total transaction of $8,315,000.00.
- On Wednesday, March 4th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The shares were sold at an average price of $201.54, for a total transaction of $10,077,000.00.
- On Wednesday, December 31st, Patrizio Vinciarelli sold 1,883 shares of Vicor stock. The shares were sold at an average price of $114.36, for a total transaction of $215,339.88.
- On Tuesday, December 30th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The stock was sold at an average price of $112.98, for a total transaction of $2,259,600.00.
- On Monday, December 29th, Patrizio Vinciarelli sold 5,917 shares of Vicor stock. The stock was sold at an average price of $111.20, for a total value of $657,970.40.
- On Friday, December 26th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $110.12, for a total value of $2,202,400.00.
- On Wednesday, December 24th, Patrizio Vinciarelli sold 12,400 shares of Vicor stock. The shares were sold at an average price of $108.87, for a total value of $1,349,988.00.
Vicor Stock Down 0.9%
NASDAQ:VICR opened at $190.13 on Friday. The company has a market cap of $8.49 billion, a PE ratio of 72.85 and a beta of 1.84. The business's 50 day moving average is $168.07 and its two-hundred day moving average is $110.74. Vicor Corporation has a 52 week low of $38.92 and a 52 week high of $209.53.
Vicor (NASDAQ:VICR - Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The electronics maker reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.63. Vicor had a return on equity of 18.73% and a net margin of 26.19%.The business had revenue of $362.70 million for the quarter, compared to analyst estimates of $107.78 million. During the same period in the prior year, the company posted $0.23 EPS. The business's revenue was up 11.5% compared to the same quarter last year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of VICR. Federated Hermes Inc. acquired a new stake in shares of Vicor in the fourth quarter valued at approximately $27,000. Nisa Investment Advisors LLC grew its holdings in Vicor by 53.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker's stock worth $30,000 after buying an additional 210 shares in the last quarter. Harbour Investments Inc. acquired a new stake in Vicor in the 4th quarter valued at approximately $32,000. Allworth Financial LP raised its stake in Vicor by 960.0% during the 4th quarter. Allworth Financial LP now owns 318 shares of the electronics maker's stock valued at $35,000 after acquiring an additional 288 shares in the last quarter. Finally, NBC Securities Inc. acquired a new position in Vicor during the 4th quarter worth $36,000. Institutional investors own 47.45% of the company's stock.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on VICR. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Vicor in a research report on Wednesday, January 21st. Zacks Research raised Vicor from a "hold" rating to a "strong-buy" rating in a report on Monday, February 23rd. Wall Street Zen downgraded Vicor from a "strong-buy" rating to a "buy" rating in a report on Sunday, November 23rd. Finally, Roth Mkm restated a "buy" rating and set a $175.00 price objective on shares of Vicor in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $118.33.
Get Our Latest Research Report 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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