Vicor Corporation (NASDAQ:VICR - Get Free Report) CEO Patrizio Vinciarelli sold 23,179 shares of the stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $179.93, for a total transaction of $4,170,597.47. Following the completion of the transaction, the chief executive officer owned 9,034,984 shares of the company's stock, valued at $1,625,664,671.12. This represents a 0.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Patrizio Vinciarelli also recently made the following trade(s):
- On Friday, March 20th, Patrizio Vinciarelli sold 44,076 shares of Vicor stock. The stock was sold at an average price of $179.88, for a total transaction of $7,928,390.88.
- On Wednesday, March 18th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The stock was sold at an average price of $196.18, for a total transaction of $9,809,000.00.
- 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 transaction of $9,233,500.00.
- On Thursday, March 12th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The shares were sold at an average price of $167.46, for a total transaction of $8,373,000.00.
- On Tuesday, March 10th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The stock was 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 shares were sold at an average price of $166.30, for a total value of $8,315,000.00.
- On Wednesday, March 4th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The stock was sold at an average price of $201.54, for a total value of $10,077,000.00.
- On Wednesday, December 31st, Patrizio Vinciarelli sold 1,883 shares of Vicor stock. The stock was sold at an average price of $114.36, for a total value of $215,339.88.
- On Tuesday, December 30th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $112.98, for a total value of $2,259,600.00.
- On Monday, December 29th, Patrizio Vinciarelli sold 5,917 shares of Vicor stock. The shares were sold at an average price of $111.20, for a total value of $657,970.40.
Vicor Stock Up 3.0%
NASDAQ:VICR opened at $186.00 on Thursday. Vicor Corporation has a 52-week low of $38.92 and a 52-week high of $209.53. The stock has a fifty day simple moving average of $170.85 and a 200-day simple moving average of $114.65. The company has a market capitalization of $8.44 billion, a PE ratio of 71.26 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 EPS for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $107.78 million. During the same period in the prior year, the company earned $0.23 EPS. The firm's revenue was up 11.5% on a year-over-year basis.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Vicor by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 2,534,534 shares of the electronics maker's stock valued at $277,785,000 after purchasing an additional 60,963 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Vicor by 4.6% in the third quarter. Dimensional Fund Advisors LP now owns 578,515 shares of the electronics maker's stock valued at $28,759,000 after buying an additional 25,393 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of 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 valued at $48,205,000 after buying an additional 413,038 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Vicor by 3,918.9% during the fourth quarter. The Manufacturers Life Insurance Company now owns 432,189 shares of the electronics maker's stock valued at $47,368,000 after buying an additional 421,435 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake 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 valued at $41,000,000 after buying an additional 106,206 shares during the period. Institutional investors and hedge funds own 47.45% of the company's stock.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on VICR shares. Zacks Research upgraded shares of Vicor from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 23rd. Roth Mkm reaffirmed a "buy" rating and issued a $175.00 target price on shares of Vicor in a research note on Thursday, January 22nd. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Vicor in a report on Wednesday, January 21st. 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, the company has a consensus rating of "Buy" and an average target price of $118.33.
Get Our Latest Stock Report 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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