Key Points
- CEO Patrizio Vinciarelli sold 19,778 shares on April 14 at an average price of $189.51 under a pre-arranged Rule 10b5-1 plan, leaving him with 8,940,263 shares (a 0.22% reduction) valued at about $1.69 billion.
- Since March 4 he has executed a string of insider sales totaling approximately 462,000 shares, including multiple 50,000‑share blocks, reflecting sustained, scheduled dispositions over March–April.
- Vicor reported a strong quarter (EPS $1.01 vs. $0.38 expected and revenue $362.7M), yet analysts' consensus is a "Buy" with an average target of $118.33, well below the current ~$194 share price.
Vicor Corporation (NASDAQ:VICR - Get Free Report) CEO Patrizio Vinciarelli sold 19,778 shares of the business's stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $189.51, for a total value of $3,748,128.78. Following the completion of the sale, the chief executive officer owned 8,940,263 shares of the company's stock, valued at $1,694,269,241.13. The trade was a 0.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Patrizio Vinciarelli also recently made the following trade(s):
- On Thursday, April 9th, Patrizio Vinciarelli sold 24,943 shares of Vicor stock. The shares were sold at an average price of $187.23, for a total value of $4,670,077.89.
- On Wednesday, March 25th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The stock was sold at an average price of $183.70, for a total value of $9,185,000.00.
- On Tuesday, March 24th, Patrizio Vinciarelli sold 23,179 shares of Vicor stock. The stock was sold at an average price of $179.93, for a total value of $4,170,597.47.
- 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 value 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 value of $9,809,000.00.
- On Monday, March 16th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The stock was 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 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 stock was 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.
Vicor Trading Up 2.2%
NASDAQ VICR opened at $194.20 on Thursday. Vicor Corporation has a 12 month low of $38.92 and a 12 month high of $209.53. The stock has a market cap of $8.81 billion, a P/E ratio of 74.41 and a beta of 1.97. The stock's fifty day moving average price is $173.51 and its 200-day moving average price is $126.84.
Vicor (NASDAQ:VICR - Get Free Report) last released its earnings results on Thursday, February 19th. The electronics maker reported $1.01 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.63. Vicor had a return on equity of 18.73% and a net margin of 26.19%.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 firm posted $0.23 earnings per share. The company's quarterly revenue was up 11.5% on a year-over-year basis.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Corient Private Wealth LLC lifted its holdings in shares of Vicor by 3.9% during the fourth quarter. Corient Private Wealth LLC now owns 4,861 shares of the electronics maker's stock valued at $533,000 after purchasing an additional 184 shares in the last quarter. Bayban bought a new position in shares of Vicor during the fourth quarter valued at $778,000. Pacer Advisors Inc. lifted its holdings in Vicor by 240.4% in the fourth quarter. Pacer Advisors Inc. now owns 5,681 shares of the electronics maker's stock valued at $623,000 after acquiring an additional 4,012 shares during the period. Invesco Ltd. lifted its holdings in Vicor by 125.8% in the fourth quarter. Invesco Ltd. now owns 148,659 shares of the electronics maker's stock valued at $16,293,000 after acquiring an additional 82,831 shares during the period. Finally, State of Tennessee Department of Treasury lifted its holdings in Vicor by 10.5% in the fourth quarter. State of Tennessee Department of Treasury now owns 14,615 shares of the electronics maker's stock valued at $1,602,000 after acquiring an additional 1,388 shares during the period. 47.45% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on VICR shares. Weiss Ratings reissued a "hold (c)" rating on shares of Vicor in a research note on Wednesday, January 21st. Roth Mkm reissued a "buy" rating and issued a $175.00 target price on shares of Vicor in a research note on Thursday, January 22nd. Finally, Zacks Research raised Vicor from a "hold" rating to a "strong-buy" rating in a report on Monday, February 23rd. One research 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $118.33.
Get Our Latest Research Report on VICR
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.
Further Reading
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