Key Points
- Vicor insider Michael McNamara sold 18,618 shares on May 11 for about $5.75 million at $309.00 per share, cutting his direct holdings by roughly 50.6%. The filing notes he previously sold additional Vicor shares in March as well.
- The stock has surged sharply, with VICR trading near $292.53 and reaching a 52-week high of $313.52, far above its 50-day and 200-day moving averages. Vicor now sports a market cap of about $13.33 billion and a high valuation at a P/E of 97.84.
- Operational results and analyst sentiment remain constructive: Vicor recently beat quarterly earnings and revenue estimates, with revenue up 20.2% year over year. Wall Street’s consensus rating remains “Buy,” though insider selling has raised some near-term caution.
Vicor Corporation (NASDAQ:VICR - Get Free Report) VP Kemble Morrison sold 2,313 shares of Vicor stock in a transaction on Monday, May 11th. The shares were sold at an average price of $301.59, for a total value of $697,577.67. Following the completion of the sale, the vice president directly owned 372 shares of the company's stock, valued at $112,191.48. This trade represents a 86.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Vicor Stock Performance
NASDAQ VICR opened at $292.53 on Wednesday. The stock has a fifty day moving average of $204.32 and a 200-day moving average of $151.80. The stock has a market capitalization of $13.33 billion, a P/E ratio of 97.84 and a beta of 2.33. Vicor Corporation has a 52 week low of $40.54 and a 52 week high of $313.52.
Vicor (NASDAQ:VICR - Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The electronics maker reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.04. Vicor had a return on equity of 20.21% and a net margin of 28.98%.The business had revenue of $112.97 million for the quarter, compared to analyst estimates of $109.05 million. During the same period last year, the company earned $0.06 EPS. The firm's revenue was up 20.2% on a year-over-year basis. Equities research analysts forecast that Vicor Corporation will post 2.71 earnings per share for the current fiscal year.
Key Headlines Impacting Vicor
Here are the key news stories impacting Vicor this week:
- Positive Sentiment: Vicor’s recent earnings update showed stronger profitability, revenue above expectations, and management commentary that supported the bullish case for continued demand in AI/data-center power applications.
- Positive Sentiment: Recent options activity showed heavy call buying, suggesting some traders were still positioning for further upside before the latest pullback.
- Neutral Sentiment: Analyst and media attention remains elevated, with recent articles highlighting Vicor as a potential “IP compounder” and a stock benefiting from record data-center demand. Article Title
- Negative Sentiment: Multiple insiders sold shares on May 11, including General Manager Michael McNamara, VP Kemble D. Morrison, and CAO Quentin A. Fendelet, adding to the perception that the stock may have run ahead of fundamentals.
- Negative Sentiment: Quiver Quantitative noted the selloff looks like a post-rally pullback driven by profit-taking and insider-sale headlines rather than a new fundamental setback, which can still weigh on near-term trading.
Analysts Set New Price Targets
Several research analysts have recently issued reports on VICR shares. Roth Mkm restated a "buy" rating and issued a $245.00 price target on shares of Vicor in a research report on Monday, April 20th. Weiss Ratings restated a "hold (c)" rating on shares of Vicor in a research report on Wednesday, January 21st. Wall Street Zen lowered Vicor from a "buy" rating to a "hold" rating in a research report on Saturday, April 25th. Zacks Research upgraded Vicor from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 23rd. Finally, Needham & Company LLC raised their price target on Vicor from $180.00 to $260.00 and gave the stock a "buy" rating in a research report on Tuesday, April 21st. One investment 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. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $198.33.
Get Our Latest Research Report on Vicor
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in VICR. The Manufacturers Life Insurance Company lifted its holdings in 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 worth $47,368,000 after acquiring an additional 421,435 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Vicor by 1,542.2% during 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 acquiring an additional 413,038 shares in the last quarter. Millennium Management LLC lifted its holdings in Vicor by 4,634.5% during the first quarter. Millennium Management LLC now owns 264,611 shares of the electronics maker's stock worth $12,379,000 after acquiring an additional 259,022 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Vicor by 1,921.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 267,882 shares of the electronics maker's stock worth $13,319,000 after acquiring an additional 254,630 shares in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in Vicor during the third quarter worth about $12,625,000. 47.45% of the stock is currently owned by institutional investors.
Vicor Company Profile
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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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