Vicor Co. (NASDAQ:VICR) Director Sells $113,202.00 in Stock

Vicor Co. (NASDAQ:VICR) Director Andrew D’amico sold 1,800 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $62.89, for a total value of $113,202.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Andrew D’amico also recently made the following trade(s):

• On Wednesday, January 22nd, Andrew D’amico sold 4,000 shares of Vicor stock. The shares were sold at an average price of $59.75, for a total value of $239,000.00.
• On Monday, January 6th, Andrew D’amico sold 2,000 shares of Vicor stock. The shares were sold at an average price of $51.91, for a total value of $103,820.00.

Vicor Price Performance

Vicor stock opened at $60.44 on Wednesday. Vicor Co. has a 1-year low of $30.90 and a 1-year high of $65.50. The company has a market cap of $2.73 billion, a PE ratio of 116.23 and a beta of 1.51. The stock’s 50 day moving average price is $51.09 and its 200 day moving average price is $47.24.

Vicor (NASDAQ:VICR) last posted its quarterly earnings results on Thursday, February 20th. The electronics maker reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. Vicor had a return on equity of 4.29% and a net margin of 6.46%. The firm had revenue of $96.17 million for the quarter, compared to the consensus estimate of $91.03 million.

Institutional Trading of Vicor

A number of institutional investors have recently modified their holdings of the business. Harbor Capital Advisors Inc. acquired a new position in Vicor during the fourth quarter worth $1,557,000. Barclays PLC raised its holdings in Vicor by 361.6% during the third quarter. Barclays PLC now owns 39,397 shares of the electronics maker’s stock worth $1,658,000 after purchasing an additional 30,863 shares during the last quarter. Savant Capital LLC acquired a new position in Vicor during the fourth quarter worth $223,000. Charles Schwab Investment Management Inc. raised its holdings in Vicor by 6.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 206,713 shares of the electronics maker’s stock worth $8,703,000 after purchasing an additional 12,203 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Vicor by 6.3% during the third quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker’s stock worth $24,094,000 after purchasing an additional 33,696 shares during the last quarter. 47.45% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on VICR. Craig Hallum upgraded Vicor from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 14th. Needham & Company LLC reiterated a “hold” rating on shares of Vicor in a research note on Tuesday, February 18th. Finally, StockNews.com upgraded Vicor from a “hold” rating to a “buy” rating in a research note on Monday.

Vicor Company Profile

Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters; complementary components provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as electrical and mechanical accessories.