Insider Selling: Vicor Corp. (VICR) Insider Sells $127,800.00 in Stock
Vicor Corp. (NASDAQ:VICR) insider Barry Kelleher sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 7th. The shares were sold at an average price of $12.78, for a total transaction of $127,800.00. Following the completion of the transaction, the insider now owns 12,257 shares of the company’s stock, valued at approximately $156,644.46. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of Vicor Corp. (NASDAQ:VICR) opened at 14.25 on Friday. The firm’s 50-day moving average is $12.13 and its 200-day moving average is $10.85. Vicor Corp. has a 52-week low of $7.00 and a 52-week high of $14.30. The firm’s market cap is $553.68 million.
Vicor Corp. (NASDAQ:VICR) last issued its quarterly earnings data on Tuesday, October 25th. The company reported $0.06 EPS for the quarter. Vicor Corp. had a negative return on equity of 4.01% and a negative net margin of 2.61%. The company earned $53.23 million during the quarter, compared to analyst estimates of $48.66 million. Analysts anticipate that Vicor Corp. will post $0.25 earnings per share for the current year.
Separately, TheStreet raised shares of Vicor Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, September 6th.
About Vicor Corp.
Vicor Corporation designs, develops, manufactures and markets modular power components and power systems for converting, regulating and controlling electric current. The Company offers a range of subsystems, utilizing its modular components. Its segments include Brick Business Unit (BBU), VI Chip and Picor.
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