Estia J. Eichten Sells 4,000 Shares of Vicor Corp. (VICR) Stock
Vicor Corp. (NASDAQ:VICR) Director Estia J. Eichten sold 4,000 shares of the stock in a transaction on Wednesday, November 9th. The shares were sold at an average price of $13.50, for a total value of $54,000.00. Following the sale, the director now owns 377,079 shares in the company, valued at approximately $5,090,566.50. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Shares of Vicor Corp. (NASDAQ:VICR) opened at 14.55 on Monday. The firm’s market cap is $565.34 million. Vicor Corp. has a 12-month low of $7.00 and a 12-month high of $14.80. The stock’s 50 day moving average price is $12.20 and its 200 day moving average price is $10.88.
Vicor Corp. (NASDAQ:VICR) last issued its quarterly earnings data on Tuesday, October 25th. The company reported $0.06 earnings per share (EPS) for the quarter. The business earned $53.23 million during the quarter, compared to the consensus estimate of $48.66 million. Vicor Corp. had a negative return on equity of 4.01% and a negative net margin of 2.61%. On average, equities research analysts predict that Vicor Corp. will post $0.25 EPS for the current fiscal year.
Separately, TheStreet upgraded Vicor Corp. from a “sell” rating to a “hold” rating in a 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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