Estia J. Eichten Sells 8,000 Shares of Vicor Corp. (VICR) Stock
Vicor Corp. (NASDAQ:VICR) Director Estia J. Eichten sold 8,000 shares of Vicor Corp. stock in a transaction dated Friday, November 11th. The shares were sold at an average price of $14.25, for a total transaction of $114,000.00. Following the sale, the director now owns 373,079 shares in the company, valued at $5,316,375.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Vicor Corp. (NASDAQ:VICR) opened at 14.25 on Wednesday. The company’s market capitalization is $553.68 million. Vicor Corp. has a 12 month low of $7.00 and a 12 month high of $14.95. The firm has a 50-day moving average of $12.33 and a 200 day moving average of $10.95.
Vicor Corp. (NASDAQ:VICR) last announced its quarterly earnings results on Tuesday, October 25th. The company reported $0.06 earnings per share for the quarter. Vicor Corp. had a negative return on equity of 4.01% and a negative net margin of 2.61%. The firm had revenue of $53.23 million for the quarter, compared to analysts’ expectations of $48.66 million. On average, equities research analysts expect that Vicor Corp. will post $0.25 earnings per share for the current fiscal year.
Separately, TheStreet upgraded 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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