Principal Financial Group Inc. lifted its position in shares of Vicor Corporation (NASDAQ:VICR) by 1.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 122,722 shares of the electronics maker’s stock after acquiring an additional 1,203 shares during the quarter. Principal Financial Group Inc. owned approximately 0.31% of Vicor Corporation worth $2,197,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Cadence Capital Management LLC grew its stake in shares of Vicor Corporation by 5.7% during the 2nd quarter. Cadence Capital Management LLC now owns 72,167 shares of the electronics maker’s stock worth $1,292,000 after acquiring an additional 3,922 shares during the period. Legal & General Group Plc grew its stake in shares of Vicor Corporation by 13.9% during the 2nd quarter. Legal & General Group Plc now owns 29,892 shares of the electronics maker’s stock worth $535,000 after acquiring an additional 3,658 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Vicor Corporation by 0.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 150,902 shares of the electronics maker’s stock worth $2,701,000 after acquiring an additional 739 shares during the period. Texas Permanent School Fund grew its stake in shares of Vicor Corporation by 1.8% during the 2nd quarter. Texas Permanent School Fund now owns 11,780 shares of the electronics maker’s stock worth $211,000 after acquiring an additional 205 shares during the period. Finally, Great West Life Assurance Co. Can grew its stake in shares of Vicor Corporation by 11.8% during the 2nd quarter. Great West Life Assurance Co. Can now owns 29,415 shares of the electronics maker’s stock worth $525,000 after acquiring an additional 3,100 shares during the period. Institutional investors own 24.88% of the company’s stock.

Shares of Vicor Corporation (NASDAQ:VICR) opened at 23.75 on Friday. Vicor Corporation has a one year low of $11.35 and a one year high of $25.65. The stock’s market cap is $932.26 million. The company’s 50-day moving average price is $19.97 and its 200-day moving average price is $18.39.

Vicor Corporation (NASDAQ:VICR) last issued its quarterly earnings data on Thursday, July 27th. The electronics maker reported ($0.01) EPS for the quarter. Vicor Corporation had a negative return on equity of 1.35% and a negative net margin of 0.84%. The firm had revenue of $57.71 million during the quarter. Equities research analysts anticipate that Vicor Corporation will post $0.25 earnings per share for the current year.

Separately, BidaskClub upgraded Vicor Corporation from a “sell” rating to a “hold” rating in a research note on Friday, August 25th.

In other Vicor Corporation news, VP Robert F. Russell sold 4,000 shares of the business’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $18.08, for a total transaction of $72,320.00. Following the completion of the sale, the vice president now owns 4,000 shares of the company’s stock, valued at $72,320. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director H Allen Henderson sold 4,300 shares of the business’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $17.53, for a total value of $75,379.00. Following the sale, the director now directly owns 4,519 shares of the company’s stock, valued at approximately $79,218.07. The disclosure for this sale can be found here. Insiders have sold 18,300 shares of company stock valued at $335,648 in the last three months. 38.90% of the stock is currently owned by corporate insiders.

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Vicor Corporation Company Profile

Vicor Corporation designs, develops, manufactures and markets modular power components and power systems for converting, regulating and controlling electric current. The Company’s segments include Brick Business Unit (BBU), VI Chip and Picor. The BBU segment designs, develops, manufactures and markets modular direct current-direct current converters and configurable products, and also includes the entities comprising Vicor Custom Power, and the BBU operations of Vicor Japan Company, Ltd.

Institutional Ownership by Quarter for Vicor Corporation (NASDAQ:VICR)

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