Duality Advisers LP Buys 4,142 Shares of Vicor Co. (NASDAQ:VICR)

Duality Advisers LP boosted its stake in shares of Vicor Co. (NASDAQ:VICR) by 24.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,234 shares of the electronics maker’s stock after purchasing an additional 4,142 shares during the quarter. Duality Advisers LP’s holdings in Vicor were worth $954,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Byrne Asset Management LLC acquired a new stake in shares of Vicor in the 4th quarter worth $35,000. Acadian Asset Management LLC raised its stake in shares of Vicor by 30.0% during the 3rd quarter. Acadian Asset Management LLC now owns 3,056 shares of the electronics maker’s stock worth $178,000 after buying an additional 706 shares during the period. Federated Hermes Inc. raised its holdings in shares of Vicor by 913.5% during the third quarter. Federated Hermes Inc. now owns 3,456 shares of the electronics maker’s stock valued at $204,000 after acquiring an additional 3,115 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in Vicor during the third quarter worth about $232,000. Finally, Private Advisor Group LLC purchased a new stake in Vicor in the 3rd quarter valued at $252,000. 47.45% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Vicor news, VP Kemble D. Morrison sold 2,659 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $37.00, for a total value of $98,383.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Vicor news, VP Kemble D. Morrison sold 2,659 shares of Vicor stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $37.00, for a total value of $98,383.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Robert Gendron sold 2,000 shares of the stock in a transaction on Friday, March 8th. The stock was sold at an average price of $36.83, for a total value of $73,660.00. Following the completion of the transaction, the vice president now owns 5,374 shares of the company’s stock, valued at approximately $197,924.42. The disclosure for this sale can be found here. Insiders sold a total of 4,999 shares of company stock valued at $184,990 over the last three months. 31.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on VICR shares. StockNews.com upgraded Vicor from a “sell” rating to a “hold” rating in a research report on Saturday. Craig Hallum downgraded Vicor from a “buy” rating to a “hold” rating and set a $40.00 price target for the company. in a report on Friday, February 23rd.

Vicor Price Performance

Shares of Vicor stock opened at $35.18 on Wednesday. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 29.56 and a beta of 1.53. The firm’s fifty day simple moving average is $38.12 and its 200-day simple moving average is $40.36. Vicor Co. has a 12 month low of $33.70 and a 12 month high of $98.38.

Vicor (NASDAQ:VICR) last announced its earnings results on Thursday, February 22nd. The electronics maker reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.17). The business had revenue of $92.70 million for the quarter, compared to analyst estimates of $107.07 million. Vicor had a return on equity of 10.45% and a net margin of 13.23%. Vicor’s quarterly revenue was down 12.1% on a year-over-year basis. During the same quarter last year, the company posted $0.18 EPS.

Vicor 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.