Nancy L. Grava Sells 1,277 Shares of Vicor Co. (NASDAQ:VICR) Stock

Vicor Co. (NASDAQ:VICR) VP Nancy L. Grava sold 1,277 shares of the stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $33.91, for a total value of $43,303.07. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Vicor Stock Performance

Vicor stock opened at $33.21 on Thursday. The stock has a market cap of $1.48 billion, a PE ratio of 33.21 and a beta of 1.53. The stock has a 50-day moving average of $35.98 and a two-hundred day moving average of $38.77. Vicor Co. has a one year low of $30.90 and a one year high of $98.38.

Vicor (NASDAQ:VICR) last posted its quarterly earnings results on Tuesday, April 23rd. The electronics maker reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.04). The company had revenue of $83.80 million during the quarter, compared to analysts’ expectations of $84.83 million. Vicor had a return on equity of 8.55% and a net margin of 11.49%. The company’s quarterly revenue was down 14.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.25 EPS.

Institutional Trading of Vicor

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sapient Capital LLC purchased a new position in Vicor during the fourth quarter valued at approximately $2,007,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Vicor by 3.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 172,385 shares of the electronics maker’s stock valued at $10,152,000 after purchasing an additional 5,199 shares in the last quarter. Yousif Capital Management LLC lifted its stake in shares of Vicor by 8.7% in the 4th quarter. Yousif Capital Management LLC now owns 11,280 shares of the electronics maker’s stock valued at $507,000 after purchasing an additional 900 shares during the period. Schonfeld Strategic Advisors LLC purchased a new stake in Vicor during the third quarter worth $760,000. Finally, Teachers Retirement System of The State of Kentucky grew its position in Vicor by 12.1% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 22,264 shares of the electronics maker’s stock valued at $1,311,000 after buying an additional 2,400 shares during the period. Institutional investors and hedge funds own 47.45% of the company’s stock.

Wall Street Analyst Weigh In

VICR has been the subject of a number of recent analyst reports. Needham & Company LLC restated a “hold” rating on shares of Vicor in a report on Wednesday, April 24th. StockNews.com cut shares of Vicor from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Craig Hallum decreased their price objective on shares of Vicor from $40.00 to $35.00 and set a “hold” rating for the company in a report on Wednesday, April 24th.

Vicor Company 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.