Vicor (NASDAQ:VICR) Director Andrew D’amico Sells 200 Shares

Vicor Corporation (NASDAQ:VICR) Director Andrew D’amico sold 200 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $155.00, for a total value of $31,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Andrew D’amico also recently made the following trade(s):

• On Thursday, January 15th, Andrew D’amico sold 200 shares of Vicor stock. The stock was sold at an average price of $150.00, for a total value of $30,000.00.
• On Monday, January 5th, Andrew D’amico sold 400 shares of Vicor stock. The stock was sold at an average price of $142.50, for a total transaction of $57,000.00.
• On Friday, December 19th, Andrew D’amico sold 754 shares of Vicor stock. The stock was sold at an average price of $104.00, for a total value of $78,416.00.
• On Monday, November 17th, Andrew D’amico sold 2,000 shares of Vicor stock. The shares were sold at an average price of $87.69, for a total value of $175,380.00.
• On Wednesday, November 12th, Andrew D’amico sold 1,908 shares of Vicor stock. The shares were sold at an average price of $99.13, for a total value of $189,140.04.
• On Friday, October 24th, Andrew D’amico sold 2,071 shares of Vicor stock. The shares were sold at an average price of $94.80, for a total value of $196,330.80.
• On Thursday, October 23rd, Andrew D’amico sold 565 shares of Vicor stock. The stock was sold at an average price of $90.00, for a total transaction of $50,850.00.

Vicor Stock Up 3.0%

NASDAQ VICR traded up $4.68 on Wednesday, hitting $162.08. The company’s stock had a trading volume of 464,942 shares, compared to its average volume of 729,682. The company’s 50-day moving average is $108.34 and its 200 day moving average is $74.73. The firm has a market cap of $7.24 billion, a PE ratio of 88.57 and a beta of 1.90. Vicor Corporation has a 1-year low of $38.92 and a 1-year high of $162.63.

Vicor (NASDAQ:VICR) last issued its quarterly earnings results on Tuesday, October 21st. The electronics maker reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.43. The company had revenue of $110.42 million for the quarter, compared to analyst estimates of $95.40 million. Vicor had a net margin of 18.63% and a return on equity of 13.77%. Vicor’s revenue was up 18.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.26 earnings per share.

Analyst Ratings Changes

VICR has been the topic of several recent analyst reports. Needham & Company LLC set a $90.00 price target on Vicor and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Roth Capital began coverage on Vicor in a research report on Tuesday, December 16th. They set a “buy” rating and a $115.00 target price on the stock. Wall Street Zen downgraded shares of Vicor from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Vicor in a research note on Wednesday, October 8th. Finally, Craig Hallum raised shares of Vicor from a “hold” rating to a “buy” rating and set a $90.00 price objective on the stock in a research note on Wednesday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Vicor presently has a consensus rating of “Moderate Buy” and an average price target of $98.33.

Institutional Trading of Vicor

Institutional investors and hedge funds have recently modified their holdings of the business. Nisa Investment Advisors LLC boosted its position in Vicor by 53.4% in the third quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker’s stock worth $30,000 after purchasing an additional 210 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Vicor by 13.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the electronics maker’s stock valued at $56,000 after purchasing an additional 136 shares during the period. Strs Ohio purchased a new stake in shares of Vicor in the first quarter worth about $56,000. GoalVest Advisory LLC bought a new stake in Vicor during the fourth quarter valued at $57,000. Finally, iSAM Funds UK Ltd purchased a new position in shares of Vicor during the third quarter worth about $79,000. 47.45% of the stock is owned by hedge funds and other institutional investors.

About Vicor

Vicor Corporation is a designer and manufacturer of modular power components and systems, serving a wide range of industries that demand high performance and efficiency. Headquartered in Andover, Massachusetts, the company develops power conversion solutions that help customers optimize energy delivery in applications from telecommunications and data centers to industrial and automotive systems.

The company’s product portfolio includes high-density DC-DC converters, AC-DC front-end modules, point-of-load regulators and complete power systems that combine multiple conversion stages in a single package.