Claudio Tuozzolo Sells 4,469 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICR) VP Claudio Tuozzolo sold 4,469 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $174.60, for a total value of $780,287.40. Following the transaction, the vice president owned 29,153 shares in the company, valued at $5,090,113.80. This trade represents a 13.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Vicor Stock Performance

Shares of Vicor stock traded up $15.27 during trading hours on Tuesday, reaching $187.07. The company’s stock had a trading volume of 613,297 shares, compared to its average volume of 670,209. Vicor Corporation has a one year low of $38.92 and a one year high of $189.00. The company’s 50 day simple moving average is $141.43 and its 200 day simple moving average is $93.99. The stock has a market cap of $8.35 billion, a P/E ratio of 71.50 and a beta of 1.90.

Vicor (NASDAQ:VICR) last released its quarterly earnings data on Thursday, February 19th. The electronics maker reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.63. Vicor had a net margin of 26.19% and a return on equity of 18.73%. The firm had revenue of $107.26 million for the quarter, compared to analyst estimates of $107.78 million. During the same quarter in the prior year, the business earned $0.23 earnings per share. Vicor’s quarterly revenue was up 11.5% on a year-over-year basis.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VICR. Summit Global Investments purchased a new stake in shares of Vicor during the third quarter valued at $1,050,000. Colrain Capital LLC increased its stake in Vicor by 10.4% in the 3rd quarter. Colrain Capital LLC now owns 254,140 shares of the electronics maker’s stock worth $12,636,000 after purchasing an additional 23,940 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Vicor during the 3rd quarter worth about $448,000. Public Sector Pension Investment Board lifted its stake in Vicor by 13.4% during the third quarter. Public Sector Pension Investment Board now owns 89,312 shares of the electronics maker’s stock valued at $4,441,000 after buying an additional 10,532 shares in the last quarter. Finally, Edgestream Partners L.P. purchased a new position in shares of Vicor in the second quarter worth approximately $1,559,000. 47.45% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on VICR shares. Wall Street Zen lowered Vicor from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 23rd. Zacks Research raised shares of Vicor to a “hold” rating in a report on Tuesday, December 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Vicor in a research note on Wednesday, January 21st. Finally, Roth Mkm restated a “buy” rating and issued a $175.00 price target on shares of Vicor in a research note on Thursday, January 22nd. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $118.33.

Vicor Company Profile

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.