Sean Crilly Sells 6,000 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICR) VP Sean Crilly sold 6,000 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $197.73, for a total value of $1,186,380.00. Following the sale, the vice president directly owned 9,729 shares in the company, valued at approximately $1,923,715.17. This trade represents a 38.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Vicor Stock Down 3.5%

VICR opened at $201.97 on Wednesday. Vicor Corporation has a twelve month low of $38.92 and a twelve month high of $209.53. The company has a 50-day simple moving average of $153.28 and a 200 day simple moving average of $100.47. The stock has a market capitalization of $9.02 billion, a price-to-earnings ratio of 77.38 and a beta of 1.84.

Vicor (NASDAQ:VICR) last released its earnings results on Thursday, February 19th. The electronics maker reported $1.01 EPS for the quarter, beating 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 $362.70 million for the quarter, compared to analyst estimates of $107.78 million. During the same period last year, the firm earned $0.23 EPS. The business’s quarterly revenue was up 11.5% compared to the same quarter last year.

Institutional Investors Weigh In On Vicor

A number of hedge funds and other institutional investors have recently bought and sold shares of VICR. Federated Hermes Inc. bought a new position in Vicor in the fourth quarter valued at about $27,000. Nisa Investment Advisors LLC increased its stake in shares of Vicor by 53.4% in the third quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker’s stock valued at $30,000 after buying an additional 210 shares during the period. Harbour Investments Inc. bought a new position in Vicor in the 4th quarter valued at approximately $32,000. Allworth Financial LP boosted its position in Vicor by 960.0% during the 4th quarter. Allworth Financial LP now owns 318 shares of the electronics maker’s stock worth $35,000 after buying an additional 288 shares during the period. Finally, NBC Securities Inc. bought a new stake in Vicor during the 4th quarter worth approximately $36,000. Institutional investors own 47.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on VICR shares. Weiss Ratings restated a “hold (c)” rating on shares of Vicor in a research note on Wednesday, January 21st. Zacks Research upgraded Vicor from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Wall Street Zen lowered Vicor from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 23rd. Finally, Roth Mkm reissued a “buy” rating and set a $175.00 target price on shares of Vicor in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Vicor currently has an average rating of “Buy” and an average price target 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.