Vicor (NASDAQ:VICR) Director Sells $171,211.95 in Stock

Vicor Corporation (NASDAQ:VICR) Director Andrew D’amico sold 565 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $303.03, for a total value of $171,211.95. Following the completion of the sale, the director owned 565 shares of the company’s stock, valued at $171,211.95. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, May 4th, Andrew D’amico sold 7,512 shares of Vicor stock. The stock was sold at an average price of $252.89, for a total value of $1,899,709.68.
• On Monday, April 27th, Andrew D’amico sold 800 shares of Vicor stock. The stock was sold at an average price of $277.00, for a total value of $221,600.00.

Vicor Stock Up 1.6%

VICR traded up $4.79 during trading on Wednesday, reaching $297.32. The stock had a trading volume of 226,712 shares, compared to its average volume of 820,350. The firm has a market capitalization of $13.55 billion, a price-to-earnings ratio of 100.23 and a beta of 2.33. Vicor Corporation has a 1-year low of $40.54 and a 1-year high of $313.52. The stock has a 50 day moving average of $204.32 and a two-hundred day moving average of $151.80.

Vicor (NASDAQ:VICR) last released its earnings results on Tuesday, April 21st. The electronics maker reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.04. The firm had revenue of $112.97 million during the quarter, compared to the consensus estimate of $109.05 million. Vicor had a return on equity of 20.21% and a net margin of 28.98%.The firm’s revenue for the quarter was up 20.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.06 earnings per share. On average, research analysts forecast that Vicor Corporation will post 2.71 EPS for the current fiscal year.

Vicor News Roundup

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Vicor’s recent earnings beat expectations, with revenue and EPS both ahead of estimates and management commentary supporting ongoing demand in data-center and AI power systems.
• Positive Sentiment: Recent coverage highlighted Vicor as a beneficiary of record data-center demand, reinforcing the bullish case around its power-conversion products. Article Title
• Neutral Sentiment: Heavy call-option buying and elevated analyst/media attention suggest traders are still focused on VICR as a momentum name, even after the latest pullback.
• Negative Sentiment: Multiple insiders sold shares on May 11, including VP Kemble Morrison, General Manager Michael McNamara, and CAO Quentin Fendelet, which may have raised concerns that the stock had run too far too fast.
• Negative Sentiment: Market commentary suggests the decline is being driven by post-rally profit-taking and sensitivity to insider-sale headlines rather than a new fundamental problem, but that still weighs on near-term sentiment.

Institutional Trading of Vicor

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Vicor by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 2,534,534 shares of the electronics maker’s stock valued at $277,785,000 after purchasing an additional 60,963 shares during the period. Dimensional Fund Advisors LP raised its stake in Vicor by 4.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 578,515 shares of the electronics maker’s stock valued at $28,759,000 after purchasing an additional 25,393 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Vicor by 1,542.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 439,820 shares of the electronics maker’s stock valued at $48,205,000 after purchasing an additional 413,038 shares during the period. The Manufacturers Life Insurance Company raised its stake in Vicor by 3,918.9% during the 4th quarter. The Manufacturers Life Insurance Company now owns 432,189 shares of the electronics maker’s stock valued at $47,368,000 after purchasing an additional 421,435 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in Vicor by 39.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 374,088 shares of the electronics maker’s stock valued at $41,000,000 after purchasing an additional 106,206 shares during the period. 47.45% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on VICR shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Vicor in a research report on Wednesday, January 21st. Needham & Company LLC increased their price objective on Vicor from $180.00 to $260.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Wall Street Zen downgraded Vicor from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Roth Mkm reiterated a “buy” rating and set a $245.00 price objective on shares of Vicor in a research report on Monday, April 20th. Finally, Zacks Research upgraded Vicor from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $198.33.

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.