Alvaro Doyle Sells 4,041 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICR) VP Alvaro Doyle sold 4,041 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $286.91, for a total value of $1,159,403.31. Following the completion of the transaction, the vice president directly owned 42 shares of the company’s stock, valued at approximately $12,050.22. The trade was a 98.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Alvaro Doyle also recently made the following trade(s):

• On Thursday, April 23rd, Alvaro Doyle sold 8,000 shares of Vicor stock. The stock was sold at an average price of $259.90, for a total value of $2,079,200.00.
• On Monday, February 23rd, Alvaro Doyle sold 7,913 shares of Vicor stock. The stock was sold at an average price of $172.83, for a total value of $1,367,603.79.

Vicor Trading Down 6.1%

Shares of VICR opened at $290.54 on Friday. Vicor Corporation has a 1 year low of $40.54 and a 1 year high of $316.82. The stock has a 50 day simple moving average of $208.09 and a 200-day simple moving average of $154.73. The stock has a market cap of $13.24 billion, a PE ratio of 97.17 and a beta of 2.33.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on VICR shares. Roth Mkm reissued a “buy” rating and issued a $245.00 target price on shares of Vicor in a report on Monday, April 20th. Wall Street Zen cut Vicor from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Zacks Research raised Vicor from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vicor in a report on Wednesday, January 21st. Finally, Needham & Company LLC raised their price target on Vicor from $180.00 to $260.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $198.33.

Institutional Investors Weigh In On Vicor

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Entropy Technologies LP acquired a new stake in shares of Vicor in the 1st quarter valued at $1,003,000. Renaissance Technologies LLC increased its stake in shares of Vicor by 363.7% in the 1st quarter. Renaissance Technologies LLC now owns 47,300 shares of the electronics maker’s stock valued at $7,615,000 after buying an additional 37,100 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Vicor by 43.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 536,274 shares of the electronics maker’s stock valued at $86,340,000 after buying an additional 162,186 shares during the period. Sei Investments Co. increased its stake in shares of Vicor by 50.3% in the 1st quarter. Sei Investments Co. now owns 26,673 shares of the electronics maker’s stock valued at $4,294,000 after buying an additional 8,924 shares during the period. Finally, Cetera Investment Advisers acquired a new stake in shares of Vicor in the 1st quarter valued at $248,000. 47.45% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Vicor

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Vicor’s latest earnings report beat expectations, with EPS of $0.44 versus $0.40 expected and revenue of $112.97 million topping estimates, while sales rose 20.2% year over year. Vicor earnings and stock overview
• Positive Sentiment: Recent coverage highlighted record AI data-center demand as a key growth driver for Vicor, supporting the rally and keeping investors focused on upside tied to power-efficient computing hardware. Vicor record data-center demand article
• Neutral Sentiment: Jim Cramer commented on Vicor, saying investors who do not already own it should be patient, adding to the stock’s visibility but not changing the fundamental picture. Jim Cramer on Vicor
• Negative Sentiment: Several insiders sold shares over the past few days, including Director Andrew D’amico and VP Kemble Morrison, which can create near-term caution after a sharp run-up. Vicor insider selling

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.