Vicor Corporation $VICR Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP cut its stake in Vicor Corporation (NASDAQ:VICR) by 54.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,240 shares of the electronics maker’s stock after selling 18,088 shares during the period. GSA Capital Partners LLP’s holdings in Vicor were worth $1,670,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP raised its holdings in Vicor by 960.0% in the fourth quarter. Allworth Financial LP now owns 318 shares of the electronics maker’s stock valued at $35,000 after acquiring an additional 288 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in Vicor by 32,400.0% in the fourth quarter. SBI Securities Co. Ltd. now owns 325 shares of the electronics maker’s stock valued at $36,000 after acquiring an additional 324 shares in the last quarter. NBC Securities Inc. acquired a new stake in Vicor in the fourth quarter valued at $36,000. First PREMIER Bank acquired a new stake in Vicor in the fourth quarter valued at $55,000. Finally, GoalVest Advisory LLC acquired a new stake in Vicor in the fourth quarter valued at $57,000. 47.45% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Vicor Price Performance

VICR stock opened at $243.43 on Wednesday. Vicor Corporation has a 1-year low of $40.54 and a 1-year high of $316.82. The firm has a fifty day moving average price of $212.46 and a two-hundred day moving average price of $158.22. The firm has a market cap of $11.10 billion, a price-to-earnings ratio of 81.41 and a beta of 2.33.

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

Insider Activity at Vicor

In other news, CEO Patrizio Vinciarelli sold 50,000 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $201.54, for a total transaction of $10,077,000.00. Following the completion of the transaction, the chief executive officer owned 9,608,163 shares in the company, valued at approximately $1,936,429,171.02. This represents a 0.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 748,666 shares of company stock worth $145,530,238 in the last three months. 31.30% of the stock is currently owned by corporate insiders.

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.