Vicor (NASDAQ:VICR – Get Free Report) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday, Zacks reports.
Several other equities research analysts also recently weighed in on the stock. Weiss Ratings downgraded shares of Vicor from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, September 18th. Roth Capital reaffirmed a “buy” rating and set a $375.00 price target on shares of Vicor in a research report on Tuesday, September 22nd. Craig Hallum lifted their price target on Vicor to $450.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Finally, Needham & Company LLC boosted their price objective on Vicor from $320.00 to $350.00 and gave the company a “buy” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $391.67.
Check Out Our Latest Research Report on Vicor
Vicor Trading Up 0.1%
Vicor (NASDAQ:VICR – Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The electronics maker reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.39. Vicor had a net margin of 30.65% and a return on equity of 19.83%. The business had revenue of $143.35 million during the quarter, compared to analyst estimates of $138.37 million. During the same quarter in the previous year, the firm earned $0.91 earnings per share. The business’s revenue was up 49.3% compared to the same quarter last year. As a group, equities analysts predict that Vicor will post 3.76 earnings per share for the current fiscal year.
Insider Activity
In other news, CEO Patrizio Vinciarelli sold 700 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $302.40, for a total transaction of $211,680.00. Following the sale, the chief executive officer directly owned 8,347,390 shares in the company, valued at approximately $2,524,250,736. This represents a 0.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Philip Davies sold 3,073 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $177.70, for a total value of $546,072.10. Following the transaction, the vice president owned 1,920 shares of the company’s stock, valued at $341,184. This represents a 61.55% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 7,753 shares of company stock valued at $1,635,064. 28.30% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Vicor
A number of hedge funds have recently added to or reduced their stakes in VICR. Harbour Investments Inc. bought a new position in shares of Vicor during the fourth quarter worth about $32,000. Blue Trust Inc. lifted its position in Vicor by 1,814.3% in the 1st quarter. Blue Trust Inc. now owns 268 shares of the electronics maker’s stock valued at $43,000 after purchasing an additional 254 shares during the last quarter. ROSS JOHNSON & Associates LLC lifted its position in Vicor by 13,750.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 277 shares of the electronics maker’s stock valued at $45,000 after purchasing an additional 275 shares during the last quarter. Meeder Asset Management Inc. boosted its stake in Vicor by 189.4% during the 1st quarter. Meeder Asset Management Inc. now owns 301 shares of the electronics maker’s stock valued at $48,000 after purchasing an additional 197 shares during the period. Finally, Carolina Wealth Advisors LLC grew its position in Vicor by 70.9% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 147 shares of the electronics maker’s stock worth $56,000 after purchasing an additional 61 shares during the last quarter. 47.45% of the stock is currently owned by institutional investors.
Key Stories Impacting Vicor
Here are the key news stories impacting Vicor this week:
- Positive Sentiment: Vicor raised its third-quarter sequential revenue-growth outlook to more than 30%, citing strong demand and increased VPD licensing royalties. The outlook revision triggered a sharp premarket rally and remains the primary reason for the stock’s recent strength. Vicor Stock Soars 11% On Another Outlook Hike
- Positive Sentiment: Needham raised its Vicor price target from $320 to $350 and maintained a “Buy” rating, signaling continued confidence in the company’s growth outlook and providing additional support for the shares. Stock Market Today: S&P 500 Slips as Micron Fails to Impress Markets
- Positive Sentiment: Zacks added VICR to its Rank #1 “Strong Buy” list and separately included it among its best momentum stocks for October 2. These rankings may attract additional momentum-oriented buying. New Strong Buy Stocks for October 2nd Best Momentum Stock to Buy for October 2nd
- Positive Sentiment: Recent coverage highlights Vicor’s strong sales and earnings growth, with shares up 251% since an institutional outlier signal in 2023. The performance reinforces the stock’s momentum but also reflects how much optimism is already priced in. Huge Sales and Earnings Growth Send Vicor Shares Higher
- Neutral Sentiment: Vicor was featured among the market’s major movers alongside AI, semiconductor, and energy names. Broader market conditions—including elevated Treasury yields and oil prices—could contribute to volatility, but the reported Vicor move was driven primarily by company-specific guidance. Market Watch: Micron, Alphabet, Constellation Energy, and Vicor Drive Thursday Trading
About Vicor
Vicor Corporation (NASDAQ:VICR) designs, develops, manufactures and markets modular power-conversion products and systems. Its technologies are used to convert, regulate and distribute electrical power in electronic equipment, with an emphasis on compact, efficient and scalable power-delivery architectures.
The company’s product portfolio includes AC-to-DC and DC-to-DC converters, power modules, power systems and related components. Vicor’s Factorized Power Architecture and associated products are designed to support power delivery from the source to processors, memory, communications equipment and other demanding loads.
Founded in 1981 and headquartered in Andover, Massachusetts, Vicor serves customers and markets worldwide.
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