Vicor Corporation $VICR Shares Bought by Herald Investment Management Ltd

Herald Investment Management Ltd boosted its stake in Vicor Corporation (NASDAQ:VICR) by 8.7% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 250,000 shares of the electronics maker’s stock after acquiring an additional 20,000 shares during the quarter. Vicor accounts for about 1.7% of Herald Investment Management Ltd’s portfolio, making the stock its 13th biggest holding. Herald Investment Management Ltd’s holdings in Vicor were worth $12,408,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its position in shares of Vicor by 6.0% in the first quarter. Royal Bank of Canada now owns 15,167 shares of the electronics maker’s stock valued at $709,000 after purchasing an additional 857 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Vicor by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,537 shares of the electronics maker’s stock worth $633,000 after buying an additional 563 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Vicor by 4,634.5% during the first quarter. Millennium Management LLC now owns 264,611 shares of the electronics maker’s stock valued at $12,379,000 after acquiring an additional 259,022 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Vicor by 38.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 41,541 shares of the electronics maker’s stock valued at $1,943,000 after acquiring an additional 11,525 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its position in shares of Vicor by 56.1% in the first quarter. Acadian Asset Management LLC now owns 8,860 shares of the electronics maker’s stock valued at $413,000 after acquiring an additional 3,184 shares in the last quarter. Hedge funds and other institutional investors own 47.45% of the company’s stock.

Insider Transactions at Vicor

In related news, CFO James F. Schmidt sold 5,000 shares of the firm’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $110.00, for a total transaction of $550,000.00. Following the completion of the sale, the chief financial officer directly owned 875 shares of the company’s stock, valued at approximately $96,250. This trade represents a 85.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Patrizio Vinciarelli sold 20,000 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $103.02, for a total transaction of $2,060,400.00. Following the completion of the transaction, the chief executive officer directly owned 9,808,363 shares in the company, valued at $1,010,457,556.26. The trade was a 0.20% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 130,306 shares of company stock worth $13,918,540. 31.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on VICR shares. Needham & Company LLC set a $90.00 target price on shares of Vicor and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Zacks Research upgraded shares of Vicor to a “hold” rating in a research report on Tuesday, December 16th. Roth Mkm reissued a “buy” rating and issued a $175.00 target price on shares of Vicor in a research note on Thursday, January 22nd. Craig Hallum upgraded Vicor from a “hold” rating to a “buy” rating and set a $90.00 price target for the company in a research report on Wednesday, October 22nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vicor in a report on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $118.33.

Vicor Stock Performance

VICR opened at $155.96 on Friday. The stock has a market capitalization of $6.96 billion, a PE ratio of 85.22 and a beta of 1.90. Vicor Corporation has a one year low of $38.92 and a one year high of $177.00. The business’s 50 day moving average price is $134.02 and its 200 day moving average price is $88.83.

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.