James Schmidt Sells 15,500 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICRGet Free Report) CFO James Schmidt sold 15,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $177.19, for a total transaction of $2,746,445.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Vicor Trading Up 2.8%

Shares of Vicor stock opened at $172.57 on Friday. The company has a market cap of $7.71 billion, a PE ratio of 66.12 and a beta of 1.84. The company has a 50 day moving average of $163.76 and a 200-day moving average of $106.87. Vicor Corporation has a 1-year low of $38.92 and a 1-year high of $209.53.

Vicor (NASDAQ:VICRGet Free Report) last announced its quarterly earnings data on Thursday, February 19th. The electronics maker reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.63. Vicor had a net margin of 26.19% and a return on equity of 18.73%. The business had revenue of $362.70 million for the quarter, compared to analysts’ expectations of $107.78 million. During the same period last year, the firm posted $0.23 earnings per share. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on VICR shares. Wall Street Zen cut Vicor from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 23rd. Roth Mkm reiterated a “buy” rating and issued a $175.00 target price on shares of Vicor in a research report on Thursday, January 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Vicor in a research note on Wednesday, January 21st. Finally, Zacks Research raised shares of Vicor from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $118.33.

Get Our Latest Analysis on VICR

Trending Headlines about Vicor

Here are the key news stories impacting Vicor this week:

  • Positive Sentiment: Recent fundamental strength still underpins the stock: Vicor’s most recent quarterly results showed a large EPS and revenue beat (reported Feb. 19) and the company retains multiple Buy/Strong-Buy analyst opinions — factors supporting demand and helping push the share price higher despite insider sales.
  • Neutral Sentiment: Technical/momentum backdrop remains constructive: the 50-day moving average sits well above the 200-day average and the shares are trading well above their 12‑month low, which can attract momentum and thematic flows into the name.
  • Negative Sentiment: CEO Patrizio Vinciarelli sold 50,000 shares on March 12 (avg. $167.46, ~$8.37M), a modest (~0.53%) reduction in his holdings — insider sale may raise short-term selling pressure or investor questions. CEO sale filing
  • Negative Sentiment: Director Estia J. Eichten sold 38,587 shares on March 12 at an avg. $168.27 (~$6.49M), a ~16.8% drop in her ownership — a larger proportional reduction that some investors view as a negative signal. Director sale filing
  • Negative Sentiment: CFO James Schmidt sold 15,500 shares (avg. $177.19, ~$2.75M) on March 11; meaningful dollar-value insider selling from multiple senior executives over the same week can spook some investors. CFO sale filing

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company grew its position 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 worth $47,368,000 after acquiring an additional 421,435 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in Vicor by 1,542.2% in the fourth 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 last quarter. Millennium Management LLC raised its position in Vicor by 4,634.5% in the first quarter. Millennium Management LLC now owns 264,611 shares of the electronics maker’s stock valued at $12,379,000 after purchasing an additional 259,022 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Vicor by 1,921.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 267,882 shares of the electronics maker’s stock valued at $13,319,000 after purchasing an additional 254,630 shares in the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new stake in shares of Vicor during the third quarter valued at about $12,625,000. 47.45% of the stock is currently owned by institutional investors.

Vicor Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Vicor (NASDAQ:VICR)

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