Vicor (NASDAQ:VICR) VP Sells $295,724.80 in Stock

Vicor Corporation (NASDAQ:VICR) VP Sean Crilly sold 1,640 shares of the stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $180.32, for a total value of $295,724.80. Following the transaction, the vice president owned 9,729 shares of the company’s stock, valued at approximately $1,754,333.28. This trade represents a 14.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Sean Crilly also recently made the following trade(s):

• On Friday, February 27th, Sean Crilly sold 6,000 shares of Vicor stock. The shares were sold at an average price of $197.73, for a total value of $1,186,380.00.

Vicor Trading Down 11.3%

Shares of VICR stock traded down $20.54 on Friday, hitting $161.38. 696,048 shares of the stock were exchanged, compared to its average volume of 723,910. The firm has a market capitalization of $7.21 billion, a P/E ratio of 61.83 and a beta of 1.84. Vicor Corporation has a fifty-two week low of $38.92 and a fifty-two week high of $209.53. The business has a 50-day moving average of $156.66 and a 200 day moving average of $101.75.

Vicor (NASDAQ:VICR) last announced its earnings results 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 return on equity of 18.73% and a net margin of 26.19%.The business had revenue of $362.70 million for the quarter, compared to analyst estimates of $107.78 million. During the same quarter last year, the firm earned $0.23 EPS. Vicor’s revenue for the quarter was up 11.5% compared to the same quarter last year.

Analyst Ratings Changes

A number of research firms recently weighed in on VICR. Wall Street Zen downgraded shares of Vicor from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 23rd. Roth Mkm restated a “buy” rating and set a $175.00 price objective on shares of Vicor in a research note on Thursday, January 22nd. Zacks Research upgraded Vicor from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Vicor in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $118.33.

Institutional Trading of Vicor

A number of large investors have recently added to or reduced their stakes in the company. Federated Hermes Inc. acquired a new position in shares of Vicor during the 4th quarter worth about $27,000. Harbour Investments Inc. bought a new position in Vicor during the fourth quarter worth about $32,000. Allworth Financial LP grew its holdings in Vicor by 960.0% during the fourth quarter. Allworth Financial LP now owns 318 shares of the electronics maker’s stock worth $35,000 after purchasing an additional 288 shares during the period. SBI Securities Co. Ltd. increased its position in Vicor by 32,400.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 325 shares of the electronics maker’s stock worth $36,000 after buying an additional 324 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in Vicor in the fourth quarter valued at approximately $36,000. Institutional investors and hedge funds own 47.45% of the company’s stock.

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.