WINTON GROUP Ltd Sells 10,132 Shares of Vicor Corporation $VICR

WINTON GROUP Ltd reduced its position in shares of Vicor Corporation (NASDAQ:VICR) by 43.6% in the fourth quarter, Holdings Channel reports. The fund owned 13,095 shares of the electronics maker’s stock after selling 10,132 shares during the quarter. WINTON GROUP Ltd’s holdings in Vicor were worth $1,435,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of VICR. Millennium Management LLC lifted 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 worth $12,379,000 after buying an additional 259,022 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Vicor by 1,921.4% in the third quarter. Arrowstreet Capital Limited Partnership now owns 267,882 shares of the electronics maker’s stock worth $13,319,000 after buying an additional 254,630 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in Vicor in the third quarter worth $12,625,000. UBS Group AG lifted its position in Vicor by 643.6% in the third quarter. UBS Group AG now owns 104,076 shares of the electronics maker’s stock worth $5,175,000 after buying an additional 90,079 shares during the last quarter. Finally, Qube Research & Technologies Ltd lifted its position in Vicor by 172.2% in the third quarter. Qube Research & Technologies Ltd now owns 98,366 shares of the electronics maker’s stock worth $4,891,000 after buying an additional 62,233 shares during the last quarter. 47.45% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on VICR. Wall Street Zen downgraded Vicor from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Roth Mkm restated a “buy” rating and issued a $245.00 price target on shares of Vicor in a research report on Monday, April 20th. Zacks Research upgraded Vicor from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Weiss Ratings restated a “hold (c+)” rating on shares of Vicor in a research report on Monday, June 1st. Finally, Needham & Company LLC raised their price target on Vicor from $260.00 to $350.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $228.33.

Vicor Stock Up 1.4%

VICR stock opened at $274.97 on Tuesday. The business’s fifty day simple moving average is $248.01 and its two-hundred day simple moving average is $179.38. Vicor Corporation has a twelve month low of $41.76 and a twelve month high of $361.89. The firm has a market cap of $12.53 billion, a price-to-earnings ratio of 91.96 and a beta of 2.36.

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

Insiders Place Their Bets

In other Vicor news, VP Nancy L. Grava sold 323 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $355.00, for a total value of $114,665.00. Following the sale, the vice president owned 323 shares in the company, valued at $114,665. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Patrizio Vinciarelli sold 20,000 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $311.85, for a total value of $6,237,000.00. Following the completion of the sale, the chief executive officer owned 8,728,090 shares in the company, valued at approximately $2,721,854,866.50. The trade was a 0.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 626,706 shares of company stock valued at $134,443,906. Insiders own 31.30% of the company’s stock.

About Vicor

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.