BlackRock Inc. Increases Stake in Vicor Co. (VICR)

BlackRock Inc. lifted its position in Vicor Co. (NASDAQ:VICR) by 3.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,221,405 shares of the electronics maker’s stock after acquiring an additional 70,575 shares during the period. BlackRock Inc. owned 5.65% of Vicor worth $46,428,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in VICR. BNP Paribas Arbitrage SA increased its position in Vicor by 72.9% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 8,151 shares of the electronics maker’s stock valued at $192,000 after buying an additional 3,436 shares in the last quarter. Wells Fargo & Company MN increased its position in Vicor by 57.1% during the 3rd quarter. Wells Fargo & Company MN now owns 19,622 shares of the electronics maker’s stock valued at $463,000 after buying an additional 7,128 shares in the last quarter. Arizona State Retirement System bought a new position in Vicor during the 4th quarter valued at approximately $572,000. Prudential Financial Inc. increased its position in Vicor by 12.1% during the 3rd quarter. Prudential Financial Inc. now owns 32,162 shares of the electronics maker’s stock valued at $759,000 after buying an additional 3,470 shares in the last quarter. Finally, Rhumbline Advisers increased its position in Vicor by 16.9% during the 4th quarter. Rhumbline Advisers now owns 40,479 shares of the electronics maker’s stock valued at $846,000 after buying an additional 5,859 shares in the last quarter. 25.05% of the stock is owned by hedge funds and other institutional investors.

How to Become a New Pot Stock Millionaire

VICR stock opened at $27.80 on Friday. Vicor Co. has a twelve month low of $15.50 and a twelve month high of $29.25.

Vicor (NASDAQ:VICR) last posted its quarterly earnings data on Thursday, February 22nd. The electronics maker reported $0.02 earnings per share for the quarter. Vicor had a negative return on equity of 0.55% and a net margin of 0.07%. The company had revenue of $58.77 million during the quarter.

In other Vicor news, VP Richard J. Nagel, Jr. sold 2,500 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $26.97, for a total transaction of $67,425.00. Following the sale, the vice president now directly owns 2,500 shares in the company, valued at approximately $67,425. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 38.90% of the company’s stock.

Separately, BidaskClub lowered Vicor from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd.

TRADEMARK VIOLATION WARNING: This story was reported by Ticker Report and is owned by of Ticker Report. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://www.tickerreport.com/banking-finance/3340062/blackrock-inc-increases-stake-in-vicor-co-vicr.html.

Vicor Profile

Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting, regulating, and controlling electric current worldwide. It operates through three segments: Brick Business Unit, VI Chip, and Picor. The company offers modular direct current (DC)-DC converters, open-frame intermediate bus converters, and complementary components; high density zero voltage soft switching DC-DC converters; configurable products; and custom power systems.

Institutional Ownership by Quarter for Vicor (NASDAQ:VICR)

Receive News & Ratings for Vicor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vicor and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Cantor Fitzgerald Raises Intuitive Surgical  Price Target to $510.00
Cantor Fitzgerald Raises Intuitive Surgical Price Target to $510.00
JPMorgan Chase Boosts UnitedHealth Group  Price Target to $266.00
JPMorgan Chase Boosts UnitedHealth Group Price Target to $266.00
Mizuho Reaffirms “Buy” Rating for QUALCOMM
Mizuho Reaffirms “Buy” Rating for QUALCOMM
Noah  and PJT Partners  Critical Review
Noah and PJT Partners Critical Review
Head-To-Head Analysis: The Meet Group  & Quotient Technology
Head-To-Head Analysis: The Meet Group & Quotient Technology
Mersana Therapeutics  Stock Rating Upgraded by Zacks Investment Research
Mersana Therapeutics Stock Rating Upgraded by Zacks Investment Research


Leave a Reply

© 2006-2018 Ticker Report. Google+.