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.
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.
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.
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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.
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