Vicor Co. (NASDAQ:VICR) Shares Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC lifted its position in shares of Vicor Co. (NASDAQ:VICR) by 8.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,280 shares of the electronics maker’s stock after buying an additional 900 shares during the period. Yousif Capital Management LLC’s holdings in Vicor were worth $507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Duality Advisers LP increased its holdings in shares of Vicor by 24.2% during the 4th quarter. Duality Advisers LP now owns 21,234 shares of the electronics maker’s stock worth $954,000 after buying an additional 4,142 shares during the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of Vicor during the 4th quarter worth approximately $508,000. Byrne Asset Management LLC acquired a new stake in shares of Vicor during the 4th quarter worth approximately $35,000. Sapient Capital LLC acquired a new stake in shares of Vicor during the 4th quarter worth approximately $2,007,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Vicor during the 4th quarter worth approximately $458,000. Institutional investors and hedge funds own 47.45% of the company’s stock.

Wall Street Analysts Forecast Growth

VICR has been the subject of a number of recent analyst reports. Needham & Company LLC restated a “hold” rating on shares of Vicor in a report on Wednesday, April 24th. Craig Hallum dropped their target price on shares of Vicor from $40.00 to $35.00 and set a “hold” rating for the company in a report on Wednesday, April 24th. Finally, StockNews.com downgraded shares of Vicor from a “hold” rating to a “sell” rating in a report on Sunday, April 28th.

Insiders Place Their Bets

In other Vicor news, VP Robert Gendron sold 2,000 shares of the business’s stock in a transaction on Friday, March 8th. The shares were sold at an average price of $36.83, for a total value of $73,660.00. Following the completion of the transaction, the vice president now owns 5,374 shares in the company, valued at $197,924.42. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Vicor news, VP Kemble D. Morrison sold 2,659 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $37.00, for a total value of $98,383.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Robert Gendron sold 2,000 shares of the business’s stock in a transaction on Friday, March 8th. The stock was sold at an average price of $36.83, for a total transaction of $73,660.00. Following the completion of the transaction, the vice president now owns 5,374 shares of the company’s stock, valued at approximately $197,924.42. The disclosure for this sale can be found here. Insiders sold a total of 4,999 shares of company stock worth $184,990 over the last 90 days. Corporate insiders own 31.30% of the company’s stock.

Vicor Stock Performance

Vicor stock opened at $33.96 on Monday. Vicor Co. has a fifty-two week low of $30.90 and a fifty-two week high of $98.38. The firm has a 50 day moving average price of $36.25 and a 200 day moving average price of $39.08. The company has a market capitalization of $1.51 billion, a PE ratio of 33.96 and a beta of 1.53.

Vicor (NASDAQ:VICR) last posted its earnings results on Tuesday, April 23rd. The electronics maker reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.04). The company had revenue of $83.80 million during the quarter, compared to analyst estimates of $84.83 million. Vicor had a net margin of 11.49% and a return on equity of 8.55%. The firm’s revenue for the quarter was down 14.3% on a year-over-year basis. During the same quarter last year, the business posted $0.25 EPS.

Vicor Profile

Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters; complementary components provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as electrical and mechanical accessories.