Los Angeles Capital Management LLC Increases Stock Position in Vicor Co. (NASDAQ:VICR)

Los Angeles Capital Management LLC boosted its holdings in shares of Vicor Co. (NASDAQ:VICR) by 71.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,936 shares of the electronics maker’s stock after buying an additional 11,666 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Vicor were worth $1,255,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Eagle Asset Management Inc. purchased a new position in shares of Vicor in the 3rd quarter valued at $12,335,000. Principal Financial Group Inc. raised its holdings in Vicor by 105.9% in the third quarter. Principal Financial Group Inc. now owns 175,180 shares of the electronics maker’s stock worth $10,316,000 after purchasing an additional 90,099 shares in the last quarter. AWM Investment Company Inc. lifted its position in shares of Vicor by 54.8% during the third quarter. AWM Investment Company Inc. now owns 204,960 shares of the electronics maker’s stock valued at $12,070,000 after buying an additional 72,526 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Vicor by 84.0% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 149,747 shares of the electronics maker’s stock valued at $8,819,000 after buying an additional 68,361 shares in the last quarter. Finally, Sapient Capital LLC purchased a new position in shares of Vicor in the 4th quarter worth approximately $2,007,000. Institutional investors own 47.45% of the company’s stock.

Vicor Trading Up 0.2 %

Shares of Vicor stock opened at $33.21 on Thursday. Vicor Co. has a 12-month low of $30.90 and a 12-month high of $98.38. The firm’s 50 day simple moving average is $35.98 and its two-hundred day simple moving average is $38.77. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 33.21 and a beta of 1.53.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Craig Hallum lowered their target price on shares of Vicor from $40.00 to $35.00 and set a “hold” rating for the company in a research note on Wednesday, April 24th. Needham & Company LLC reissued a “hold” rating on shares of Vicor in a research report on Wednesday, April 24th. Finally, StockNews.com lowered Vicor from a “hold” rating to a “sell” rating in a research report on Wednesday.

Insider Activity at Vicor

In other Vicor news, VP Kemble D. Morrison sold 2,659 shares of Vicor stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $37.00, for a total transaction of $98,383.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Vicor news, VP Kemble D. Morrison sold 2,659 shares of Vicor stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $37.00, for a total transaction of $98,383.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Robert Gendron sold 2,000 shares of the business’s stock in a transaction dated 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 directly 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 have sold a total of 6,276 shares of company stock worth $228,293 over the last quarter. Insiders own 31.30% of the company’s stock.

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.