GAMMA Investing LLC Purchases 62,602 Shares of Vicor Co. (NASDAQ:VICR)

GAMMA Investing LLC raised its position in shares of Vicor Co. (NASDAQ:VICR) by 5,190.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 63,808 shares of the electronics maker’s stock after purchasing an additional 62,602 shares during the quarter. GAMMA Investing LLC owned 0.14% of Vicor worth $2,985,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Ashford Capital Management Inc. lifted its position in shares of Vicor by 2.5% during the 4th quarter. Ashford Capital Management Inc. now owns 24,150 shares of the electronics maker’s stock valued at $1,167,000 after buying an additional 600 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Vicor by 21.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 30,016 shares of the electronics maker’s stock valued at $1,450,000 after buying an additional 5,361 shares in the last quarter. Squarepoint Ops LLC purchased a new position in shares of Vicor during the 4th quarter valued at about $1,126,000. State of Wyoming lifted its position in shares of Vicor by 66.6% during the 4th quarter. State of Wyoming now owns 5,289 shares of the electronics maker’s stock valued at $256,000 after buying an additional 2,114 shares in the last quarter. Finally, Summit Partners Public Asset Management LLC purchased a new position in shares of Vicor during the 4th quarter valued at about $17,787,000. 47.45% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on VICR. Needham & Company LLC reaffirmed a “hold” rating on shares of Vicor in a research report on Tuesday, February 18th. Craig Hallum raised Vicor from a “hold” rating to a “strong-buy” rating in a report on Friday, February 14th. Finally, Wall Street Zen cut Vicor from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th.

Vicor Trading Down 0.9%

NASDAQ VICR opened at $45.00 on Friday. The stock’s 50 day moving average is $44.59 and its 200 day moving average is $49.76. Vicor Co. has a 12 month low of $31.65 and a 12 month high of $65.70. The stock has a market cap of $2.03 billion, a PE ratio of 86.54 and a beta of 1.77.

Vicor (NASDAQ:VICR) last posted its quarterly earnings results on Tuesday, April 29th. The electronics maker reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.23). The business had revenue of $93.97 million during the quarter, compared to analysts’ expectations of $96.63 million. Vicor had a return on equity of 4.29% and a net margin of 6.46%. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.06 earnings per share.

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.