Vicor (NASDAQ:VICR) Director Andrew D’amico Sells 754 Shares

Vicor Corporation (NASDAQ:VICR) Director Andrew D’amico sold 754 shares of Vicor stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $104.00, for a total transaction of $78,416.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Andrew D’amico also recently made the following trade(s):

• On Monday, November 17th, Andrew D’amico sold 2,000 shares of Vicor stock. The stock was sold at an average price of $87.69, for a total transaction of $175,380.00.
• On Wednesday, November 12th, Andrew D’amico sold 1,908 shares of Vicor stock. The stock was sold at an average price of $99.13, for a total transaction of $189,140.04.
• On Friday, October 24th, Andrew D’amico sold 2,071 shares of Vicor stock. The shares were sold at an average price of $94.80, for a total transaction of $196,330.80.
• On Thursday, October 23rd, Andrew D’amico sold 565 shares of Vicor stock. The shares were sold at an average price of $90.00, for a total value of $50,850.00.
• On Wednesday, October 22nd, Andrew D’amico sold 14,677 shares of Vicor stock. The stock was sold at an average price of $82.53, for a total value of $1,211,292.81.
• On Tuesday, October 21st, Andrew D’amico sold 1,000 shares of Vicor stock. The stock was sold at an average price of $68.00, for a total value of $68,000.00.

Vicor Stock Up 6.3%

Shares of NASDAQ VICR opened at $111.02 on Tuesday. Vicor Corporation has a twelve month low of $38.92 and a twelve month high of $112.31. The firm has a market cap of $4.96 billion, a PE ratio of 60.67 and a beta of 1.94. The business has a fifty day simple moving average of $88.32 and a two-hundred day simple moving average of $62.33.

Vicor (NASDAQ:VICR) last posted its quarterly earnings results on Tuesday, October 21st. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.43. The business had revenue of $110.42 million for the quarter, compared to the consensus estimate of $95.40 million. Vicor had a return on equity of 13.77% and a net margin of 18.63%.The business’s revenue was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.26 EPS.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in Vicor by 4.6% in the third quarter. Dimensional Fund Advisors LP now owns 578,515 shares of the electronics maker’s stock valued at $28,759,000 after acquiring an additional 25,393 shares in the last quarter. AWM Investment Company Inc. increased its position in shares of Vicor by 5.7% during the first quarter. AWM Investment Company Inc. now owns 372,210 shares of the electronics maker’s stock worth $17,412,000 after purchasing an additional 20,195 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Vicor by 1,921.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 267,882 shares of the electronics maker’s stock valued at $13,319,000 after purchasing an additional 254,630 shares during the last quarter. Millennium Management LLC boosted its position in shares of Vicor by 4,634.5% in the 1st quarter. Millennium Management LLC now owns 264,611 shares of the electronics maker’s stock worth $12,379,000 after purchasing an additional 259,022 shares in the last quarter. Finally, Colrain Capital LLC boosted its position in shares of Vicor by 10.4% in the 3rd quarter. Colrain Capital LLC now owns 254,140 shares of the electronics maker’s stock worth $12,636,000 after purchasing an additional 23,940 shares in the last quarter. Institutional investors own 47.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on VICR shares. Craig Hallum upgraded shares of Vicor from a “hold” rating to a “buy” rating and set a $90.00 price target for the company in a report on Wednesday, October 22nd. Wall Street Zen lowered shares of Vicor from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 23rd. Needham & Company LLC set a $90.00 target price on Vicor and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vicor in a research report on Wednesday, October 8th. Finally, Zacks Research upgraded Vicor to a “hold” rating in a report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Vicor presently has an average rating of “Moderate Buy” and a consensus price target of $98.33.

About Vicor

Vicor Corporation is a designer and manufacturer of modular power components and systems, serving a wide range of industries that demand high performance and efficiency. Headquartered in Andover, Massachusetts, the company develops power conversion solutions that help customers optimize energy delivery in applications from telecommunications and data centers to industrial and automotive systems.

The company’s product portfolio includes high-density DC-DC converters, AC-DC front-end modules, point-of-load regulators and complete power systems that combine multiple conversion stages in a single package.