3,757 Shares in Vicor Corporation $VICR Purchased by First Bank & Trust

First Bank & Trust acquired a new position in Vicor Corporation (NASDAQ:VICR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 3,757 shares of the electronics maker’s stock, valued at approximately $412,000.

A number of other institutional investors have also recently bought and sold shares of the business. SG Americas Securities LLC boosted its holdings in Vicor by 9.8% in the 4th quarter. SG Americas Securities LLC now owns 9,904 shares of the electronics maker’s stock valued at $1,085,000 after purchasing an additional 885 shares during the period. Diversified Trust Co. acquired a new position in shares of Vicor during the 4th quarter worth approximately $457,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of Vicor during the fourth quarter worth approximately $201,000. GoalVest Advisory LLC bought a new position in shares of Vicor during the fourth quarter worth approximately $57,000. Finally, GAMMA Investing LLC raised its position in shares of Vicor by 19.8% in the fourth quarter. GAMMA Investing LLC now owns 1,565 shares of the electronics maker’s stock valued at $172,000 after buying an additional 259 shares in the last quarter. Institutional investors own 47.45% of the company’s stock.

Vicor Trading Down 15.1%

Shares of NASDAQ:VICR opened at $157.96 on Friday. The firm has a 50 day moving average of $171.10 and a 200-day moving average of $114.95. The stock has a market capitalization of $7.17 billion, a PE ratio of 60.52 and a beta of 1.84. Vicor Corporation has a 12 month low of $38.92 and a 12 month high of $209.53.

Vicor (NASDAQ:VICR) last posted its quarterly earnings results on Thursday, February 19th. The electronics maker reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.63. The business had revenue of $362.70 million for the quarter, compared to analyst estimates of $107.78 million. Vicor had a net margin of 26.19% and a return on equity of 18.73%. The firm’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter last year, the business posted $0.23 EPS.

Analyst Ratings Changes

VICR has been the subject of several recent research reports. Roth Mkm reiterated a “buy” rating and issued a $175.00 price target on shares of Vicor in a research note on Thursday, January 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vicor in a report on Wednesday, January 21st. Finally, Zacks Research upgraded Vicor from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $118.33.

Insiders Place Their Bets

In other news, insider Michael Mcnamara sold 7,174 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $190.07, for a total transaction of $1,363,562.18. Following the completion of the transaction, the insider owned 18,138 shares of the company’s stock, valued at approximately $3,447,489.66. The trade was a 28.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Estia J. Eichten sold 2,000 shares of the company’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $174.00, for a total value of $348,000.00. Following the sale, the director owned 188,838 shares of the company’s stock, valued at approximately $32,857,812. This represents a 1.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 509,542 shares of company stock valued at $90,335,379 over the last ninety days. Company insiders own 31.30% of the company’s stock.

Vicor Profile

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.