Vicor Corporation $VICR Shares Purchased by Colrain Capital LLC

Colrain Capital LLC grew its stake in Vicor Corporation (NASDAQ:VICR) by 10.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 254,140 shares of the electronics maker’s stock after purchasing an additional 23,940 shares during the quarter. Vicor comprises approximately 7.2% of Colrain Capital LLC’s holdings, making the stock its 4th largest holding. Colrain Capital LLC owned 0.57% of Vicor worth $12,636,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Nisa Investment Advisors LLC lifted its stake in Vicor by 53.4% in the third quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker’s stock valued at $30,000 after buying an additional 210 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of Vicor by 13.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the electronics maker’s stock valued at $56,000 after acquiring an additional 136 shares during the last quarter. Strs Ohio acquired a new stake in shares of Vicor in the 1st quarter valued at approximately $56,000. Tower Research Capital LLC TRC boosted its stake in Vicor by 993.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,782 shares of the electronics maker’s stock worth $172,000 after acquiring an additional 3,436 shares during the last quarter. Finally, Creative Planning bought a new position in Vicor during the 2nd quarter worth approximately $235,000. 47.45% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Patrizio Vinciarelli sold 1,883 shares of the stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $114.36, for a total transaction of $215,339.88. Following the completion of the transaction, the chief executive officer owned 9,708,163 shares in the company, valued at approximately $1,110,225,520.68. This represents a 0.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Andrew D’amico sold 200 shares of the firm’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $155.00, for a total transaction of $31,000.00. The SEC filing for this sale provides additional information. Insiders have sold 128,306 shares of company stock worth $13,743,160 over the last ninety days. Insiders own 31.30% of the company’s stock.

Vicor Stock Performance

NASDAQ:VICR opened at $155.96 on Tuesday. The company has a market cap of $6.96 billion, a PE ratio of 85.22 and a beta of 1.90. Vicor Corporation has a 52-week low of $38.92 and a 52-week high of $177.00. The stock has a 50-day simple moving average of $135.17 and a 200 day simple moving average of $89.92.

Wall Street Analyst Weigh In

VICR has been the topic of several analyst reports. Craig Hallum upgraded shares of Vicor from a “hold” rating to a “buy” rating and set a $90.00 target price on the stock in a report on Wednesday, October 22nd. Zacks Research raised Vicor to a “hold” rating in a research note on Tuesday, December 16th. Wall Street Zen cut Vicor from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 23rd. Needham & Company LLC set a $90.00 price target on Vicor and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Vicor in a report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $118.33.

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.