GSA Capital Partners LLP Reduces Holdings in Vicor Corporation $VICR

GSA Capital Partners LLP decreased its position in shares of Vicor Corporation (NASDAQ:VICR) by 43.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,328 shares of the electronics maker’s stock after selling 25,157 shares during the period. GSA Capital Partners LLP owned approximately 0.07% of Vicor worth $1,657,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in VICR. Royal Bank of Canada boosted its stake in shares of Vicor by 6.0% during the 1st quarter. Royal Bank of Canada now owns 15,167 shares of the electronics maker’s stock worth $709,000 after purchasing an additional 857 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Vicor by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,537 shares of the electronics maker’s stock worth $633,000 after purchasing an additional 563 shares during the last quarter. Millennium Management LLC boosted its position in shares of Vicor by 4,634.5% during the first quarter. Millennium Management LLC now owns 264,611 shares of the electronics maker’s stock valued at $12,379,000 after buying an additional 259,022 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Vicor by 38.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 41,541 shares of the electronics maker’s stock valued at $1,943,000 after buying an additional 11,525 shares during the last quarter. Finally, Acadian Asset Management LLC raised its holdings in shares of Vicor by 56.1% in the first quarter. Acadian Asset Management LLC now owns 8,860 shares of the electronics maker’s stock worth $413,000 after buying an additional 3,184 shares during the period. Institutional investors own 47.45% of the company’s stock.

Insider Activity

In other Vicor news, CFO James F. Schmidt sold 5,000 shares of the company’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $110.00, for a total transaction of $550,000.00. Following the completion of the sale, the chief financial officer owned 875 shares in the company, valued at $96,250. This represents a 85.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael Mcnamara sold 4,237 shares of Vicor stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $101.23, for a total value of $428,911.51. Following the completion of the transaction, the insider owned 18,138 shares in the company, valued at $1,836,109.74. This represents a 18.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 128,306 shares of company stock worth $13,743,160. Corporate insiders own 31.30% of the company’s stock.

Analyst Upgrades and Downgrades

VICR has been the subject of a number of recent analyst reports. Zacks Research upgraded Vicor to a “hold” rating in a report on Tuesday, December 16th. Craig Hallum upgraded shares of Vicor from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a report on Wednesday, October 22nd. Roth Mkm reaffirmed a “buy” rating and issued a $175.00 price target on shares of Vicor in a research note on Thursday, January 22nd. Wall Street Zen cut shares of Vicor from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 23rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Vicor in a research note on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Vicor presently has a consensus rating of “Moderate Buy” and a consensus price target of $118.33.

Vicor Price Performance

NASDAQ:VICR opened at $157.28 on Wednesday. Vicor Corporation has a 1-year low of $38.92 and a 1-year high of $177.00. The company has a 50-day moving average of $136.33 and a 200 day moving average of $90.72. The firm has a market cap of $7.02 billion, a PE ratio of 85.95 and a beta of 1.90.

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.