Vicor (NASDAQ:VICR) Director Sells $6,493,034.49 in Stock

Vicor Corporation (NASDAQ:VICRGet Free Report) Director Estia Eichten sold 38,587 shares of Vicor stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $168.27, for a total value of $6,493,034.49. Following the sale, the director directly owned 190,838 shares in the company, valued at $32,112,310.26. The trade was a 16.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Vicor Stock Performance

NASDAQ:VICR opened at $172.57 on Monday. The stock has a market cap of $7.71 billion, a price-to-earnings ratio of 66.12 and a beta of 1.83. Vicor Corporation has a 1 year low of $38.92 and a 1 year high of $209.53. The business has a fifty day moving average of $163.76 and a 200-day moving average of $107.65.

Vicor (NASDAQ:VICRGet Free Report) last issued its quarterly earnings data on Thursday, February 19th. The electronics maker reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.63. The business had revenue of $362.70 million for the quarter, compared to analysts’ expectations of $107.78 million. Vicor had a net margin of 26.19% and a return on equity of 18.73%. The company’s revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.23 earnings per share.

Institutional Investors Weigh In On Vicor

Institutional investors and hedge funds have recently bought and sold shares of the business. The Manufacturers Life Insurance Company boosted its holdings in Vicor by 3,918.9% during the fourth quarter. The Manufacturers Life Insurance Company now owns 432,189 shares of the electronics maker’s stock worth $47,368,000 after buying an additional 421,435 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Vicor by 1,542.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 439,820 shares of the electronics maker’s stock worth $48,205,000 after purchasing an additional 413,038 shares in the last quarter. Millennium Management LLC raised its holdings in Vicor by 4,634.5% during the 1st quarter. Millennium Management LLC now owns 264,611 shares of the electronics maker’s stock worth $12,379,000 after buying an additional 259,022 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in Vicor by 1,921.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 267,882 shares of the electronics maker’s stock valued at $13,319,000 after buying an additional 254,630 shares in the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new stake in Vicor during the third quarter valued at about $12,625,000. 47.45% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vicor in a research note on Wednesday, January 21st. Roth Mkm reiterated a “buy” rating and set a $175.00 price objective on shares of Vicor in a research note on Thursday, January 22nd. Wall Street Zen cut Vicor from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 23rd. Finally, Zacks Research upgraded Vicor from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Vicor currently has an average rating of “Buy” and an average target price of $118.33.

View Our Latest Research Report on Vicor

Key Vicor News

Here are the key news stories impacting Vicor this week:

  • Positive Sentiment: Recent fundamental strength still underpins the stock: Vicor’s most recent quarterly results showed a large EPS and revenue beat (reported Feb. 19) and the company retains multiple Buy/Strong-Buy analyst opinions — factors supporting demand and helping push the share price higher despite insider sales.
  • Neutral Sentiment: Technical/momentum backdrop remains constructive: the 50-day moving average sits well above the 200-day average and the shares are trading well above their 12‑month low, which can attract momentum and thematic flows into the name.
  • Negative Sentiment: CEO Patrizio Vinciarelli sold 50,000 shares on March 12 (avg. $167.46, ~$8.37M), a modest (~0.53%) reduction in his holdings — insider sale may raise short-term selling pressure or investor questions. CEO sale filing
  • Negative Sentiment: Director Estia J. Eichten sold 38,587 shares on March 12 at an avg. $168.27 (~$6.49M), a ~16.8% drop in her ownership — a larger proportional reduction that some investors view as a negative signal. Director sale filing
  • Negative Sentiment: CFO James Schmidt sold 15,500 shares (avg. $177.19, ~$2.75M) on March 11; meaningful dollar-value insider selling from multiple senior executives over the same week can spook some investors. CFO sale filing

About Vicor

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Vicor (NASDAQ:VICR)

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