Diversified Trust Co. Makes New Investment in Vicor Corporation $VICR

Diversified Trust Co. purchased a new stake in Vicor Corporation (NASDAQ:VICR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,168 shares of the electronics maker’s stock, valued at approximately $457,000.

Other institutional investors have also made changes to their positions in the company. GoalVest Advisory LLC acquired a new stake in Vicor during the fourth quarter worth approximately $57,000. Nisa Investment Advisors LLC raised its holdings in Vicor by 53.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker’s stock valued at $30,000 after acquiring an additional 210 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in 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 in the last quarter. Strs Ohio bought a new stake in shares of Vicor during the 1st quarter valued at $56,000. Finally, GAMMA Investing LLC lifted its position in shares of Vicor by 19.8% during the 4th quarter. GAMMA Investing LLC now owns 1,565 shares of the electronics maker’s stock valued at $172,000 after acquiring an additional 259 shares during the period. 47.45% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

VICR has been the topic of a number of recent analyst reports. Roth Mkm restated a “buy” rating and issued a $175.00 price target on shares of Vicor in a research report on Thursday, January 22nd. Zacks Research raised shares of Vicor from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Vicor in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $118.33.

Vicor Price Performance

Shares of VICR opened at $153.02 on Friday. The firm has a 50 day simple moving average of $171.16 and a two-hundred day simple moving average of $116.13. Vicor Corporation has a one year low of $38.92 and a one year high of $209.53. The company has a market cap of $6.94 billion, a P/E ratio of 58.63 and a beta of 1.84.

Vicor (NASDAQ:VICR) last issued its earnings results 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. Vicor had a return on equity of 18.73% and a net margin of 26.19%.The firm had revenue of $362.70 million for the quarter, compared to the consensus estimate of $107.78 million. During the same quarter last year, the business posted $0.23 EPS. The company’s revenue was up 11.5% compared to the same quarter last year.

Insiders Place Their Bets

In other Vicor news, CFO James F. Schmidt sold 15,500 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $177.19, for a total transaction of $2,746,445.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael Mcnamara sold 7,174 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $190.07, for a total value of $1,363,562.18. Following the transaction, the insider directly 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 SEC filing for this sale provides additional information. Insiders have sold 559,542 shares of company stock valued at $99,520,379 in the last quarter. Corporate 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.