Andrew D’amico Sells 4,000 Shares of Vicor Co. (NASDAQ:VICR) Stock

Vicor Co. (NASDAQ:VICR) Director Andrew D’amico sold 4,000 shares of the stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of $59.75, for a total value of $239,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Andrew D’amico also recently made the following trade(s):

• On Monday, January 6th, Andrew D’amico sold 2,000 shares of Vicor stock. The stock was sold at an average price of $51.91, for a total value of $103,820.00.

Vicor Price Performance

Shares of NASDAQ VICR opened at $57.30 on Friday. Vicor Co. has a 1-year low of $30.90 and a 1-year high of $62.00. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of 119.38 and a beta of 1.50. The business has a 50-day moving average of $52.47 and a 200-day moving average of $44.82.

Vicor (NASDAQ:VICR) last released its quarterly earnings results on Tuesday, October 22nd. The electronics maker reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.13. The firm had revenue of $93.17 million during the quarter, compared to analysts’ expectations of $85.23 million. Vicor had a return on equity of 4.00% and a net margin of 6.08%. Vicor’s quarterly revenue was down 13.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.37 EPS.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Needham & Company LLC reissued a “hold” rating on shares of Vicor in a research report on Wednesday, October 23rd. Craig Hallum increased their price objective on shares of Vicor from $35.00 to $43.00 and gave the stock a “hold” rating in a research report on Wednesday, October 23rd.

Institutional Investors Weigh In On Vicor

Large investors have recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. purchased a new position in Vicor in the 4th quarter valued at about $1,557,000. Barclays PLC boosted its holdings in Vicor by 361.6% in the third quarter. Barclays PLC now owns 39,397 shares of the electronics maker’s stock valued at $1,658,000 after purchasing an additional 30,863 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Vicor by 6.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 206,713 shares of the electronics maker’s stock valued at $8,703,000 after purchasing an additional 12,203 shares in the last quarter. Geode Capital Management LLC increased its holdings in Vicor by 6.3% during the 3rd quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker’s stock worth $24,094,000 after purchasing an additional 33,696 shares during the last quarter. Finally, Millennium Management LLC acquired a new position in shares of Vicor in the 2nd quarter valued at approximately $5,019,000. 47.45% of the stock is owned by institutional investors and hedge funds.

About Vicor

Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters; complementary components provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as electrical and mechanical accessories.