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 business’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $59.75, for a total value of $239,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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 shares were sold at an average price of $51.91, for a total transaction of $103,820.00.

Vicor Stock Performance

NASDAQ VICR traded down $1.00 on Thursday, reaching $59.60. 25,793 shares of the stock traded hands, compared to its average volume of 201,044. Vicor Co. has a 12 month low of $30.90 and a 12 month high of $62.00. The company has a fifty day moving average price of $52.38 and a 200-day moving average price of $44.73. The company has a market cap of $2.69 billion, a price-to-earnings ratio of 123.52 and a beta of 1.50.

Vicor (NASDAQ:VICR) last posted its 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. Vicor had a return on equity of 4.00% and a net margin of 6.08%. The company had revenue of $93.17 million during the quarter, compared to analyst estimates of $85.23 million. During the same quarter in the prior year, the business earned $0.37 earnings per share. Vicor’s revenue was down 13.6% on a year-over-year basis.

Analysts Set New Price Targets

VICR has been the topic of a number of research reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Vicor in a research note on Wednesday, October 23rd. Craig Hallum lifted their price objective on shares of Vicor from $35.00 to $43.00 and gave the stock a “hold” rating in a research note on Wednesday, October 23rd.

Hedge Funds Weigh In On Vicor

Several hedge funds have recently made changes to their positions in VICR. JPMorgan Chase & Co. boosted its holdings in shares of Vicor by 60.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,275,237 shares of the electronics maker’s stock valued at $137,887,000 after acquiring an additional 1,236,264 shares during the last quarter. Needham Investment Management LLC raised its stake in shares of Vicor by 2.4% during the 3rd quarter. Needham Investment Management LLC now owns 906,439 shares of the electronics maker’s stock valued at $38,161,000 after buying an additional 21,439 shares during the last quarter. State Street Corp lifted its holdings in shares of Vicor by 2.1% in the 3rd quarter. State Street Corp now owns 852,932 shares of the electronics maker’s stock valued at $35,908,000 after buying an additional 17,668 shares during the period. Geode Capital Management LLC boosted its stake in shares of Vicor by 6.3% in the third quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker’s stock worth $24,094,000 after buying an additional 33,696 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Vicor by 14.0% during the second quarter. Dimensional Fund Advisors LP now owns 543,153 shares of the electronics maker’s stock worth $18,012,000 after acquiring an additional 66,775 shares during the period. 47.45% of the stock is owned by institutional investors and hedge funds.

Vicor Company Profile

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.