Vicor Corp (VICR) VP Kemble D. Morrison Sells 4,000 Shares
Vicor Corp (NASDAQ:VICR) VP Kemble D. Morrison sold 4,000 shares of the firm’s stock in a transaction dated Thursday, November 15th. The shares were sold at an average price of $35.00, for a total transaction of $140,000.00. Following the transaction, the vice president now directly owns 4,000 shares in the company, valued at $140,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
VICR opened at $32.10 on Tuesday. Vicor Corp has a fifty-two week low of $16.30 and a fifty-two week high of $64.50. The stock has a market cap of $1.40 billion, a P/E ratio of 55.48 and a beta of 1.17.
Vicor (NASDAQ:VICR) last released its quarterly earnings results on Tuesday, October 16th. The electronics maker reported $0.32 earnings per share for the quarter. Vicor had a net margin of 9.57% and a return on equity of 16.53%. The company had revenue of $78.04 million for the quarter.
Separately, BidaskClub lowered shares of Vicor from a “hold” rating to a “sell” rating in a research report on Thursday, October 4th.
Vicor Company Profile
Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting, regulating, and controlling electric current worldwide. It operates through three segments: Brick Business Unit, VI Chip, and Picor. The company offers modular direct current (DC)-DC converters, open-frame intermediate bus converters, and complementary components; high density zero voltage soft switching DC-DC converters; configurable products; and custom power systems.
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