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.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its position in shares of Vicor by 2.6% during the third quarter. BlackRock Inc. now owns 2,361,663 shares of the electronics maker’s stock valued at $108,636,000 after purchasing an additional 59,495 shares in the last quarter. OppenheimerFunds Inc. bought a new position in shares of Vicor during the second quarter valued at about $21,902,000. Dimensional Fund Advisors LP lifted its position in shares of Vicor by 3.3% during the third quarter. Dimensional Fund Advisors LP now owns 446,722 shares of the electronics maker’s stock valued at $20,549,000 after purchasing an additional 14,204 shares in the last quarter. WINTON GROUP Ltd bought a new position in shares of Vicor during the second quarter valued at about $12,511,000. Finally, Northern Trust Corp lifted its position in shares of Vicor by 11.0% during the second quarter. Northern Trust Corp now owns 230,254 shares of the electronics maker’s stock valued at $10,027,000 after purchasing an additional 22,785 shares in the last quarter. 27.58% of the stock is currently owned by institutional investors.

Separately, BidaskClub lowered shares of Vicor from a “hold” rating to a “sell” rating in a research report on Thursday, October 4th.

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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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