Vicor (NASDAQ:VICR) Director Andrew D’amico Sells 754 Shares

Vicor Corporation (NASDAQ:VICR) Director Andrew D’amico sold 754 shares of Vicor stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $104.00, for a total transaction of $78,416.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, November 17th, Andrew D’amico sold 2,000 shares of Vicor stock. The shares were sold at an average price of $87.69, for a total transaction of $175,380.00.
• On Wednesday, November 12th, Andrew D’amico sold 1,908 shares of Vicor stock. The stock was sold at an average price of $99.13, for a total transaction of $189,140.04.
• On Friday, October 24th, Andrew D’amico sold 2,071 shares of Vicor stock. The shares were sold at an average price of $94.80, for a total transaction of $196,330.80.
• On Thursday, October 23rd, Andrew D’amico sold 565 shares of Vicor stock. The shares were sold at an average price of $90.00, for a total value of $50,850.00.
• On Wednesday, October 22nd, Andrew D’amico sold 14,677 shares of Vicor stock. The shares were sold at an average price of $82.53, for a total value of $1,211,292.81.
• On Tuesday, October 21st, Andrew D’amico sold 1,000 shares of Vicor stock. The shares were sold at an average price of $68.00, for a total value of $68,000.00.

Vicor Price Performance

Vicor stock traded up $5.47 during mid-day trading on Monday, hitting $109.87. The company’s stock had a trading volume of 458,175 shares, compared to its average volume of 336,829. Vicor Corporation has a 52-week low of $38.92 and a 52-week high of $112.31. The company has a market cap of $4.91 billion, a PE ratio of 60.04 and a beta of 1.94. The firm’s 50 day moving average is $87.14 and its 200 day moving average is $61.86.

Vicor (NASDAQ:VICR) last issued its earnings results on Tuesday, October 21st. The electronics maker reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.43. The company had revenue of $110.42 million for the quarter, compared to the consensus estimate of $95.40 million. Vicor had a return on equity of 13.77% and a net margin of 18.63%.The firm’s quarterly revenue was up 18.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.26 EPS.

Analysts Set New Price Targets

Several equities analysts have recently commented on VICR shares. Roth Capital initiated coverage on shares of Vicor in a report on Tuesday, December 16th. They set a “buy” rating and a $115.00 price target on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Vicor in a research report on Wednesday, October 8th. Needham & Company LLC set a $90.00 target price on Vicor and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Zacks Research raised Vicor to a “hold” rating in a research note on Tuesday, December 16th. Finally, Craig Hallum upgraded Vicor from a “hold” rating to a “buy” rating and set a $90.00 price target for the company in a report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $98.33.

Hedge Funds Weigh In On Vicor

Institutional investors have recently made changes to their positions in the business. Nisa Investment Advisors LLC increased 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 buying an additional 210 shares during the period. PNC Financial Services Group Inc. boosted its position in Vicor by 13.7% in the third quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the electronics maker’s stock valued at $56,000 after buying an additional 136 shares in the last quarter. Strs Ohio bought a new stake in Vicor during the first quarter worth about $56,000. iSAM Funds UK Ltd acquired a new stake in shares of Vicor during the third quarter worth approximately $79,000. Finally, Tower Research Capital LLC TRC raised its stake in shares of Vicor by 993.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,782 shares of the electronics maker’s stock valued at $172,000 after acquiring an additional 3,436 shares during the last quarter. 47.45% of the stock is currently owned by institutional investors.

Vicor Company 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.