Andrew D’amico Sells 400 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICR) Director Andrew D’amico sold 400 shares of Vicor stock in a transaction on Monday, January 5th. The shares were sold at an average price of $142.50, for a total value of $57,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Friday, December 19th, Andrew D’amico sold 754 shares of Vicor stock. The shares were sold at an average price of $104.00, for a total value of $78,416.00.
• 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 stock was sold at an average price of $90.00, for a total transaction of $50,850.00.
• On Wednesday, October 22nd, Andrew D’amico sold 14,677 shares of Vicor stock. The stock was sold at an average price of $82.53, for a total transaction 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 transaction of $68,000.00.

Vicor Trading Up 1.1%

NASDAQ:VICR traded up $1.48 during midday trading on Tuesday, hitting $135.12. 436,173 shares of the stock were exchanged, compared to its average volume of 1,012,285. The company has a market capitalization of $6.03 billion, a price-to-earnings ratio of 73.44 and a beta of 1.90. Vicor Corporation has a one year low of $38.92 and a one year high of $149.99. The business has a 50-day moving average price of $96.70 and a two-hundred day moving average price of $67.12.

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

Hedge Funds Weigh In On Vicor

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC lifted its stake in Vicor by 53.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker’s stock worth $30,000 after acquiring an additional 210 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Vicor by 13.7% in the third quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the electronics maker’s stock worth $56,000 after purchasing an additional 136 shares in the last quarter. Strs Ohio purchased a new stake in shares of Vicor in the first quarter worth approximately $56,000. GoalVest Advisory LLC acquired a new stake in shares of Vicor during the fourth quarter worth approximately $57,000. Finally, iSAM Funds UK Ltd purchased a new position in Vicor during the third quarter valued at approximately $79,000. 47.45% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

About Vicor

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.