Vicor (NASDAQ:VICR) Director Sells $30,000.00 in Stock

Vicor Corporation (NASDAQ:VICR) Director Andrew D’amico sold 200 shares of Vicor stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $150.00, for a total transaction of $30,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, January 5th, Andrew D’amico sold 400 shares of Vicor stock. The stock was sold at an average price of $142.50, for a total value of $57,000.00.
• 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 stock was 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 shares were 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 stock was 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 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 Stock Performance

VICR stock traded up $5.22 during trading on Friday, reaching $150.70. The company had a trading volume of 145,353 shares, compared to its average volume of 736,456. The firm has a 50-day simple moving average of $104.64 and a 200-day simple moving average of $72.10. Vicor Corporation has a twelve month low of $38.92 and a twelve month high of $154.90. The company has a market cap of $6.73 billion, a price-to-earnings ratio of 82.85 and a beta of 1.90.

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

Institutional Trading of Vicor

Institutional investors and hedge funds have recently bought and sold shares of the business. Nisa Investment Advisors LLC lifted its position in Vicor by 53.4% in the third quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker’s stock worth $30,000 after purchasing an additional 210 shares during the period. PNC Financial Services Group Inc. lifted its holdings 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 valued at $56,000 after buying an additional 136 shares during the period. Strs Ohio bought a new position in Vicor during the first quarter valued at about $56,000. GoalVest Advisory LLC bought a new position in Vicor during the fourth quarter valued at about $57,000. Finally, iSAM Funds UK Ltd bought a new stake in Vicor in the third quarter worth about $79,000. Institutional investors and hedge funds own 47.45% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on VICR shares. Wall Street Zen cut shares of Vicor from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 23rd. Craig Hallum upgraded shares of 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. Roth Capital started coverage on Vicor in a report on Tuesday, December 16th. They set a “buy” rating and a $115.00 price objective for the company. Zacks Research raised shares of Vicor to a “hold” rating in a report on Tuesday, December 16th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Vicor in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.