Claudio Tuozzolo Sells 4,643 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICR) VP Claudio Tuozzolo sold 4,643 shares of Vicor stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $197.85, for a total transaction of $918,617.55. Following the completion of the sale, the vice president directly owned 23,544 shares of the company’s stock, valued at $4,658,180.40. The trade was a 16.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Claudio Tuozzolo also recently made the following trade(s):

• On Monday, February 23rd, Claudio Tuozzolo sold 4,469 shares of Vicor stock. The stock was sold at an average price of $174.60, for a total transaction of $780,287.40.

Vicor Stock Performance

VICR opened at $201.40 on Friday. Vicor Corporation has a 1 year low of $38.92 and a 1 year high of $205.92. The company’s 50 day simple moving average is $149.45 and its 200 day simple moving average is $97.56. The stock has a market capitalization of $8.99 billion, a PE ratio of 77.17 and a beta of 1.90.

Vicor (NASDAQ:VICR) last posted its quarterly earnings results on Thursday, February 19th. The electronics maker reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.63. Vicor had a net margin of 26.19% and a return on equity of 18.73%. The company had revenue of $107.26 million for the quarter, compared to the consensus estimate of $107.78 million. During the same quarter last year, the firm posted $0.23 earnings per share. Vicor’s revenue was up 11.5% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VICR. Federated Hermes Inc. acquired a new stake in Vicor in the fourth quarter worth $27,000. Nisa Investment Advisors LLC increased its holdings in shares of 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 during the period. Harbour Investments Inc. acquired a new stake in shares of Vicor in the 4th quarter worth about $32,000. Allworth Financial LP lifted its position in Vicor by 960.0% in the 4th quarter. Allworth Financial LP now owns 318 shares of the electronics maker’s stock valued at $35,000 after purchasing an additional 288 shares during the last quarter. Finally, NBC Securities Inc. acquired a new position in Vicor during the 4th quarter valued at about $36,000. Institutional investors and hedge funds own 47.45% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Wall Street Zen lowered Vicor from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Vicor in a research report on Wednesday, January 21st. Roth Mkm restated a “buy” rating and issued a $175.00 price target on shares of Vicor in a research note on Thursday, January 22nd. Finally, Zacks Research upgraded Vicor from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $118.33.

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.