Vicor (NASDAQ:VICR) CFO Sells $1,080,980.08 in Stock

Vicor Corporation (NASDAQ:VICR) CFO James Schmidt sold 4,274 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $252.92, for a total value of $1,080,980.08. Following the completion of the transaction, the chief financial officer owned 3,246 shares of the company’s stock, valued at $820,978.32. This represents a 56.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vicor Trading Up 4.3%

VICR traded up $10.75 during trading on Tuesday, reaching $261.77. 445,184 shares of the company’s stock were exchanged, compared to its average volume of 809,913. The firm has a fifty day moving average price of $193.65 and a two-hundred day moving average price of $142.75. The stock has a market capitalization of $11.88 billion, a PE ratio of 87.44 and a beta of 2.33. Vicor Corporation has a one year low of $39.64 and a one year high of $293.95.

Vicor (NASDAQ:VICR) last announced its earnings results on Tuesday, April 21st. The electronics maker reported $0.44 EPS for the quarter, topping the consensus estimate of $0.40 by $0.04. Vicor had a return on equity of 20.21% and a net margin of 28.98%.The firm had revenue of $112.97 million for the quarter, compared to the consensus estimate of $109.05 million. During the same period in the previous year, the business earned $0.06 EPS. The business’s quarterly revenue was up 20.2% compared to the same quarter last year. Sell-side analysts expect that Vicor Corporation will post 2.71 earnings per share for the current year.

Institutional Investors Weigh In On Vicor

Large investors have recently modified their holdings of the stock. Federated Hermes Inc. purchased a new stake in Vicor in the fourth quarter worth $27,000. Nisa Investment Advisors LLC boosted its position in Vicor by 53.4% during 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. Harbour Investments Inc. purchased a new position in shares of Vicor in the fourth quarter worth about $32,000. Allworth Financial LP raised its position in shares of Vicor by 960.0% in the fourth 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 period. Finally, NBC Securities Inc. bought a new stake in shares of Vicor in the fourth quarter valued at approximately $36,000. Hedge funds and other institutional investors own 47.45% of the company’s stock.

Vicor News Roundup

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Recent quarterly results showed an earnings and revenue beat and management cited stronger backlog and demand, supporting the company’s growth narrative and analyst upgrades that lifted some price targets. MarketBeat VICR
• Neutral Sentiment: Director Andrew D’amico executed a planned sale of 7,512 shares under a pre-arranged Rule 10b5-1 plan (filed with the SEC). Pre-arranged plans reduce informational concern but add near-term supply to the market. Andrew D’amico sale
• Neutral Sentiment: VP Philip D. Davies sold 3,073 shares (exercise‑and‑sell pattern) under a 10b5‑1 plan; the trade reduces his stake materially but was disclosed and pre‑scheduled. Watch whether additional scheduled insider sales continue to drip supply into the market. Philip D. Davies sale
• Negative Sentiment: Market commentary flagged that renewed investor focus on these insider-selling disclosures prompted profit-taking after a recent rally, which drove a pullback on May 4 — underscoring that high insider sell activity can amplify volatility even when fundamentals are strong. QuiverQuant: insider-selling spurs profit-taking

Analysts Set New Price Targets

A number of analysts have commented on VICR shares. Needham & Company LLC boosted their price target on shares of Vicor from $180.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Wall Street Zen lowered Vicor from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Zacks Research upgraded Vicor from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. Roth Mkm reiterated a “buy” rating and issued a $245.00 target price on shares of Vicor in a report on Monday, April 20th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Vicor in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Vicor currently has an average rating of “Buy” and an average price target of $198.33.

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.