Quentin Fendelet Sells 5,059 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICR) CAO Quentin Fendelet sold 5,059 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $297.03, for a total value of $1,502,674.77. Following the completion of the sale, the chief accounting officer directly owned 4,963 shares of the company’s stock, valued at approximately $1,474,159.89. This trade represents a 50.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Vicor Price Performance

Shares of VICR stock opened at $309.27 on Thursday. The stock has a market cap of $14.10 billion, a PE ratio of 103.43 and a beta of 2.33. The stock has a 50-day moving average of $206.32 and a 200-day moving average of $153.32. Vicor Corporation has a one year low of $40.54 and a one year high of $315.00.

Vicor (NASDAQ:VICR) last announced its quarterly earnings results on Tuesday, April 21st. The electronics maker reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. The company had revenue of $112.97 million during the quarter, compared to analysts’ expectations of $109.05 million. Vicor had a return on equity of 20.21% and a net margin of 28.98%.Vicor’s revenue was up 20.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.06 EPS. As a group, research analysts anticipate that Vicor Corporation will post 2.71 earnings per share for the current year.

Institutional Investors Weigh In On Vicor

Large investors have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Vicor in the 3rd quarter valued at approximately $352,000. Summit Global Investments acquired a new stake in shares of Vicor in the 3rd quarter valued at approximately $1,050,000. Colrain Capital LLC raised its stake in Vicor by 10.4% in the 3rd quarter. Colrain Capital LLC now owns 254,140 shares of the electronics maker’s stock valued at $12,636,000 after acquiring an additional 23,940 shares during the period. Public Sector Pension Investment Board raised its stake in Vicor by 13.4% in the 3rd quarter. Public Sector Pension Investment Board now owns 89,312 shares of the electronics maker’s stock valued at $4,441,000 after acquiring an additional 10,532 shares during the period. Finally, SG Americas Securities LLC bought a new stake in Vicor in the 3rd quarter valued at $448,000. Institutional investors and hedge funds own 47.45% of the company’s stock.

More Vicor News

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Vicor’s recent earnings report beat expectations on both EPS and revenue, while management’s outlook and strong backlog pointed to continued demand in AI and data-center power applications.
• Positive Sentiment: Recent coverage highlighted Vicor as a beneficiary of record data-center demand, helping fuel momentum in the shares. Article Title
• Neutral Sentiment: Analyst sentiment remains constructive, with recent buy ratings and price-target increases, though targets are still below the stock’s recent surge.
• Negative Sentiment: Multiple insiders sold shares in recent days, including VP Kemble Morrison, CAO Quentin Fendelet, Director Andrew D’Amico, VP Alvaro Doyle, and insider Michael McNamara, which may have triggered or intensified profit-taking concerns.
• Negative Sentiment: Market commentary suggests the stock may be experiencing a pullback after a sharp run-up, as traders digest the insider-sale filings and lock in gains after the rally.

Analyst Ratings Changes

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

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.