Vicor Corporation (NASDAQ:VICR – Get Free Report) CFO James Schmidt sold 1,000 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $331.68, for a total value of $331,680.00. Following the transaction, the chief financial officer owned 1,000 shares of the company’s stock, valued at approximately $331,680. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Vicor Stock Up 3.5%
NASDAQ:VICR opened at $379.78 on Wednesday. The business’s 50-day moving average price is $296.76 and its two-hundred day moving average price is $205.85. Vicor Corporation has a twelve month low of $41.76 and a twelve month high of $382.65. The stock has a market cap of $17.31 billion, a P/E ratio of 127.02 and a beta of 2.36.
Vicor (NASDAQ:VICR – Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The electronics maker reported $0.44 EPS for the quarter, topping the consensus estimate of $0.40 by $0.04. The company had revenue of $112.97 million during the quarter, compared to analyst estimates 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 quarter in the previous year, the firm earned $0.06 earnings per share. On average, equities research analysts expect that Vicor Corporation will post 2.94 EPS for the current fiscal year.
Vicor News Summary
- Positive Sentiment: Analysts and commentary have been constructive on Vicor’s outlook, with one note highlighting strong earnings estimate revisions and others pointing to rising AI power demand, proprietary technology, IP licensing growth, and manufacturing leverage as support for continued gains. Why Vicor (VICR) Might be Well Poised for a Surge
- Positive Sentiment: Vicor recently hit a new 1-year high, reflecting strong momentum and investor optimism around the company’s AI-related power products and recent operating performance. Vicor (NASDAQ:VICR) Reaches New 1-Year High – Should You Buy?
- Positive Sentiment: Earlier earnings results were also supportive: Vicor beat EPS and revenue estimates, which continues to underpin the stock’s broader re-rating. Vicor stock information
- Neutral Sentiment: Several insider sales were disclosed, including CEO Patrizio Vinciarelli, CFO James F. Schmidt, and director Andrew D’Amico. The transactions are relatively small compared with their overall holdings, so they may pressure sentiment somewhat but do not by themselves signal a major fundamental change. CEO insider filing
- Neutral Sentiment: A market roundup also referenced Vicor in the context of hedge fund and insider trading activity, but did not add a new company-specific catalyst. Hedge Fund and Insider Trading News
Institutional Trading of Vicor
Several institutional investors have recently added to or reduced their stakes in VICR. Royal Bank of Canada grew its stake in shares of Vicor by 6.0% during the first quarter. Royal Bank of Canada now owns 15,167 shares of the electronics maker’s stock valued at $709,000 after buying an additional 857 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Vicor by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,537 shares of the electronics maker’s stock valued at $633,000 after acquiring an additional 563 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Vicor by 4,634.5% in the 1st quarter. Millennium Management LLC now owns 264,611 shares of the electronics maker’s stock valued at $12,379,000 after acquiring an additional 259,022 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Vicor by 38.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 41,541 shares of the electronics maker’s stock valued at $1,943,000 after acquiring an additional 11,525 shares during the period. Finally, Acadian Asset Management LLC grew its position in Vicor by 56.1% during the 1st quarter. Acadian Asset Management LLC now owns 8,860 shares of the electronics maker’s stock worth $413,000 after acquiring an additional 3,184 shares during the last quarter. 47.45% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the stock. Craig Hallum raised their price objective on shares of Vicor to $450.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. Needham & Company LLC upped their target price on shares of Vicor to $400.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Vicor in a research note on Monday, June 1st. Roth Mkm raised their price target on Vicor from $285.00 to $375.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. Finally, Wall Street Zen lowered Vicor from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $408.33.
Read Our Latest Stock Analysis on Vicor
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.
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