Sean Crilly Sells 1,640 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICR) VP Sean Crilly sold 1,640 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $180.32, for a total value of $295,724.80. Following the sale, the vice president owned 9,729 shares in the company, valued at approximately $1,754,333.28. This trade represents a 14.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Sean Crilly also recently made the following trade(s):

• On Friday, February 27th, Sean Crilly sold 6,000 shares of Vicor stock. The shares were sold at an average price of $197.73, for a total value of $1,186,380.00.

Vicor Price Performance

Shares of VICR stock traded down $20.54 during trading hours on Friday, hitting $161.38. 696,048 shares of the company’s stock were exchanged, compared to its average volume of 723,910. The stock’s 50-day moving average is $156.66 and its 200-day moving average is $101.75. The stock has a market cap of $7.21 billion, a price-to-earnings ratio of 61.83 and a beta of 1.84. Vicor Corporation has a 52 week low of $38.92 and a 52 week high of $209.53.

Vicor (NASDAQ:VICR) last released its quarterly earnings results on Thursday, February 19th. The electronics maker reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.63. Vicor had a return on equity of 18.73% and a net margin of 26.19%.The business had revenue of $362.70 million during the quarter, compared to analysts’ expectations of $107.78 million. During the same period in the previous year, the business posted $0.23 earnings per share. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year.

Institutional Trading of Vicor

Several institutional investors and hedge funds have recently made changes to their positions in VICR. Vanguard Group Inc. lifted its holdings in shares of Vicor by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 2,534,534 shares of the electronics maker’s stock valued at $277,785,000 after purchasing an additional 60,963 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Vicor by 4.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 578,515 shares of the electronics maker’s stock worth $28,759,000 after buying an additional 25,393 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in Vicor by 1,542.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 439,820 shares of the electronics maker’s stock valued at $48,205,000 after buying an additional 413,038 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Vicor by 3,918.9% in the fourth quarter. The Manufacturers Life Insurance Company now owns 432,189 shares of the electronics maker’s stock valued at $47,368,000 after buying an additional 421,435 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Vicor by 39.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 374,088 shares of the electronics maker’s stock valued at $41,000,000 after buying an additional 106,206 shares during the period. Institutional investors own 47.45% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on VICR shares. Zacks Research raised shares of Vicor from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. Roth Mkm reiterated a “buy” rating and issued a $175.00 price objective on shares of Vicor in a research report on Thursday, January 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Vicor in a research report on Wednesday, January 21st. Finally, Wall Street Zen lowered Vicor from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 23rd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $118.33.

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.