Insider Selling: Vicor (NASDAQ:VICR) Insider Sells $5,752,962.00 in Stock

Vicor Corporation (NASDAQ:VICR) insider Michael Mcnamara sold 18,618 shares of Vicor stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $309.00, for a total transaction of $5,752,962.00. Following the completion of the transaction, the insider directly owned 18,185 shares in the company, valued at $5,619,165. This represents a 50.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Michael Mcnamara also recently made the following trade(s):

• On Tuesday, March 17th, Michael Mcnamara sold 7,174 shares of Vicor stock. The stock was sold at an average price of $190.07, for a total value of $1,363,562.18.

Vicor Stock Down 6.1%

Shares of NASDAQ VICR opened at $290.54 on Friday. Vicor Corporation has a 12 month low of $40.54 and a 12 month high of $316.82. The company has a market cap of $13.24 billion, a price-to-earnings ratio of 97.17 and a beta of 2.33. The business has a fifty day simple moving average of $208.09 and a 200-day simple moving average of $154.73.

Vicor (NASDAQ:VICR) last announced its earnings results on Tuesday, April 21st. The electronics maker reported $0.44 EPS for the quarter, beating the consensus estimate of $0.40 by $0.04. The business had revenue of $112.97 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the business posted $0.06 earnings per share. As a group, sell-side analysts expect that Vicor Corporation will post 2.71 EPS for the current fiscal year.

Vicor News Summary

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Vicor’s latest earnings report beat expectations, with EPS of $0.44 versus $0.40 expected and revenue of $112.97 million topping estimates, while sales rose 20.2% year over year. Vicor earnings and stock overview
• Positive Sentiment: Recent coverage highlighted record AI data-center demand as a key growth driver for Vicor, supporting the rally and keeping investors focused on upside tied to power-efficient computing hardware. Vicor record data-center demand article
• Neutral Sentiment: Jim Cramer commented on Vicor, saying investors who do not already own it should be patient, adding to the stock’s visibility but not changing the fundamental picture. Jim Cramer on Vicor
• Negative Sentiment: Several insiders sold shares over the past few days, including Director Andrew D’amico and VP Kemble Morrison, which can create near-term caution after a sharp run-up. Vicor insider selling

Wall Street Analyst Weigh In

VICR has been the topic of several research reports. Wall Street Zen lowered Vicor from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Roth Mkm reaffirmed a “buy” rating and issued a $245.00 target price on shares of Vicor in a research report on Monday, April 20th. Needham & Company LLC upped their target price on Vicor from $180.00 to $260.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Zacks Research raised Vicor from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Finally, Weiss Ratings reissued 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 assigned a Hold rating to the company. According to data from MarketBeat, Vicor currently has an average rating of “Buy” and an average target price of $198.33.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of VICR. Federated Hermes Inc. acquired a new stake in Vicor during the fourth quarter valued at approximately $27,000. Blue Trust Inc. raised its holdings in shares of Vicor by 1,814.3% in the 1st quarter. Blue Trust Inc. now owns 268 shares of the electronics maker’s stock worth $43,000 after buying an additional 254 shares in the last quarter. ROSS JOHNSON & Associates LLC raised its holdings in shares of Vicor by 13,750.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 277 shares of the electronics maker’s stock worth $45,000 after buying an additional 275 shares in the last quarter. Harbour Investments Inc. bought a new position in shares of Vicor during the 4th quarter worth approximately $32,000. Finally, Meeder Asset Management Inc. lifted its position in shares of Vicor by 189.4% during the 1st quarter. Meeder Asset Management Inc. now owns 301 shares of the electronics maker’s stock worth $48,000 after buying an additional 197 shares during the period. 47.45% of the stock is owned by institutional investors.

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.