Two Sigma Securities LLC Sells 3,321 Shares of Vicor Corporation $VICR

Two Sigma Securities LLC trimmed its stake in Vicor Corporation (NASDAQ:VICR) by 83.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 636 shares of the electronics maker’s stock after selling 3,321 shares during the period. Two Sigma Securities LLC’s holdings in Vicor were worth $242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. GoalVest Advisory LLC increased its position in shares of Vicor by 23.5% during the second quarter. GoalVest Advisory LLC now owns 321 shares of the electronics maker’s stock worth $122,000 after acquiring an additional 61 shares during the period. Carolina Wealth Advisors LLC grew its stake in Vicor by 70.9% in the second quarter. Carolina Wealth Advisors LLC now owns 147 shares of the electronics maker’s stock worth $56,000 after purchasing an additional 61 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Vicor by 1.2% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,692 shares of the electronics maker’s stock worth $916,000 after purchasing an additional 68 shares during the period. ProShare Advisors LLC increased its holdings in Vicor by 1.7% during the 4th quarter. ProShare Advisors LLC now owns 4,469 shares of the electronics maker’s stock worth $490,000 after purchasing an additional 74 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its position in Vicor by 1.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 5,238 shares of the electronics maker’s stock valued at $574,000 after purchasing an additional 90 shares in the last quarter. 47.45% of the stock is currently owned by institutional investors.

Vicor Stock Performance

VICR stock opened at $188.55 on Friday. Vicor Corporation has a one year low of $47.56 and a one year high of $382.65. The firm has a market cap of $8.69 billion, a price-to-earnings ratio of 60.43 and a beta of 2.35. The firm has a 50-day simple moving average of $231.54 and a two-hundred day simple moving average of $235.38.

Vicor (NASDAQ:VICR) last issued its quarterly earnings data on Tuesday, July 21st. The electronics maker reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.39. The firm had revenue of $143.35 million for the quarter, compared to the consensus estimate of $138.37 million. Vicor had a net margin of 30.65% and a return on equity of 19.83%. The company’s quarterly revenue was up 49.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.91 EPS. As a group, equities analysts predict that Vicor Corporation will post 3.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

VICR has been the topic of a number of recent research reports. Weiss Ratings downgraded Vicor from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, August 20th. Needham & Company LLC decreased their price objective on Vicor from $400.00 to $320.00 and set a “buy” rating for the company in a report on Tuesday, July 21st. Roth Capital upped their price objective on shares of Vicor from $285.00 to $375.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Craig Hallum raised their target price on shares of Vicor to $450.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. Finally, Zacks Research lowered shares of Vicor from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 2nd. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Vicor currently has an average rating of “Moderate Buy” and an average price target of $381.67.

Insider Buying and Selling at Vicor

In other Vicor news, VP Philip Davies sold 3,073 shares of Vicor stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $177.70, for a total value of $546,072.10. Following the transaction, the vice president directly owned 1,920 shares of the company’s stock, valued at approximately $341,184. The trade was a 61.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Zmira Lavie sold 908 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $250.00, for a total value of $227,000.00. Following the transaction, the director directly owned 908 shares in the company, valued at approximately $227,000. The trade was a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 238,266 shares of company stock worth $76,514,148 over the last three months. Corporate insiders own 28.30% of the company’s stock.

Vicor 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.