Vicor Co. (NASDAQ:VICR) VP Alex Gusinov Sells 856 Shares

Vicor Co. (NASDAQ:VICR) VP Alex Gusinov sold 856 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $59.01, for a total value of $50,512.56. Following the completion of the sale, the vice president now owns 16,018 shares of the company’s stock, valued at $945,222.18. The trade was a 5.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Vicor Stock Performance

NASDAQ VICR opened at $51.95 on Friday. The stock has a market cap of $2.34 billion, a P/E ratio of 108.23 and a beta of 1.48. Vicor Co. has a fifty-two week low of $30.90 and a fifty-two week high of $61.05. The stock has a 50 day simple moving average of $44.02 and a two-hundred day simple moving average of $38.48.

Vicor (NASDAQ:VICR) last announced its quarterly earnings results on Tuesday, October 22nd. The electronics maker reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.13. The company had revenue of $93.17 million during the quarter, compared to analyst estimates of $85.23 million. Vicor had a return on equity of 4.00% and a net margin of 6.08%. The firm’s revenue was down 13.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 earnings per share.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on VICR shares. Craig Hallum upped their price target on shares of Vicor from $35.00 to $43.00 and gave the company a “hold” rating in a report on Wednesday, October 23rd. Needham & Company LLC restated a “hold” rating on shares of Vicor in a research report on Wednesday, October 23rd.

Institutional Investors Weigh In On Vicor

Large investors have recently modified their holdings of the stock. Headlands Technologies LLC lifted its holdings in Vicor by 98.8% in the second quarter. Headlands Technologies LLC now owns 1,147 shares of the electronics maker’s stock worth $38,000 after buying an additional 570 shares during the period. GAMMA Investing LLC grew its holdings in shares of Vicor by 202.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,001 shares of the electronics maker’s stock worth $42,000 after acquiring an additional 670 shares during the period. Eastern Bank bought a new position in shares of Vicor in the 3rd quarter worth approximately $42,000. Point72 Asia Singapore Pte. Ltd. lifted its stake in shares of Vicor by 146.2% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,162 shares of the electronics maker’s stock valued at $49,000 after purchasing an additional 690 shares during the period. Finally, Point72 DIFC Ltd boosted its position in shares of Vicor by 66.7% during the second quarter. Point72 DIFC Ltd now owns 2,191 shares of the electronics maker’s stock valued at $73,000 after purchasing an additional 877 shares in the last quarter. Institutional investors own 47.45% of the company’s stock.

About Vicor

Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters; complementary components provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as electrical and mechanical accessories.