Insider Selling: Vicor Co. (NASDAQ:VICR) Director Sells $113,202.00 in Stock

Vicor Co. (NASDAQ:VICR) Director Andrew D’amico sold 1,800 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $62.89, for a total value of $113,202.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Andrew D’amico also recently made the following trade(s):

• On Wednesday, January 22nd, Andrew D’amico sold 4,000 shares of Vicor stock. The shares were sold at an average price of $59.75, for a total value of $239,000.00.
• On Monday, January 6th, Andrew D’amico sold 2,000 shares of Vicor stock. The stock was sold at an average price of $51.91, for a total transaction of $103,820.00.

Vicor Price Performance

VICR opened at $61.68 on Friday. The firm has a market capitalization of $2.78 billion, a PE ratio of 118.62 and a beta of 1.51. The business’s 50-day moving average is $51.62 and its two-hundred day moving average is $47.47. Vicor Co. has a 1 year low of $30.90 and a 1 year high of $65.70.

Vicor (NASDAQ:VICR) last issued its quarterly earnings data on Thursday, February 20th. The electronics maker reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. Vicor had a net margin of 6.46% and a return on equity of 4.29%. The firm had revenue of $96.17 million for the quarter, compared to the consensus estimate of $91.03 million.

Hedge Funds Weigh In On Vicor

Large investors have recently made changes to their positions in the business. Ashford Capital Management Inc. boosted its position in shares of Vicor by 2.5% in the 4th quarter. Ashford Capital Management Inc. now owns 24,150 shares of the electronics maker’s stock worth $1,167,000 after purchasing an additional 600 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Vicor by 21.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 30,016 shares of the electronics maker’s stock valued at $1,450,000 after buying an additional 5,361 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in Vicor in the fourth quarter worth about $1,126,000. State of Wyoming boosted its holdings in Vicor by 66.6% in the fourth quarter. State of Wyoming now owns 5,289 shares of the electronics maker’s stock worth $256,000 after acquiring an additional 2,114 shares in the last quarter. Finally, Summit Partners Public Asset Management LLC purchased a new stake in shares of Vicor during the fourth quarter worth about $17,787,000. 47.45% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VICR has been the subject of several research reports. Craig Hallum raised shares of Vicor from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 14th. Needham & Company LLC reissued a “hold” rating on shares of Vicor in a research note on Tuesday, February 18th. Finally, StockNews.com raised Vicor from a “hold” rating to a “buy” rating in a research report on Monday.

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.