Vicor Co. (NASDAQ:VICR) CAO Quentin A. Fendelet Sells 440 Shares

Vicor Co. (NASDAQ:VICR) CAO Quentin A. Fendelet sold 440 shares of Vicor stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $61.71, for a total value of $27,152.40. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Vicor Stock Performance

Shares of NASDAQ:VICR opened at $59.17 on Friday. Vicor Co. has a twelve month low of $30.90 and a twelve month high of $65.70. The firm has a market cap of $2.67 billion, a PE ratio of 113.79 and a beta of 1.51. The business has a fifty day moving average of $52.62 and a 200-day moving average of $48.29.

Vicor (NASDAQ:VICR) last announced its earnings results on Thursday, February 20th. The electronics maker reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. Vicor had a return on equity of 4.29% and a net margin of 6.46%. The company had revenue of $96.17 million during the quarter, compared to analyst estimates of $91.03 million.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. StockNews.com cut Vicor from a “buy” rating to a “hold” rating in a report on Tuesday. Craig Hallum raised Vicor from a “hold” rating to a “strong-buy” rating in a report on Friday, February 14th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Vicor in a report on Tuesday, February 18th.

Institutional Trading of Vicor

Hedge funds and other institutional investors have recently made changes to their positions in the business. Harbor Capital Advisors Inc. acquired a new stake in shares of Vicor in the fourth quarter valued at $1,557,000. Barclays PLC increased its position in Vicor by 361.6% in the third quarter. Barclays PLC now owns 39,397 shares of the electronics maker’s stock worth $1,658,000 after purchasing an additional 30,863 shares during the period. Savant Capital LLC acquired a new stake in Vicor in the fourth quarter worth about $223,000. Charles Schwab Investment Management Inc. increased its position in Vicor by 6.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 206,713 shares of the electronics maker’s stock worth $8,703,000 after purchasing an additional 12,203 shares during the period. Finally, Geode Capital Management LLC increased its position in Vicor by 6.3% in the third quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker’s stock worth $24,094,000 after purchasing an additional 33,696 shares during the period. 47.45% of the stock is currently owned by institutional investors and hedge funds.

Vicor Company Profile

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.