Vicor Co. (NASDAQ:VICR) Director Andrew D’amico Sells 4,000 Shares

Vicor Co. (NASDAQ:VICR) Director Andrew D’amico sold 4,000 shares of Vicor stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $59.75, for a total value of $239,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• 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 value of $103,820.00.

Vicor Stock Down 4.9 %

NASDAQ:VICR opened at $57.65 on Friday. The firm’s fifty day simple moving average is $52.38 and its 200 day simple moving average is $44.73. The stock has a market cap of $2.60 billion, a P/E ratio of 120.11 and a beta of 1.50. Vicor Co. has a twelve month low of $30.90 and a twelve month high of $62.00.

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

Analysts Set New Price Targets

A number of brokerages have issued reports on VICR. Needham & Company LLC reissued a “hold” rating on shares of Vicor in a report on Wednesday, October 23rd. Craig Hallum boosted their price target on Vicor from $35.00 to $43.00 and gave the company a “hold” rating in a report on Wednesday, October 23rd.

Institutional Trading of Vicor

Several large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in shares of Vicor by 60.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,275,237 shares of the electronics maker’s stock worth $137,887,000 after acquiring an additional 1,236,264 shares in the last quarter. Millennium Management LLC bought a new position in Vicor in the second quarter worth $5,019,000. Dimensional Fund Advisors LP raised its holdings in Vicor by 14.0% in the second quarter. Dimensional Fund Advisors LP now owns 543,153 shares of the electronics maker’s stock worth $18,012,000 after purchasing an additional 66,775 shares in the last quarter. Geode Capital Management LLC lifted its position in Vicor by 6.3% during the third quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker’s stock valued at $24,094,000 after buying an additional 33,696 shares during the period. Finally, Harbor Capital Advisors Inc. bought a new stake in shares of Vicor during the 4th quarter valued at $1,557,000. 47.45% of the stock is owned by institutional investors.

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.