Shares of Vicor Corp (NASDAQ:VICR) have been given a consensus rating of “Buy” by the eight research firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $41.75.
Several brokerages have commented on VICR. Needham & Company LLC raised their price target on shares of Vicor from $42.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. ValuEngine lowered shares of Vicor from a “buy” rating to a “hold” rating in a research note on Monday, November 11th. Zacks Investment Research lowered shares of Vicor from a “hold” rating to a “sell” rating in a research note on Thursday, December 5th. TheStreet upgraded shares of Vicor from a “c+” rating to a “b-” rating in a research note on Wednesday, November 20th. Finally, Northland Securities set a $39.00 price target on shares of Vicor and gave the company a “buy” rating in a research note on Friday, October 18th.
Shares of NASDAQ:VICR traded up $1.14 during trading hours on Friday, hitting $42.45. The stock had a trading volume of 148,461 shares, compared to its average volume of 194,726. The stock’s fifty day simple moving average is $38.84 and its 200 day simple moving average is $32.80. Vicor has a 1-year low of $26.50 and a 1-year high of $49.27. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 54.42 and a beta of 0.74.
Vicor (NASDAQ:VICR) last announced its quarterly earnings results on Thursday, October 17th. The electronics maker reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). Vicor had a net margin of 7.20% and a return on equity of 10.21%. The firm had revenue of $70.77 million during the quarter, compared to analyst estimates of $71.00 million. On average, sell-side analysts anticipate that Vicor will post 0.45 EPS for the current fiscal year.
In other news, VP Claudio Tuozzolo sold 9,294 shares of the stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $35.86, for a total value of $333,282.84. Following the completion of the transaction, the vice president now directly owns 31,283 shares in the company, valued at $1,121,808.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Alex Gusinov sold 700 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $37.50, for a total transaction of $26,250.00. Following the completion of the transaction, the vice president now owns 12,360 shares of the company’s stock, valued at $463,500. The disclosure for this sale can be found here. Insiders sold 34,090 shares of company stock valued at $1,263,419 over the last quarter. Insiders own 56.06% of the company’s stock.
Institutional investors have recently bought and sold shares of the company. US Bancorp DE boosted its holdings in shares of Vicor by 56.0% in the second quarter. US Bancorp DE now owns 986 shares of the electronics maker’s stock valued at $31,000 after acquiring an additional 354 shares in the last quarter. Aperio Group LLC bought a new position in shares of Vicor in the second quarter valued at approximately $54,000. Bank of Montreal Can boosted its holdings in shares of Vicor by 178.6% in the second quarter. Bank of Montreal Can now owns 2,329 shares of the electronics maker’s stock valued at $72,000 after acquiring an additional 1,493 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in shares of Vicor by 13.0% in the third quarter. Municipal Employees Retirement System of Michigan now owns 5,480 shares of the electronics maker’s stock valued at $162,000 after acquiring an additional 630 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of Vicor by 315.0% in the second quarter. Royal Bank of Canada now owns 5,270 shares of the electronics maker’s stock valued at $164,000 after acquiring an additional 4,000 shares in the last quarter. Institutional investors and hedge funds own 28.33% of the company’s stock.
Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting electrical power worldwide. It operates through Brick Business Unit, VI Chip, and Picor segments. The company offers a range of brick-format DC-DC converters and configurable products; complementary components; and input and output voltage, and output power products, as well as electrical and mechanical accessories.
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