Vicor Co. (NASDAQ:VICR) Director Andrew D’amico sold 1,000 shares of the firm’s stock in a transaction on Monday, April 5th. The shares were sold at an average price of $88.91, for a total transaction of $88,910.00. Following the transaction, the director now directly owns 1,000 shares of the company’s stock, valued at $88,910. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Andrew D’amico also recently made the following trade(s):
- On Monday, March 1st, Andrew D’amico sold 3,000 shares of Vicor stock. The shares were sold at an average price of $100.38, for a total transaction of $301,140.00.
VICR stock opened at $82.78 on Thursday. Vicor Co. has a 12 month low of $40.13 and a 12 month high of $104.68. The company has a 50-day moving average price of $91.98 and a 200 day moving average price of $88.50. The stock has a market cap of $3.59 billion, a PE ratio of 459.89 and a beta of 0.84.
Vicor (NASDAQ:VICR) last announced its quarterly earnings data on Thursday, February 25th. The electronics maker reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.08. Vicor had a net margin of 2.92% and a return on equity of 2.98%. The company had revenue of $84.30 million during the quarter, compared to analyst estimates of $82.71 million. On average, equities research analysts predict that Vicor Co. will post 0.33 earnings per share for the current fiscal year.
Several equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of Vicor from a “hold” rating to a “buy” rating and set a $110.00 target price for the company in a research note on Tuesday, March 2nd. Northland Securities lifted their price objective on shares of Vicor from $55.00 to $85.00 and gave the stock a “market perform” rating in a research note on Friday, February 26th. Needham & Company LLC lifted their price objective on shares of Vicor from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, March 4th. Finally, BWS Financial lifted their price objective on shares of Vicor from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, March 4th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Vicor has a consensus rating of “Buy” and an average target price of $102.00.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank bought a new stake in shares of Vicor in the 4th quarter valued at about $17,595,000. First Trust Advisors LP raised its holdings in shares of Vicor by 105.3% in the 4th quarter. First Trust Advisors LP now owns 256,605 shares of the electronics maker’s stock valued at $23,664,000 after purchasing an additional 131,645 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Vicor by 4.3% in the 4th quarter. BlackRock Inc. now owns 3,051,951 shares of the electronics maker’s stock valued at $281,451,000 after purchasing an additional 124,668 shares in the last quarter. Congress Asset Management Co. MA bought a new position in shares of Vicor during the 4th quarter worth approximately $5,933,000. Finally, Morgan Stanley raised its stake in shares of Vicor by 81.3% during the 3rd quarter. Morgan Stanley now owns 131,616 shares of the electronics maker’s stock worth $10,230,000 after acquiring an additional 59,005 shares in the last quarter. Institutional investors own 35.53% of the company’s stock.
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; and input and output voltage, and output power products, as well as electrical and mechanical accessories.
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