Vicor (NASDAQ:VICR – Get Free Report) issued its quarterly earnings data on Tuesday. The electronics maker reported $0.06 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.04), Briefing.com reports. The company had revenue of $83.80 million during the quarter, compared to analysts’ expectations of $84.83 million. Vicor had a return on equity of 8.59% and a net margin of 11.49%. The business’s revenue for the quarter was down 14.3% compared to the same quarter last year. During the same period last year, the company earned $0.25 earnings per share.
Vicor Trading Down 9.0 %
Shares of VICR opened at $32.03 on Thursday. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 32.03 and a beta of 1.53. The stock has a 50 day moving average of $37.89 and a 200 day moving average of $40.30. Vicor has a 12 month low of $30.92 and a 12 month high of $98.38.
Insider Activity at Vicor
In other Vicor news, VP Kemble D. Morrison sold 2,659 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $37.00, for a total value of $98,383.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Vicor news, VP Kemble D. Morrison sold 2,659 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $37.00, for a total value of $98,383.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Robert Gendron sold 2,000 shares of the firm’s stock in a transaction on Friday, March 8th. The stock was sold at an average price of $36.83, for a total value of $73,660.00. Following the completion of the sale, the vice president now directly owns 5,374 shares of the company’s stock, valued at $197,924.42. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,999 shares of company stock valued at $184,990. 31.30% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Read Our Latest Report on VICR
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.
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