Alps Advisors Inc. Buys Shares of 13,104 Vicor Corp (VICR)

Alps Advisors Inc. bought a new stake in Vicor Corp (NASDAQ:VICR) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 13,104 shares of the electronics maker’s stock, valued at approximately $406,000.

Several other institutional investors also recently modified their holdings of VICR. Vanguard Group Inc raised its stake in shares of Vicor by 70.8% in the 3rd quarter. Vanguard Group Inc now owns 1,749,018 shares of the electronics maker’s stock valued at $80,455,000 after purchasing an additional 725,018 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Vicor by 70.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,749,018 shares of the electronics maker’s stock valued at $80,455,000 after purchasing an additional 725,018 shares in the last quarter. Ashford Capital Management Inc. raised its stake in shares of Vicor by 25.3% in the 4th quarter. Ashford Capital Management Inc. now owns 743,800 shares of the electronics maker’s stock valued at $28,108,000 after purchasing an additional 149,970 shares in the last quarter. First Washington CORP acquired a new stake in shares of Vicor in the 4th quarter valued at about $4,466,000. Finally, Morgan Stanley raised its stake in shares of Vicor by 110.5% in the 3rd quarter. Morgan Stanley now owns 190,197 shares of the electronics maker’s stock valued at $8,749,000 after purchasing an additional 99,859 shares in the last quarter. Institutional investors and hedge funds own 30.87% of the company’s stock.

Shares of NASDAQ:VICR opened at $32.71 on Thursday. Vicor Corp has a fifty-two week low of $28.75 and a fifty-two week high of $64.50. The stock has a market cap of $1.32 billion, a P/E ratio of 41.94 and a beta of 0.56.



Vicor (NASDAQ:VICR) last announced its quarterly earnings data on Tuesday, February 26th. The electronics maker reported $0.17 earnings per share for the quarter. Vicor had a net margin of 10.99% and a return on equity of 18.08%. The business had revenue of $73.72 million during the quarter. On average, research analysts expect that Vicor Corp will post 0.62 earnings per share for the current year.

In related news, Director H Allen Henderson sold 1,886 shares of the business’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $37.07, for a total transaction of $69,914.02. Following the completion of the sale, the director now owns 2,105 shares of the company’s stock, valued at approximately $78,032.35. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Samuel J. Anderson sold 9,092 shares of the business’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $30.95, for a total transaction of $281,397.40. Following the sale, the director now directly owns 15,223 shares of the company’s stock, valued at approximately $471,151.85. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 21,443 shares of company stock valued at $729,440. Insiders own 37.40% of the company’s stock.

A number of brokerages have recently issued reports on VICR. BidaskClub lowered shares of Vicor from a “hold” rating to a “sell” rating in a research note on Wednesday. ValuEngine raised shares of Vicor from a “hold” rating to a “buy” rating in a research report on Wednesday, April 24th. Northland Securities reaffirmed a “buy” rating and set a $39.00 price objective on shares of Vicor in a research report on Wednesday, April 24th. Finally, TheStreet downgraded shares of Vicor from a “b-” rating to a “c+” rating in a research report on Monday, February 25th.

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Vicor Profile

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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Institutional Ownership by Quarter for Vicor (NASDAQ:VICR)

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