Andrew D’amico Sells 2,000 Shares of Vicor Co. (NASDAQ:VICR) Stock

Vicor Co. (NASDAQ:VICR) Director Andrew D’amico sold 2,000 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $51.91, for a total transaction of $103,820.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Vicor Stock Performance

Shares of NASDAQ VICR opened at $49.28 on Thursday. The firm has a 50 day moving average price of $53.03 and a 200 day moving average price of $43.48. The stock has a market cap of $2.22 billion, a P/E ratio of 102.67 and a beta of 1.50. Vicor Co. has a 52-week low of $30.90 and a 52-week high of $61.05.

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

Analyst Ratings Changes

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Headlands Technologies LLC increased its holdings in shares of Vicor by 98.8% during the 2nd quarter. Headlands Technologies LLC now owns 1,147 shares of the electronics maker’s stock worth $38,000 after acquiring an additional 570 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Vicor by 202.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,001 shares of the electronics maker’s stock valued at $42,000 after purchasing an additional 670 shares during the period. Eastern Bank acquired a new position in shares of Vicor during the 3rd quarter worth approximately $42,000. Point72 Asia Singapore Pte. Ltd. raised its position in shares of Vicor by 146.2% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,162 shares of the electronics maker’s stock valued at $49,000 after buying an additional 690 shares in the last quarter. Finally, Point72 DIFC Ltd boosted its stake in shares of Vicor by 66.7% in the second quarter. Point72 DIFC Ltd now owns 2,191 shares of the electronics maker’s stock valued at $73,000 after buying an additional 877 shares during the period. Institutional investors own 47.45% 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 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.