Vicor Co. (NASDAQ:VICR) Director Andrew D’amico Sells 1,800 Shares

Vicor Co. (NASDAQ:VICR) Director Andrew D’amico sold 1,800 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $62.89, for a total transaction of $113,202.00. The sale was disclosed in a document filed with the SEC, which is available at this link.

Andrew D’amico also recently made the following trade(s):

• On Wednesday, January 22nd, Andrew D’amico sold 4,000 shares of Vicor stock. The stock was sold at an average price of $59.75, for a total value of $239,000.00.
• On Monday, January 6th, Andrew D’amico sold 2,000 shares of Vicor stock. The stock was sold at an average price of $51.91, for a total value of $103,820.00.

Vicor Price Performance

Shares of VICR traded up $0.53 during midday trading on Tuesday, reaching $60.88. 334,518 shares of the stock were exchanged, compared to its average volume of 269,114. The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of 116.99 and a beta of 1.51. Vicor Co. has a twelve month low of $30.90 and a twelve month high of $65.50. The business’s 50-day moving average price is $50.94 and its 200 day moving average price is $47.08.

Vicor (NASDAQ:VICR) last released its quarterly earnings results on Thursday, February 20th. The electronics maker reported $0.23 EPS for the quarter, topping the consensus estimate of $0.18 by $0.05. The company had revenue of $96.17 million for the quarter, compared to analyst estimates of $91.03 million. Vicor had a return on equity of 4.29% and a net margin of 6.46%.

Institutional Trading of Vicor

Several institutional investors and hedge funds have recently bought and sold shares of the business. Point72 Asia Singapore Pte. Ltd. increased its stake in 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 purchasing an additional 690 shares during the period. Headlands Technologies LLC purchased a new position in shares of Vicor during the fourth quarter worth about $140,000. Invesco LLC acquired a new position in Vicor in the 3rd quarter valued at about $205,000. Truist Financial Corp purchased a new stake in Vicor during the 4th quarter valued at approximately $213,000. Finally, Net Worth Advisory Group acquired a new stake in Vicor during the 4th quarter worth approximately $218,000. Hedge funds and other institutional investors own 47.45% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on VICR shares. StockNews.com upgraded Vicor from a “hold” rating to a “buy” rating in a research note on Monday. Craig Hallum upgraded shares of Vicor from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 14th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Vicor in a research report on Tuesday, February 18th.

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.