Colrain Capital LLC acquired a new position in shares of Vicor Co. (NASDAQ:VICR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 190,002 shares of the electronics maker's stock, valued at approximately $9,181,000. Vicor comprises about 9.0% of Colrain Capital LLC's portfolio, making the stock its 3rd biggest holding. Colrain Capital LLC owned 0.42% of Vicor as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently made changes to their positions in the company. Harbor Capital Advisors Inc. purchased a new stake in shares of Vicor during the fourth quarter valued at approximately $1,557,000. Barclays PLC grew its stake in Vicor by 361.6% in the 3rd quarter. Barclays PLC now owns 39,397 shares of the electronics maker's stock valued at $1,658,000 after purchasing an additional 30,863 shares during the period. Savant Capital LLC purchased a new stake in shares of Vicor during the 4th quarter valued at $223,000. Geode Capital Management LLC raised its stake in shares of Vicor by 6.3% during the 3rd quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker's stock worth $24,094,000 after purchasing an additional 33,696 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Vicor by 6.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 206,713 shares of the electronics maker's stock worth $8,703,000 after buying an additional 12,203 shares during the last quarter. Institutional investors own 47.45% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on VICR shares. StockNews.com cut shares of Vicor from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Needham & Company LLC reiterated a "hold" rating on shares of Vicor in a research note on Tuesday, February 18th. Finally, Craig Hallum raised Vicor from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 14th.
View Our Latest Stock Report on Vicor
Vicor Stock Performance
NASDAQ VICR traded up $1.55 during trading on Wednesday, hitting $48.57. 200,958 shares of the company's stock traded hands, compared to its average volume of 228,021. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 93.41 and a beta of 1.45. Vicor Co. has a 12-month low of $30.90 and a 12-month high of $65.70. The business has a 50 day moving average of $53.58 and a 200-day moving average of $50.38.
Vicor (NASDAQ:VICR - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The electronics maker reported $0.23 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.05. Vicor had a net margin of 6.46% and a return on equity of 4.29%. The company had revenue of $96.17 million for the quarter, compared to analysts' expectations of $91.03 million.
Insider Transactions at Vicor
In related news, CAO Quentin A. Fendelet sold 440 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $61.71, for a total transaction of $27,152.40. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Claudio Tuozzolo sold 1,898 shares of the firm's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $64.79, for a total transaction of $122,971.42. Following the completion of the transaction, the vice president now directly owns 33,622 shares of the company's stock, valued at approximately $2,178,369.38. The trade was a 5.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,642 shares of company stock valued at $819,890 over the last three months. Company insiders own 31.00% of the company's stock.
About Vicor
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Free Report)
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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