Alliancebernstein L.P. Sells 5,800 Shares of Vicor Co. (NASDAQ:VICR)

Alliancebernstein L.P. lowered its stake in Vicor Co. (NASDAQ:VICR - Free Report) by 20.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,241 shares of the electronics maker's stock after selling 5,800 shares during the period. Alliancebernstein L.P.'s holdings in Vicor were worth $1,075,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of VICR. JPMorgan Chase & Co. lifted its position in shares of Vicor by 17.5% in the 4th quarter. JPMorgan Chase & Co. now owns 3,847,330 shares of the electronics maker's stock valued at $185,903,000 after acquiring an additional 572,093 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Vicor by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 2,529,448 shares of the electronics maker's stock worth $122,223,000 after buying an additional 18,893 shares during the period. Wealthfront Advisers LLC purchased a new position in shares of Vicor during the fourth quarter valued at $79,889,000. State Street Corp raised its position in Vicor by 2.1% during the third quarter. State Street Corp now owns 852,932 shares of the electronics maker's stock valued at $35,908,000 after buying an additional 17,668 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Vicor by 6.3% in the 3rd quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker's stock worth $24,094,000 after acquiring an additional 33,696 shares in the last quarter. 47.45% of the stock is owned by institutional investors.

Insider Buying and Selling at Vicor

In related news, Director Andrew D'amico sold 1,800 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $62.89, for a total transaction of $113,202.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Claudio Tuozzolo sold 3,504 shares of the company's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $61.00, for a total transaction of $213,744.00. Following the sale, the vice president now owns 34,622 shares of the company's stock, valued at $2,111,942. This trade represents a 9.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,642 shares of company stock worth $477,070 over the last 90 days. Insiders own 31.00% of the company's stock.

Analyst Upgrades and Downgrades

VICR has been the topic of several research analyst reports. StockNews.com cut Vicor from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Craig Hallum upgraded shares of Vicor from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Vicor in a research report on Tuesday, February 18th.

Vicor Trading Up 2.3 %

NASDAQ VICR traded up $1.10 during trading on Wednesday, reaching $47.94. The company's stock had a trading volume of 100,779 shares, compared to its average volume of 232,021. The stock has a market capitalization of $2.17 billion, a PE ratio of 92.42 and a beta of 1.75. Vicor Co. has a 1-year low of $30.90 and a 1-year high of $65.70. The business has a 50-day moving average price of $51.86 and a 200-day moving average price of $51.01.

Vicor (NASDAQ:VICR - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The electronics maker reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.05. The company had revenue of $96.17 million during the quarter, compared to analysts' expectations of $91.03 million. Vicor had a return on equity of 4.29% and a net margin of 6.46%.

Vicor 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.