Insider Selling: Vicor Co. (NASDAQ:VICR) Director Sells 4,000 Shares of Stock

Vicor Co. (NASDAQ:VICR - Get Free Report) Director Andrew D'amico sold 4,000 shares of the firm's stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $59.75, for a total transaction of $239,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• 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 Stock Down 0.6 %

Vicor stock traded down $0.35 during mid-day trading on Friday, hitting $57.30. 272,406 shares of the company's stock traded hands, compared to its average volume of 224,607. Vicor Co. has a one year low of $30.90 and a one year high of $62.00. The firm has a 50 day moving average price of $52.47 and a 200 day moving average price of $44.82. The company has a market cap of $2.59 billion, a PE ratio of 119.38 and a beta of 1.50.

Vicor (NASDAQ:VICR - Get Free Report) last posted its quarterly earnings data on Tuesday, October 22nd. The electronics maker reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.13. The business had revenue of $93.17 million during the quarter, compared to the consensus estimate of $85.23 million. Vicor had a net margin of 6.08% and a return on equity of 4.00%. The company's quarterly revenue was down 13.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.37 earnings per share.

Institutional Trading of Vicor

Several institutional investors have recently modified their holdings of VICR. Bouvel Investment Partners LLC grew its position in Vicor by 1.0% in the fourth quarter. Bouvel Investment Partners LLC now owns 24,790 shares of the electronics maker's stock worth $1,198,000 after buying an additional 243 shares during the last quarter. Simon Quick Advisors LLC boosted its stake in shares of Vicor by 4.1% during the 4th quarter. Simon Quick Advisors LLC now owns 8,175 shares of the electronics maker's stock worth $395,000 after acquiring an additional 324 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Vicor by 4.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,021 shares of the electronics maker's stock worth $399,000 after acquiring an additional 552 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Vicor by 202.4% during the third quarter. GAMMA Investing LLC now owns 1,001 shares of the electronics maker's stock worth $42,000 after purchasing an additional 670 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of Vicor by 146.2% during 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 last quarter. Institutional investors and hedge funds own 47.45% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. 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 restated a "hold" rating on shares of Vicor in a research report on Wednesday, October 23rd.

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.