Arrowstreet Capital Limited Partnership Purchases New Position in Vicor Co. (NASDAQ:VICR)

Arrowstreet Capital Limited Partnership acquired a new position in Vicor Co. (NASDAQ:VICR - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 9,863 shares of the electronics maker's stock, valued at approximately $477,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. purchased a new position in shares of Vicor during the 4th quarter worth $1,557,000. Barclays PLC lifted its position in Vicor by 361.6% in the third quarter. Barclays PLC now owns 39,397 shares of the electronics maker's stock valued at $1,658,000 after buying an additional 30,863 shares during the last quarter. Savant Capital LLC purchased a new position in Vicor during the fourth quarter worth about $223,000. Geode Capital Management LLC increased its position in shares of Vicor by 6.3% during the third quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker's stock valued at $24,094,000 after acquiring an additional 33,696 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Vicor by 2.1% in the 3rd quarter. State Street Corp now owns 852,932 shares of the electronics maker's stock valued at $35,908,000 after acquiring an additional 17,668 shares during the period. Institutional investors and hedge funds own 47.45% of the company's stock.

Insider Buying and Selling

In other Vicor news, Director Andrew D'amico sold 4,000 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $59.75, for a total value of $239,000.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Claudio Tuozzolo sold 1,898 shares of Vicor stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $64.79, for a total transaction of $122,971.42. Following the sale, the vice president now directly owns 33,622 shares of the company's stock, valued at approximately $2,178,369.38. This trade represents a 5.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,642 shares of company stock valued at $716,070 in the last three months. 31.00% of the stock is owned by corporate insiders.

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Vicor Trading Up 0.8 %

VICR traded up $0.37 during trading hours on Tuesday, hitting $47.04. 306,247 shares of the company's stock were exchanged, compared to its average volume of 233,373. The firm has a market cap of $2.13 billion, a P/E ratio of 90.46 and a beta of 1.75. Vicor Co. has a 12-month low of $30.90 and a 12-month high of $65.70. The firm has a 50 day moving average of $52.25 and a 200 day moving average of $50.86.

Vicor (NASDAQ:VICR - Get Free Report) last posted 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 business had revenue of $96.17 million during the quarter, compared to the consensus estimate of $91.03 million. Vicor had a net margin of 6.46% and a return on equity of 4.29%.

Analyst Ratings Changes

A number of analysts have issued reports on VICR shares. StockNews.com lowered Vicor from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Needham & Company LLC reiterated a "hold" rating on shares of Vicor in a report on Tuesday, February 18th. Finally, Craig Hallum raised Vicor from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th.

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.