Dynamic Technology Lab Private Ltd Invests $269,000 in Vicor Co. (NASDAQ:VICR)

Dynamic Technology Lab Private Ltd purchased a new stake in shares of Vicor Co. (NASDAQ:VICR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,560 shares of the electronics maker's stock, valued at approximately $269,000.

Other hedge funds have also made changes to their positions in the company. Headlands Technologies LLC purchased a new stake in shares of Vicor in the fourth quarter valued at $140,000. Truist Financial Corp acquired a new position in Vicor during the fourth quarter valued at $213,000. Net Worth Advisory Group purchased a new stake in Vicor in the 4th quarter worth about $218,000. Savant Capital LLC acquired a new stake in Vicor during the 4th quarter worth about $223,000. Finally, KLP Kapitalforvaltning AS purchased a new position in Vicor during the 4th quarter valued at about $227,000. Hedge funds and other institutional investors own 47.45% of the company's stock.

Analyst Upgrades and Downgrades

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

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Vicor Trading Up 0.7 %

NASDAQ VICR traded up $0.35 during trading on Tuesday, reaching $47.02. The company's stock had a trading volume of 96,489 shares, compared to its average volume of 232,559. The stock has a market capitalization of $2.12 billion, a PE ratio of 90.42 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 $52.25 and a 200-day moving average price of $50.86.

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

Insider Transactions at Vicor

In related news, Director Andrew D'amico sold 1,800 shares of the business's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $62.89, for a total transaction of $113,202.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Quentin A. Fendelet sold 440 shares of the firm'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 value of $27,152.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,642 shares of company stock worth $716,070. 31.00% of the stock is owned by corporate insiders.

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.