Vicor Co. (NASDAQ:VICR) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP cut its position in shares of Vicor Co. (NASDAQ:VICR - Free Report) by 59.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,736 shares of the electronics maker's stock after selling 39,872 shares during the period. GSA Capital Partners LLP owned approximately 0.06% of Vicor worth $1,168,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Millennium Management LLC purchased a new position in shares of Vicor during the second quarter valued at approximately $5,019,000. Federated Hermes Inc. purchased a new position in Vicor during the 2nd quarter valued at $4,192,000. Kennedy Capital Management LLC grew its position in Vicor by 178.7% in the 1st quarter. Kennedy Capital Management LLC now owns 180,862 shares of the electronics maker's stock valued at $6,916,000 after acquiring an additional 115,966 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Vicor by 14.0% in the second quarter. Dimensional Fund Advisors LP now owns 543,153 shares of the electronics maker's stock worth $18,012,000 after purchasing an additional 66,775 shares during the period. Finally, Bruce & Co. Inc. lifted its position in shares of Vicor by 55.6% during the second quarter. Bruce & Co. Inc. now owns 70,000 shares of the electronics maker's stock worth $2,321,000 after purchasing an additional 25,000 shares during the last quarter. 47.45% of the stock is currently owned by institutional investors.

Insider Transactions at Vicor

In other Vicor news, VP Alex Gusinov sold 856 shares of Vicor stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $59.01, for a total transaction of $50,512.56. Following the completion of the sale, the vice president now owns 16,018 shares of the company's stock, valued at approximately $945,222.18. The trade was a 5.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 31.00% of the company's stock.

Vicor Trading Down 1.6 %

Shares of Vicor stock traded down $0.84 during trading on Friday, hitting $51.95. 297,385 shares of the stock traded hands, compared to its average volume of 232,513. Vicor Co. has a 52-week low of $30.90 and a 52-week high of $61.05. The stock's fifty day simple moving average is $43.68 and its 200 day simple moving average is $38.36. The firm has a market cap of $2.34 billion, a P/E ratio of 108.31 and a beta of 1.48.

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

Analyst Upgrades and Downgrades

Several research analysts recently commented on VICR shares. Craig Hallum raised their price target on shares of Vicor from $35.00 to $43.00 and gave the stock a "hold" rating in a research note on Wednesday, October 23rd. Needham & Company LLC reaffirmed a "hold" rating on shares of Vicor in a research report on Wednesday, October 23rd.

About Vicor

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.