55,106 Shares in Vicor Co. (NASDAQ:VICR) Purchased by Norges Bank

Norges Bank bought a new stake in Vicor Co. (NASDAQ:VICR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 55,106 shares of the electronics maker's stock, valued at approximately $2,663,000. Norges Bank owned 0.12% of Vicor as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of VICR. Harbor Capital Advisors Inc. bought a new stake in Vicor in the fourth quarter worth approximately $1,557,000. Barclays PLC increased its stake in shares of Vicor by 361.6% in the 3rd quarter. Barclays PLC now owns 39,397 shares of the electronics maker's stock valued at $1,658,000 after acquiring an additional 30,863 shares in the last quarter. Savant Capital LLC bought a new stake in shares of Vicor in the 4th quarter valued at $223,000. Geode Capital Management LLC lifted its position in shares of Vicor by 6.3% during the 3rd 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 period. Finally, State Street Corp boosted its stake in Vicor by 2.1% during the third quarter. State Street Corp now owns 852,932 shares of the electronics maker's stock worth $35,908,000 after acquiring an additional 17,668 shares in the last quarter. 47.45% of the stock is currently owned by institutional investors and hedge funds.

Vicor Stock Up 0.4 %

VICR stock traded up $0.20 during midday trading on Tuesday, reaching $46.87. 82,377 shares of the company's stock traded hands, compared to its average volume of 232,498. The firm's fifty day moving average price is $52.25 and its 200-day moving average price is $50.86. Vicor Co. has a 52 week low of $30.90 and a 52 week high of $65.70. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 90.14 and a beta of 1.75.

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

Insider Transactions at Vicor

In other Vicor news, Director Andrew D'amico sold 4,000 shares of Vicor stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $59.75, for a total transaction of $239,000.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Quentin A. Fendelet sold 440 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $61.71, for a total transaction of $27,152.40. The disclosure for this sale can be found here. Insiders sold a total of 11,642 shares of company stock valued at $716,070 over the last ninety days. 31.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VICR. Craig Hallum upgraded shares of Vicor from a "hold" rating to a "strong-buy" rating in a report on Friday, February 14th. StockNews.com lowered Vicor from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Vicor in a report on Tuesday, February 18th.

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.