152,087 Shares in Vicor Co. (NASDAQ:VICR) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new stake in shares of Vicor Co. (NASDAQ:VICR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 152,087 shares of the electronics maker's stock, valued at approximately $7,349,000. Raymond James Financial Inc. owned 0.34% of Vicor as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Harbor Capital Advisors Inc. bought a new position in shares of Vicor during the 4th quarter valued at approximately $1,557,000. Barclays PLC lifted its stake in shares of Vicor by 361.6% during the 3rd 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 in the last quarter. Savant Capital LLC purchased a new stake in shares of Vicor during the 4th quarter valued at approximately $223,000. Geode Capital Management LLC lifted its stake 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 buying an additional 33,696 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Vicor by 60.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,275,237 shares of the electronics maker's stock valued at $137,887,000 after buying an additional 1,236,264 shares in the last quarter. 47.45% of the stock is owned by institutional investors.

Insider Transactions at Vicor

In related news, VP Claudio Tuozzolo sold 3,504 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $61.00, for a total transaction of $213,744.00. Following the completion of the transaction, the vice president now owns 34,622 shares of the company's stock, valued at $2,111,942. This trade represents a 9.19 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrew D'amico sold 1,800 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $62.89, for a total value of $113,202.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,642 shares of company stock valued at $477,070. Corporate insiders own 31.00% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. StockNews.com cut shares of Vicor from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Needham & Company LLC restated a "hold" rating on shares of Vicor in a research note on Tuesday, February 18th. Finally, Craig Hallum upgraded shares of Vicor from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th.

Vicor Stock Performance

VICR stock traded down $0.56 during trading on Tuesday, hitting $50.97. 7,846 shares of the company traded hands, compared to its average volume of 227,737. The firm has a market capitalization of $2.30 billion, a PE ratio of 97.31 and a beta of 1.75. Vicor Co. has a 1 year low of $31.64 and a 1 year high of $65.70. The company has a 50-day moving average of $51.86 and a 200-day moving average of $51.33.

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 for the quarter, topping the consensus estimate of $0.18 by $0.05. Vicor had a return on equity of 4.29% and a net margin of 6.46%. The business had revenue of $96.17 million during the quarter, compared to analysts' expectations of $91.03 million.

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.