SG Americas Securities LLC Acquires 6,720 Shares of Vicor Co. (NASDAQ:VICR)

SG Americas Securities LLC boosted its holdings in shares of Vicor Co. (NASDAQ:VICR - Free Report) by 64.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,156 shares of the electronics maker's stock after acquiring an additional 6,720 shares during the period. SG Americas Securities LLC's holdings in Vicor were worth $829,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of VICR. Dimensional Fund Advisors LP increased its stake in Vicor by 14.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 543,153 shares of the electronics maker's stock valued at $18,012,000 after purchasing an additional 66,775 shares in the last quarter. Marshall Wace LLP lifted its position in shares of Vicor by 60.7% in the second quarter. Marshall Wace LLP now owns 26,150 shares of the electronics maker's stock worth $867,000 after buying an additional 9,878 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Vicor by 11.0% during the 2nd quarter. AQR Capital Management LLC now owns 74,455 shares of the electronics maker's stock valued at $2,469,000 after acquiring an additional 7,368 shares during the last quarter. Millennium Management LLC bought a new position in Vicor during the second quarter valued at $5,019,000. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of Vicor by 4.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,021 shares of the electronics maker's stock valued at $399,000 after acquiring an additional 552 shares during the last quarter. Institutional investors own 47.45% of the company's stock.

Analyst Upgrades and Downgrades

VICR has been the topic of a number of recent analyst reports. Craig Hallum increased their price objective on shares of Vicor from $35.00 to $43.00 and gave the stock a "hold" rating in a research report on Wednesday, October 23rd. Needham & Company LLC reiterated a "hold" rating on shares of Vicor in a research note on Wednesday, October 23rd.

Vicor Stock Up 2.5 %

NASDAQ:VICR traded up $1.25 during mid-day trading on Thursday, reaching $50.70. 154,530 shares of the stock were exchanged, compared to its average volume of 236,154. The stock has a market capitalization of $2.29 billion, a P/E ratio of 105.63 and a beta of 1.50. Vicor Co. has a 1 year low of $30.90 and a 1 year high of $62.00. The company has a 50 day simple moving average of $52.31 and a 200-day simple moving average of $45.36.

Insider Activity at Vicor

In related news, Director Andrew D'amico sold 4,000 shares of the stock in a transaction on Wednesday, January 22nd. The stock was 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 Securities & Exchange Commission, which is available through this link. Also, VP Alex Gusinov sold 856 shares of the company's stock in a transaction on Wednesday, November 13th. The shares were 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 directly owns 16,018 shares in the company, valued at $945,222.18. This represents a 5.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 14,856 shares of company stock valued at $837,413. Insiders own 31.00% of the company's stock.

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.