Vicor Co. (NASDAQ:VICR) Director Sells $113,202.00 in Stock

Vicor Co. (NASDAQ:VICR - Get Free Report) Director Andrew D'amico sold 1,800 shares of the business's stock in a transaction that occurred on 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 SEC, which is available at this link.

Andrew D'amico also recently made the following trade(s):

• On Wednesday, January 22nd, Andrew D'amico sold 4,000 shares of Vicor stock. The stock was sold at an average price of $59.75, for a total transaction of $239,000.00.
• On Monday, January 6th, Andrew D'amico sold 2,000 shares of Vicor stock. The stock was sold at an average price of $51.91, for a total transaction of $103,820.00.

Vicor Stock Performance

Shares of VICR stock traded up $1.65 on Friday, hitting $63.33. The stock had a trading volume of 237,234 shares, compared to its average volume of 279,132. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of 121.79 and a beta of 1.51. The stock's 50 day moving average is $51.90 and its 200-day moving average is $47.66. Vicor Co. has a 52-week low of $30.90 and a 52-week high of $65.70.

Vicor (NASDAQ:VICR - Get Free Report) last announced its earnings results on Thursday, February 20th. The electronics maker reported $0.23 earnings per share 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 the consensus estimate of $91.03 million. Vicor had a net margin of 6.46% and a return on equity of 4.29%.

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Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Craig Hallum upgraded shares of Vicor from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th. Needham & Company LLC restated a "hold" rating on shares of Vicor in a research note on Tuesday, February 18th. Finally, StockNews.com upgraded shares of Vicor from a "hold" rating to a "buy" rating in a research note on Monday.

Institutional Trading of Vicor

Institutional investors have recently added to or reduced their stakes in the stock. Point72 Asia Singapore Pte. Ltd. raised its holdings in Vicor by 146.2% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,162 shares of the electronics maker's stock valued at $49,000 after acquiring an additional 690 shares in the last quarter. Headlands Technologies LLC acquired a new stake in Vicor in the fourth quarter valued at $140,000. Invesco LLC acquired a new stake in Vicor in the third quarter valued at $205,000. Truist Financial Corp acquired a new stake in Vicor in the fourth quarter valued at $213,000. Finally, Net Worth Advisory Group acquired a new stake in Vicor in the fourth quarter valued at $218,000. 47.45% of the stock is owned by institutional investors and hedge funds.

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.