Canada Pension Plan Investment Board Has $899,000 Stock Position in Vicor Co. (NASDAQ:VICR)

Canada Pension Plan Investment Board reduced its stake in Vicor Co. (NASDAQ:VICR - Free Report) by 33.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,600 shares of the electronics maker's stock after selling 9,200 shares during the period. Canada Pension Plan Investment Board's holdings in Vicor were worth $899,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Harbor Capital Advisors Inc. bought a new position in shares of Vicor during the fourth quarter worth $1,557,000. Barclays PLC lifted its holdings in Vicor by 361.6% during the third quarter. Barclays PLC now owns 39,397 shares of the electronics maker's stock worth $1,658,000 after acquiring an additional 30,863 shares in the last quarter. Savant Capital LLC acquired a new position in Vicor in the fourth quarter valued at about $223,000. Geode Capital Management LLC increased its holdings in shares of Vicor by 6.3% in the third quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker's stock worth $24,094,000 after acquiring an additional 33,696 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Vicor by 60.6% during the third quarter. JPMorgan Chase & Co. now owns 3,275,237 shares of the electronics maker's stock worth $137,887,000 after purchasing an additional 1,236,264 shares during the period. 47.45% of the stock is owned by institutional investors and hedge funds.

Vicor Stock Performance

NASDAQ VICR traded down $0.07 during trading on Tuesday, hitting $51.47. The stock had a trading volume of 138,950 shares, compared to its average volume of 228,252. Vicor Co. has a 12 month low of $31.64 and a 12 month high of $65.70. The company's 50-day moving average price is $51.86 and its two-hundred day moving average price is $51.33. The company has a market capitalization of $2.33 billion, a PE ratio of 98.97 and a beta of 1.75.

Vicor (NASDAQ:VICR - Get Free Report) last announced 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 business had revenue of $96.17 million during the quarter, compared to analysts' expectations of $91.03 million.

Insider Activity at Vicor

In other news, CAO Quentin A. Fendelet sold 440 shares of the business's 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Claudio Tuozzolo sold 3,504 shares of Vicor stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $61.00, for a total value of $213,744.00. Following the transaction, the vice president now owns 34,622 shares of the company's stock, valued at $2,111,942. The trade was a 9.19 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,642 shares of company stock valued at $477,070. 31.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on VICR. Craig Hallum raised 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 report on Tuesday, February 18th. Finally, StockNews.com lowered shares of Vicor from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th.

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.