Charles Schwab Investment Management Inc. Grows Stock Holdings in Vicor Co. (NASDAQ:VICR)

Charles Schwab Investment Management Inc. increased its stake in shares of Vicor Co. (NASDAQ:VICR - Free Report) by 2.7% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 212,372 shares of the electronics maker's stock after purchasing an additional 5,659 shares during the period. Charles Schwab Investment Management Inc. owned 0.47% of Vicor worth $10,262,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of Vicor by 60.6% in the third quarter. JPMorgan Chase & Co. now owns 3,275,237 shares of the electronics maker's stock worth $137,887,000 after buying an additional 1,236,264 shares in the last quarter. Geode Capital Management LLC increased its holdings in Vicor by 6.3% during the 3rd 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 during the period. Harbor Capital Advisors Inc. purchased a new stake in Vicor in the 4th quarter worth approximately $1,557,000. Barclays PLC lifted its stake in Vicor by 361.6% in the 3rd quarter. Barclays PLC now owns 39,397 shares of the electronics maker's stock worth $1,658,000 after purchasing an additional 30,863 shares in the last quarter. Finally, Needham Investment Management LLC boosted its holdings in Vicor by 2.4% in the 3rd quarter. Needham Investment Management LLC now owns 906,439 shares of the electronics maker's stock valued at $38,161,000 after purchasing an additional 21,439 shares during the period. Institutional investors own 47.45% of the company's stock.

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Wall Street Analyst Weigh In

VICR has been the topic of a number of recent analyst reports. Craig Hallum upgraded Vicor from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 14th. Needham & Company LLC reaffirmed a "hold" rating on shares of Vicor in a report on Tuesday, February 18th. Finally, StockNews.com downgraded Vicor from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th.

Insider Activity at Vicor

In other news, Director Andrew D'amico sold 4,000 shares of Vicor stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $59.75, for a total value of $239,000.00. The transaction was disclosed in a filing with the SEC, which is available at 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 value of $27,152.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,642 shares of company stock valued at $819,890. Corporate insiders own 31.00% of the company's stock.

Vicor Trading Down 2.1 %

Shares of Vicor stock traded down $1.13 on Wednesday, hitting $53.47. 154,103 shares of the company traded hands, compared to its average volume of 223,263. Vicor Co. has a 12-month low of $30.90 and a 12-month high of $65.70. The company has a market cap of $2.42 billion, a P/E ratio of 102.83 and a beta of 1.45. The firm's 50-day simple moving average is $53.78 and its 200 day simple moving average is $49.91.

Vicor (NASDAQ:VICR - Get Free Report) last released its earnings results on Thursday, February 20th. The electronics maker reported $0.23 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $91.03 million.

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.