Vicor (NASDAQ:VICR) Shares Down 15.2% - Should You Sell?

Vicor Co. (NASDAQ:VICR - Get Free Report)'s stock price fell 15.2% during trading on Monday . The stock traded as low as $52.03 and last traded at $50.52. 112,268 shares traded hands during trading, a decline of 59% from the average session volume of 276,506 shares. The stock had previously closed at $59.55.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. StockNews.com downgraded shares of Vicor from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Craig Hallum raised Vicor from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Vicor in a report on Tuesday, February 18th.

Vicor Stock Performance

The company has a 50-day moving average of $53.00 and a 200-day moving average of $48.80. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 103.54 and a beta of 1.45.

Vicor (NASDAQ:VICR - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The electronics maker reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.05. The business had revenue of $96.17 million for the quarter, compared to the consensus estimate of $91.03 million. Vicor had a return on equity of 4.29% and a net margin of 6.46%.

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Insider Transactions at Vicor

In other Vicor news, Director Andrew D'amico sold 4,000 shares of the business's 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 the SEC website. Also, CAO Quentin A. Fendelet sold 440 shares of the stock in a transaction on Monday, March 3rd. The stock was 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. Insiders sold a total of 13,642 shares of company stock worth $819,890 over the last ninety days. 31.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of VICR. Harbor Capital Advisors Inc. purchased a new stake in Vicor in the fourth quarter valued at approximately $1,557,000. Barclays PLC increased its holdings in shares of Vicor by 361.6% during the 3rd quarter. Barclays PLC now owns 39,397 shares of the electronics maker's stock worth $1,658,000 after buying an additional 30,863 shares during the last quarter. Savant Capital LLC purchased a new position in shares of Vicor in the 4th quarter worth $223,000. Charles Schwab Investment Management Inc. boosted its holdings in Vicor by 6.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 206,713 shares of the electronics maker's stock valued at $8,703,000 after acquiring an additional 12,203 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Vicor by 6.3% in the third quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker's stock valued at $24,094,000 after acquiring an additional 33,696 shares during the last quarter. Institutional investors and hedge funds own 47.45% of the company's stock.

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.