Vicor (NASDAQ:VICR) VP Sells $374,059.64 in Stock

by · The Cerbat Gem

Vicor Corporation (NASDAQ:VICR – Get Free Report) VP Alex Gusinov sold 3,844 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $97.31, for a total transaction of $374,059.64. Following the completion of the transaction, the vice president directly owned 10,340 shares of the company’s stock, valued at approximately $1,006,185.40. The trade was a 27.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Alex Gusinov also recently made the following trade(s):

  • On Friday, November 21st, Alex Gusinov sold 1,571 shares of Vicor stock. The stock was sold at an average price of $86.05, for a total transaction of $135,184.55.
  • On Tuesday, October 28th, Alex Gusinov sold 4,019 shares of Vicor stock. The stock was sold at an average price of $89.75, for a total value of $360,705.25.

Vicor Stock Performance

VICR stock opened at $104.40 on Friday. The company has a market capitalization of $4.66 billion, a P/E ratio of 57.05 and a beta of 1.94. The company has a fifty day moving average price of $87.14 and a 200-day moving average price of $61.61. Vicor Corporation has a 52-week low of $38.92 and a 52-week high of $104.61.

Vicor (NASDAQ:VICR – Get Free Report) last announced its quarterly earnings data on Tuesday, October 21st. The electronics maker reported $0.63 EPS for the quarter, topping the consensus estimate of $0.20 by $0.43. Vicor had a net margin of 18.63% and a return on equity of 13.77%. The company had revenue of $110.42 million during the quarter, compared to the consensus estimate of $95.40 million. During the same quarter last year, the firm posted $0.26 EPS. The company’s quarterly revenue was up 18.5% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Nisa Investment Advisors LLC increased its position in shares of Vicor by 53.4% during the third quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker’s stock valued at $30,000 after buying an additional 210 shares during the period. PNC Financial Services Group Inc. grew its stake in Vicor by 13.7% during the third quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the electronics maker’s stock valued at $56,000 after acquiring an additional 136 shares in the last quarter. Strs Ohio bought a new stake in Vicor during the 1st quarter worth approximately $56,000. iSAM Funds UK Ltd purchased a new stake in Vicor in the 3rd quarter worth approximately $79,000. Finally, Tower Research Capital LLC TRC lifted its stake in Vicor by 993.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,782 shares of the electronics maker’s stock worth $172,000 after purchasing an additional 3,436 shares in the last quarter. 47.45% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have commented on VICR shares. Wall Street Zen downgraded Vicor from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vicor in a research report on Wednesday, October 8th. Needham & Company LLC set a $90.00 price target on Vicor and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Zacks Research upgraded Vicor to a “hold” rating in a research note on Tuesday. Finally, Craig Hallum raised shares of Vicor from a “hold” rating to a “buy” rating and set a $90.00 price objective on the stock in a report on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Vicor presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.33.

Check Out Our Latest Report on Vicor

About Vicor

(Get Free Report)

Vicor Corporation is a designer and manufacturer of modular power components and systems, serving a wide range of industries that demand high performance and efficiency. Headquartered in Andover, Massachusetts, the company develops power conversion solutions that help customers optimize energy delivery in applications from telecommunications and data centers to industrial and automotive systems.

The company’s product portfolio includes high-density DC-DC converters, AC-DC front-end modules, point-of-load regulators and complete power systems that combine multiple conversion stages in a single package.

Read More