Vicor Co. (NASDAQ:VICR) VP Claudio Tuozzolo sold 1,934 shares of the company’s stock in a transaction dated Monday, September 13th. The shares were sold at an average price of $124.01, for a total value of $239,835.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Claudio Tuozzolo also recently made the following trade(s):
- On Thursday, September 9th, Claudio Tuozzolo sold 1,117 shares of Vicor stock. The shares were sold at an average price of $126.19, for a total value of $140,954.23.
- On Wednesday, August 4th, Claudio Tuozzolo sold 1,007 shares of Vicor stock. The shares were sold at an average price of $119.06, for a total transaction of $119,893.42.
- On Monday, July 26th, Claudio Tuozzolo sold 9,183 shares of Vicor stock. The shares were sold at an average price of $112.07, for a total transaction of $1,029,138.81.
Vicor stock traded up $0.40 during mid-day trading on Wednesday, reaching $126.93. 573 shares of the company’s stock were exchanged, compared to its average volume of 124,150. The business’s fifty day simple moving average is $117.25 and its 200 day simple moving average is $99.74. Vicor Co. has a one year low of $73.71 and a one year high of $129.26. The firm has a market capitalization of $5.53 billion, a PE ratio of 109.30 and a beta of 0.68.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Lazard Asset Management LLC purchased a new position in Vicor in the first quarter valued at about $34,000. Point72 Hong Kong Ltd lifted its stake in Vicor by 619.2% in the 1st quarter. Point72 Hong Kong Ltd now owns 561 shares of the electronics maker’s stock worth $48,000 after purchasing an additional 483 shares in the last quarter. Royal Bank of Canada lifted its stake in Vicor by 333.7% in the 2nd quarter. Royal Bank of Canada now owns 1,878 shares of the electronics maker’s stock worth $199,000 after purchasing an additional 1,445 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in Vicor in the 2nd quarter worth approximately $218,000. Finally, Vident Investment Advisory LLC purchased a new stake in Vicor in the 2nd quarter worth approximately $221,000. Hedge funds and other institutional investors own 38.31% of the company’s stock.
A number of analysts have commented on the company. Zacks Investment Research raised Vicor from a “hold” rating to a “buy” rating and set a $121.00 price objective for the company in a report on Tuesday, July 27th. Needham & Company LLC raised their price objective on Vicor from $110.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, July 23rd. Finally, Northland Securities initiated coverage on shares of Vicor in a research note on Friday, July 23rd. They issued a “hold” rating and a $100.00 target price for the company. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Vicor has a consensus rating of “Buy” and a consensus price target of $117.20.
Vicor Corp. engages in the design, development, manufacture, and marketing of modular power components. The firm provides complete power systems based upon a portfolio of patented technologies. Its products include AC-DC converters, power systems, and accessories. The company was founded by Patrizio Vinciarelli in 1981 and is headquartered in Andover, MA.
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