Vicor Co. (NASDAQ:VICR) Director Estia J. Eichten Sells 4,514 Shares

Vicor Co. (NASDAQ:VICR) Director Estia J. Eichten sold 4,514 shares of Vicor stock in a transaction dated Monday, October 25th. The stock was sold at an average price of $148.64, for a total transaction of $670,960.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of NASDAQ:VICR opened at $146.08 on Thursday. The company has a 50 day moving average of $129.93 and a 200 day moving average of $107.82. The stock has a market cap of $6.37 billion, a P/E ratio of 127.03 and a beta of 0.68. Vicor Co. has a 12 month low of $73.71 and a 12 month high of $156.96.

Vicor (NASDAQ:VICR) last issued its quarterly earnings data on Wednesday, October 20th. The electronics maker reported $0.29 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.15). Vicor had a net margin of 14.85% and a return on equity of 14.18%. During the same quarter in the previous year, the firm posted $0.13 EPS. On average, equities analysts anticipate that Vicor Co. will post 1.64 earnings per share for the current year.

A number of large investors have recently modified their holdings of VICR. State of New Jersey Common Pension Fund D purchased a new position in Vicor in the 3rd quarter worth approximately $2,948,000. Strs Ohio grew its stake in Vicor by 152.6% in the 3rd quarter. Strs Ohio now owns 4,800 shares of the electronics maker’s stock worth $643,000 after buying an additional 2,900 shares in the last quarter. Everence Capital Management Inc. grew its stake in Vicor by 125.4% in the 3rd quarter. Everence Capital Management Inc. now owns 4,440 shares of the electronics maker’s stock worth $596,000 after buying an additional 2,470 shares in the last quarter. Avantax Advisory Services Inc. purchased a new position in Vicor in the 3rd quarter worth approximately $307,000. Finally, Kestra Advisory Services LLC grew its stake in Vicor by 142.0% in the 3rd quarter. Kestra Advisory Services LLC now owns 5,152 shares of the electronics maker’s stock worth $691,000 after buying an additional 3,023 shares in the last quarter. 38.31% of the stock is owned by institutional investors.

VICR has been the topic of several research reports. Zacks Investment Research lowered shares of Vicor from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Craig Hallum boosted their price target on shares of Vicor from $150.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, October 4th. Northland Securities initiated coverage on shares of Vicor in a research report on Friday, July 23rd. They issued a “hold” rating and a $100.00 price target on the stock. Finally, Needham & Company LLC boosted their price target on shares of Vicor from $125.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, October 22nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $141.20.

About Vicor

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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