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.
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.
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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