Insider Selling: Vicor (NASDAQ:VICR) VP Sells $697,577.67 in Stock

Vicor Corporation (NASDAQ:VICRGet Free Report) VP Kemble Morrison sold 2,313 shares of Vicor stock in a transaction on Monday, May 11th. The shares were sold at an average price of $301.59, for a total transaction of $697,577.67. Following the completion of the sale, the vice president directly owned 372 shares in the company, valued at $112,191.48. This represents a 86.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Vicor Stock Performance

Shares of NASDAQ VICR opened at $290.54 on Friday. The firm has a fifty day moving average of $208.09 and a 200 day moving average of $154.73. The firm has a market cap of $13.24 billion, a PE ratio of 97.17 and a beta of 2.33. Vicor Corporation has a one year low of $40.54 and a one year high of $316.82.

Vicor (NASDAQ:VICRGet Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The electronics maker reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.04. The business had revenue of $112.97 million for the quarter, compared to the consensus estimate of $109.05 million. Vicor had a net margin of 28.98% and a return on equity of 20.21%. The company’s revenue was up 20.2% compared to the same quarter last year. During the same period last year, the firm posted $0.06 earnings per share. On average, equities analysts predict that Vicor Corporation will post 2.71 EPS for the current fiscal year.

Institutional Investors Weigh In On Vicor

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in Vicor by 2.5% during the fourth quarter. Vanguard Group Inc. now owns 2,534,534 shares of the electronics maker’s stock worth $277,785,000 after buying an additional 60,963 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Vicor by 4.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 578,515 shares of the electronics maker’s stock valued at $28,759,000 after buying an additional 25,393 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Vicor by 43.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 536,274 shares of the electronics maker’s stock worth $86,340,000 after acquiring an additional 162,186 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Vicor by 1,542.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 439,820 shares of the electronics maker’s stock worth $48,205,000 after acquiring an additional 413,038 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of Vicor by 3,918.9% during the 4th quarter. The Manufacturers Life Insurance Company now owns 432,189 shares of the electronics maker’s stock worth $47,368,000 after acquiring an additional 421,435 shares during the period. 47.45% of the stock is currently owned by hedge funds and other institutional investors.

Key Vicor News

Here are the key news stories impacting Vicor this week:

  • Positive Sentiment: Vicor’s latest earnings report beat expectations, with EPS of $0.44 versus $0.40 expected and revenue of $112.97 million topping estimates, while sales rose 20.2% year over year. Vicor earnings and stock overview
  • Positive Sentiment: Recent coverage highlighted record AI data-center demand as a key growth driver for Vicor, supporting the rally and keeping investors focused on upside tied to power-efficient computing hardware. Vicor record data-center demand article
  • Neutral Sentiment: Jim Cramer commented on Vicor, saying investors who do not already own it should be patient, adding to the stock’s visibility but not changing the fundamental picture. Jim Cramer on Vicor
  • Negative Sentiment: Several insiders sold shares over the past few days, including Director Andrew D’amico and VP Kemble Morrison, which can create near-term caution after a sharp run-up. Vicor insider selling

Analyst Ratings Changes

A number of equities analysts have commented on the company. Roth Mkm reissued a “buy” rating and set a $245.00 target price on shares of Vicor in a report on Monday, April 20th. Wall Street Zen lowered Vicor from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Zacks Research raised Vicor from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. Needham & Company LLC raised their price objective on Vicor from $180.00 to $260.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vicor in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $198.33.

Get Our Latest Report on VICR

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.

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Insider Buying and Selling by Quarter for Vicor (NASDAQ:VICR)

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