Vicor Corporation (NASDAQ:VICR – Get Free Report) VP Nancy Grava sold 323 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $355.00, for a total value of $114,665.00. Following the completion of the transaction, the vice president owned 323 shares of the company’s stock, valued at $114,665. The trade was a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Vicor Price Performance
Shares of NASDAQ VICR opened at $342.09 on Friday. The stock has a market capitalization of $15.59 billion, a price-to-earnings ratio of 114.41 and a beta of 2.33. The business has a 50-day moving average of $229.31 and a 200-day moving average of $168.46. Vicor Corporation has a fifty-two week low of $41.76 and a fifty-two week high of $361.89.
Vicor (NASDAQ:VICR – Get Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The electronics maker reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. The company had revenue of $112.97 million during the quarter, compared to analysts’ expectations of $109.05 million. Vicor had a return on equity of 20.21% and a net margin of 28.98%.Vicor’s revenue for the quarter was up 20.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.06 EPS. On average, sell-side analysts expect that Vicor Corporation will post 2.71 EPS for the current year.
Institutional Investors Weigh In On Vicor
Analysts Set New Price Targets
VICR has been the subject of a number of research analyst reports. Wall Street Zen cut Vicor from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Needham & Company LLC lifted their price target on Vicor from $260.00 to $350.00 and gave the stock a “buy” rating in a report on Tuesday. Roth Mkm reiterated a “buy” rating and set a $245.00 price target on shares of Vicor in a report on Monday, April 20th. Finally, Zacks Research upgraded Vicor from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. 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’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $228.33.
View Our Latest Stock Report on VICR
Vicor Company Profile
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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