Andrew D’amico Sells 800 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICRGet Free Report) Director Andrew D’amico sold 800 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $315.35, for a total value of $252,280.00. Following the sale, the director directly owned 800 shares in the company, valued at $252,280. This represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Andrew D’amico also recently made the following trade(s):

  • On Wednesday, May 13th, Andrew D’amico sold 1,200 shares of Vicor stock. The stock was sold at an average price of $312.31, for a total value of $374,772.00.
  • On Tuesday, May 12th, Andrew D’amico sold 565 shares of Vicor stock. The stock was sold at an average price of $303.03, for a total value of $171,211.95.
  • On Monday, May 4th, Andrew D’amico sold 7,512 shares of Vicor stock. The shares were sold at an average price of $252.89, for a total transaction of $1,899,709.68.
  • On Monday, April 27th, Andrew D’amico sold 800 shares of Vicor stock. The shares were sold at an average price of $277.00, for a total transaction of $221,600.00.

Vicor Stock Performance

Shares of NASDAQ:VICR traded down $20.08 during trading hours on Friday, reaching $270.46. The stock had a trading volume of 560,445 shares, compared to its average volume of 829,576. Vicor Corporation has a 1 year low of $40.54 and a 1 year high of $316.82. The firm’s 50 day moving average is $208.09 and its 200-day moving average is $154.73. The stock has a market capitalization of $12.33 billion, a price-to-earnings ratio of 90.28 and a beta of 2.33.

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

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on VICR

Institutional Trading of Vicor

Large investors have recently bought and sold shares of the business. Federated Hermes Inc. acquired a new stake in Vicor during the 4th quarter worth $27,000. Blue Trust Inc. boosted its stake in Vicor by 1,814.3% during the 1st quarter. Blue Trust Inc. now owns 268 shares of the electronics maker’s stock worth $43,000 after purchasing an additional 254 shares during the period. ROSS JOHNSON & Associates LLC boosted its stake in Vicor by 13,750.0% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 277 shares of the electronics maker’s stock worth $45,000 after purchasing an additional 275 shares during the period. Harbour Investments Inc. acquired a new stake in Vicor during the 4th quarter worth $32,000. Finally, Meeder Asset Management Inc. boosted its stake in Vicor by 189.4% during the 1st quarter. Meeder Asset Management Inc. now owns 301 shares of the electronics maker’s stock worth $48,000 after purchasing an additional 197 shares during the period. Institutional investors and hedge funds own 47.45% of the company’s stock.

Vicor Company Profile

(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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