Vicor Corporation (NASDAQ:VICR – Get Free Report) Director Andrew D’amico sold 754 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $330.00, for a total transaction of $248,820.00. Following the sale, the director owned 754 shares of the company’s stock, valued at $248,820. This represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Andrew D’amico also recently made the following trade(s):
- On Monday, June 22nd, Andrew D’amico sold 1,216 shares of Vicor stock. The shares were sold at an average price of $360.77, for a total value of $438,696.32.
- On Thursday, May 14th, Andrew D’amico sold 800 shares of Vicor stock. The shares were sold at an average price of $315.35, for a total value of $252,280.00.
- 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 value 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 value of $221,600.00.
Vicor Trading Up 2.9%
NASDAQ VICR opened at $331.59 on Friday. The stock has a market cap of $15.11 billion, a PE ratio of 110.90 and a beta of 2.36. Vicor Corporation has a twelve month low of $41.76 and a twelve month high of $369.40. The stock has a fifty day simple moving average of $287.59 and a 200-day simple moving average of $200.40.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Vicor in a research note on Monday, June 1st. Roth Mkm lifted their target price on shares of Vicor from $285.00 to $375.00 and gave the company a “buy” rating in a report on Monday. Wall Street Zen lowered Vicor from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Craig Hallum upped their price target on Vicor to $450.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Needham & Company LLC raised their price target on Vicor to $400.00 and gave the stock a “buy” rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $408.33.
Check Out Our Latest Stock Report on Vicor
Institutional Trading of Vicor
Several hedge funds have recently made changes to their positions in VICR. Vanguard Group Inc. boosted its stake in shares of Vicor by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 2,534,534 shares of the electronics maker’s stock valued at $277,785,000 after purchasing an additional 60,963 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of Vicor by 39.6% in the first quarter. The Manufacturers Life Insurance Company now owns 603,364 shares of the electronics maker’s stock valued at $97,142,000 after purchasing an additional 171,175 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Vicor by 4.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 578,515 shares of the electronics maker’s stock worth $28,759,000 after buying an additional 25,393 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Vicor by 43.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 536,274 shares of the electronics maker’s stock worth $86,340,000 after buying an additional 162,186 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Vicor by 1,542.2% during 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 buying an additional 413,038 shares in the last quarter. Institutional investors and hedge funds own 47.45% of the company’s stock.
Vicor News Summary
Here are the key news stories impacting Vicor this week:
- Positive Sentiment: Analysts remain constructive on Vicor, with Craig Hallum, Needham, and Roth Mkm all raising price targets and keeping buy ratings. The stock still carries a consensus Buy rating, which supports the recent strength in shares. Article Title
- Positive Sentiment: Vicor’s last quarterly report showed solid execution, with EPS and revenue both beating expectations and revenue rising 20.2% year over year. That strong operating trend helps explain why the stock has been trading near its high end. Article Title
- Neutral Sentiment: Short-interest data showed no material change, with reported short interest still at 0 shares. This appears to be a non-event for investors. Article Title
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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