Vicor (NASDAQ:VICR) VP Sells $918,617.55 in Stock

Vicor Corporation (NASDAQ:VICR) VP Claudio Tuozzolo sold 4,643 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $197.85, for a total transaction of $918,617.55. Following the sale, the vice president owned 23,544 shares in the company, valued at $4,658,180.40. This represents a 16.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Claudio Tuozzolo also recently made the following trade(s):

• On Monday, February 23rd, Claudio Tuozzolo sold 4,469 shares of Vicor stock. The stock was sold at an average price of $174.60, for a total transaction of $780,287.40.

Vicor Stock Down 2.1%

Shares of NASDAQ:VICR opened at $201.40 on Friday. The company’s fifty day moving average is $149.45 and its two-hundred day moving average is $97.90. The company has a market cap of $8.99 billion, a P/E ratio of 77.17 and a beta of 1.90. Vicor Corporation has a 12-month low of $38.92 and a 12-month high of $205.92.

Vicor (NASDAQ:VICR) last issued its quarterly earnings results on Thursday, February 19th. The electronics maker reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.63. The business had revenue of $107.26 million for the quarter, compared to the consensus estimate of $107.78 million. Vicor had a return on equity of 18.73% and a net margin of 26.19%.Vicor’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 earnings per share.

Institutional Investors Weigh In On Vicor

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. increased 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 during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of 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 acquiring an additional 25,393 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of 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 valued at $48,205,000 after acquiring an additional 413,038 shares during the last quarter. The Manufacturers Life Insurance Company increased 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 valued at $47,368,000 after acquiring an additional 421,435 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Vicor by 39.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 374,088 shares of the electronics maker’s stock valued at $41,000,000 after acquiring an additional 106,206 shares in the last quarter. 47.45% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on VICR shares. Zacks Research raised shares of Vicor from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Vicor in a research note on Wednesday, January 21st. Roth Mkm reissued a “buy” rating and set a $175.00 target price on shares of Vicor in a research note on Thursday, January 22nd. Finally, Wall Street Zen cut shares of Vicor from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 23rd. One equities 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’s stock. According to MarketBeat.com, Vicor presently has an average rating of “Buy” and an average price target of $118.33.

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.