Vicor (NASDAQ:VICR) CEO Sells $3,878,249.60 in Stock

Vicor Corporation (NASDAQ:VICR) CEO Patrizio Vinciarelli sold 11,240 shares of Vicor stock in a transaction on Monday, June 29th. The stock was sold at an average price of $345.04, for a total transaction of $3,878,249.60. Following the sale, the chief executive officer directly owned 8,416,850 shares in the company, valued at $2,904,149,924. This trade represents a 0.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Patrizio Vinciarelli also recently made the following trade(s):

• On Monday, June 29th, Patrizio Vinciarelli sold 8,760 shares of Vicor stock. The shares were sold at an average price of $366.98, for a total transaction of $3,214,744.80.
• On Friday, June 26th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $323.05, for a total value of $6,461,000.00.
• On Wednesday, June 24th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The stock was sold at an average price of $326.44, for a total value of $6,528,800.00.
• On Monday, June 22nd, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The stock was sold at an average price of $360.94, for a total value of $7,218,800.00.
• On Wednesday, June 17th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $329.57, for a total value of $6,591,400.00.
• On Monday, June 15th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $318.65, for a total value of $6,373,000.00.
• On Friday, June 12th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $304.87, for a total value of $6,097,400.00.
• On Wednesday, June 10th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The stock was sold at an average price of $279.50, for a total value of $5,590,000.00.
• On Monday, June 8th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $270.93, for a total value of $5,418,600.00.
• On Thursday, June 4th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $311.85, for a total value of $6,237,000.00.

Vicor Stock Performance

Shares of VICR stock traded up $12.99 during mid-day trading on Tuesday, reaching $379.78. 758,572 shares of the company were exchanged, compared to its average volume of 846,293. Vicor Corporation has a fifty-two week low of $41.76 and a fifty-two week high of $382.65. The company has a market capitalization of $17.31 billion, a P/E ratio of 127.02 and a beta of 2.36. The business’s 50 day simple moving average is $293.52 and its 200 day simple moving average is $203.89.

Vicor (NASDAQ:VICR) last posted its quarterly earnings results 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. Vicor had a net margin of 28.98% and a return on equity of 20.21%. The firm had revenue of $112.97 million for the quarter, compared to analysts’ expectations of $109.05 million. During the same period in the prior year, the company posted $0.06 earnings per share. The firm’s quarterly revenue was up 20.2% on a year-over-year basis. On average, analysts forecast that Vicor Corporation will post 2.94 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on VICR. Craig Hallum upped their price objective on Vicor to $450.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Roth Mkm boosted their price target on Vicor from $285.00 to $375.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Wall Street Zen lowered Vicor from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Weiss Ratings restated a “hold (c+)” rating on shares of Vicor in a research note on Monday, June 1st. Finally, Needham & Company LLC lifted their price objective on shares of Vicor to $400.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $408.33.

Vicor News Summary

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Analyst commentary highlighted Vicor’s strong recent run and suggested shares could keep moving higher, citing improving earnings estimates and long-term growth drivers from AI power demand and manufacturing leverage. Why Vicor (VICR) Might be Well Poised for a Surge
• Positive Sentiment: The stock recently reached a new 1-year high, reinforcing bullish momentum and investor confidence in Vicor’s growth outlook. Vicor (NASDAQ:VICR) Reaches New 1-Year High – Should You Buy?
• Neutral Sentiment: Several insiders, including CEO Patrizio Vinciarelli, CFO James F. Schmidt, and Director Andrew D’Amico, disclosed stock sales. The trades were relatively small versus their overall holdings, so the signal is mixed rather than clearly bearish.
• Neutral Sentiment: Vicor was also mentioned in a broader hedge fund and insider trading roundup, but that story did not add a new company-specific catalyst. Hedge Fund and Insider Trading News

Hedge Funds Weigh In On Vicor

Several hedge funds and other institutional investors have recently modified their holdings of VICR. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Vicor by 1.2% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,692 shares of the electronics maker’s stock worth $916,000 after acquiring an additional 68 shares during the period. ProShare Advisors LLC increased its stake in shares of Vicor by 1.7% during the fourth quarter. ProShare Advisors LLC now owns 4,469 shares of the electronics maker’s stock valued at $490,000 after acquiring an additional 74 shares during the period. Bouvel Investment Partners LLC raised its holdings in Vicor by 0.4% during the fourth quarter. Bouvel Investment Partners LLC now owns 24,183 shares of the electronics maker’s stock worth $2,650,000 after purchasing an additional 85 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in Vicor by 1.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 5,238 shares of the electronics maker’s stock worth $574,000 after purchasing an additional 90 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in Vicor by 28.5% in the first quarter. EverSource Wealth Advisors LLC now owns 465 shares of the electronics maker’s stock worth $75,000 after purchasing an additional 103 shares during the period. Institutional investors and hedge funds own 47.45% of the company’s stock.

About Vicor

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.