Vicor (NASDAQ:VICR) Insider Michael Mcnamara Sells 18,618 Shares

Vicor Corporation (NASDAQ:VICR) insider Michael Mcnamara sold 18,618 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $309.00, for a total value of $5,752,962.00. Following the transaction, the insider directly owned 18,185 shares in the company, valued at $5,619,165. This trade represents a 50.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Michael Mcnamara also recently made the following trade(s):

• On Tuesday, March 17th, Michael Mcnamara sold 7,174 shares of Vicor stock. The shares were sold at an average price of $190.07, for a total value of $1,363,562.18.

Vicor Stock Performance

VICR opened at $292.53 on Wednesday. Vicor Corporation has a 52-week low of $40.54 and a 52-week high of $313.52. The stock has a market capitalization of $13.33 billion, a PE ratio of 97.84 and a beta of 2.33. The stock’s 50 day moving average price is $204.32 and its 200-day moving average price is $151.80.

Vicor (NASDAQ:VICR) last issued its quarterly earnings results on Tuesday, April 21st. The electronics maker reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.04. The company had revenue of $112.97 million for 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%.The firm’s revenue for the quarter was up 20.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.06 earnings per share. Research analysts forecast that Vicor Corporation will post 2.71 EPS for the current fiscal year.

Institutional Investors Weigh In On Vicor

Several institutional investors have recently modified their holdings of the business. Federated Hermes Inc. bought a new position in Vicor in the fourth quarter valued at about $27,000. Nisa Investment Advisors LLC lifted its holdings in Vicor by 53.4% in the third quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker’s stock valued at $30,000 after acquiring an additional 210 shares during the period. Harbour Investments Inc. bought a new position in Vicor in the fourth quarter valued at about $32,000. Allworth Financial LP lifted its holdings in Vicor by 960.0% in the fourth quarter. Allworth Financial LP now owns 318 shares of the electronics maker’s stock valued at $35,000 after acquiring an additional 288 shares during the period. Finally, NBC Securities Inc. bought a new position in Vicor in the fourth quarter valued at about $36,000. 47.45% of the stock is owned by hedge funds and other institutional investors.

Vicor News Summary

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Vicor’s recent earnings update showed stronger profitability, revenue above expectations, and management commentary that supported the bullish case for continued demand in AI/data-center power applications.
• Positive Sentiment: Recent options activity showed heavy call buying, suggesting some traders were still positioning for further upside before the latest pullback.
• Neutral Sentiment: Analyst and media attention remains elevated, with recent articles highlighting Vicor as a potential “IP compounder” and a stock benefiting from record data-center demand. Article Title
• Negative Sentiment: Multiple insiders sold shares on May 11, including General Manager Michael McNamara, VP Kemble D. Morrison, and CAO Quentin A. Fendelet, adding to the perception that the stock may have run ahead of fundamentals.
• Negative Sentiment: Quiver Quantitative noted the selloff looks like a post-rally pullback driven by profit-taking and insider-sale headlines rather than a new fundamental setback, which can still weigh on near-term trading.

Analysts Set New Price Targets

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

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.