Vicor (NASDAQ:VICR) VP Alvaro Doyle Sells 4,041 Shares of Stock

Vicor Corporation (NASDAQ:VICR) VP Alvaro Doyle sold 4,041 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $286.91, for a total value of $1,159,403.31. Following the completion of the sale, the vice president owned 42 shares in the company, valued at $12,050.22. This trade represents a 98.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Alvaro Doyle also recently made the following trade(s):

• On Thursday, April 23rd, Alvaro Doyle sold 8,000 shares of Vicor stock. The shares were sold at an average price of $259.90, for a total value of $2,079,200.00.
• On Monday, February 23rd, Alvaro Doyle sold 7,913 shares of Vicor stock. The shares were sold at an average price of $172.83, for a total value of $1,367,603.79.

Vicor Trading Up 5.7%

NASDAQ VICR opened at $309.27 on Thursday. The business’s 50-day moving average price is $206.32 and its two-hundred day moving average price is $153.32. Vicor Corporation has a 12 month low of $40.54 and a 12 month high of $315.00. The firm has a market capitalization of $14.10 billion, a PE ratio of 103.43 and a beta of 2.33.

Vicor (NASDAQ:VICR) last released its quarterly earnings results 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 return on equity of 20.21% and a net margin of 28.98%.The firm had revenue of $112.97 million for the quarter, compared to analyst estimates of $109.05 million. During the same quarter in the previous year, the company posted $0.06 EPS. The business’s revenue was up 20.2% on a year-over-year basis. As a group, analysts forecast that Vicor Corporation will post 2.71 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Federated Hermes Inc. acquired a new position in Vicor during the 4th quarter worth approximately $27,000. Blue Trust Inc. raised 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 buying an additional 254 shares during the period. ROSS JOHNSON & Associates LLC raised 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 buying an additional 275 shares during the period. Harbour Investments Inc. acquired a new position in Vicor during the 4th quarter worth approximately $32,000. Finally, Meeder Asset Management Inc. raised 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 buying an additional 197 shares during the period. 47.45% of the stock is owned by institutional investors and hedge funds.

More Vicor News

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Vicor’s recent earnings report beat expectations on both EPS and revenue, while management’s outlook and strong backlog pointed to continued demand in AI and data-center power applications.
• Positive Sentiment: Recent coverage highlighted Vicor as a beneficiary of record data-center demand, helping fuel momentum in the shares. Article Title
• Neutral Sentiment: Analyst sentiment remains constructive, with recent buy ratings and price-target increases, though targets are still below the stock’s recent surge.
• Negative Sentiment: Multiple insiders sold shares in recent days, including VP Kemble Morrison, CAO Quentin Fendelet, Director Andrew D’Amico, VP Alvaro Doyle, and insider Michael McNamara, which may have triggered or intensified profit-taking concerns.
• Negative Sentiment: Market commentary suggests the stock may be experiencing a pullback after a sharp run-up, as traders digest the insider-sale filings and lock in gains after the rally.

Wall Street Analyst Weigh In

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

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.