Analysts at Northland Securities assumed coverage on shares of Vicor (NASDAQ:VICR) in a report released on Wednesday, The Fly reports. The brokerage set an “outperform” rating and a $36.00 price target on the electronics maker’s stock. Northland Securities’ target price points to a potential upside of 15.68% from the stock’s previous close.

VICR has been the subject of several other reports. BidaskClub downgraded Vicor from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. ValuEngine downgraded Vicor from a “buy” rating to a “hold” rating in a research report on Saturday, March 30th. Finally, TheStreet downgraded Vicor from a “b-” rating to a “c+” rating in a research report on Monday, February 25th.

VICR traded up $0.59 during trading on Wednesday, hitting $31.12. The stock had a trading volume of 15 shares, compared to its average volume of 139,452. The company has a market capitalization of $1.24 billion, a PE ratio of 38.86 and a beta of 0.49. Vicor has a one year low of $27.10 and a one year high of $64.50.

In other news, Director Samuel J. Anderson sold 9,092 shares of the business’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $30.95, for a total transaction of $281,397.40. Following the completion of the transaction, the director now owns 15,223 shares of the company’s stock, valued at approximately $471,151.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 37.40% of the stock is currently owned by insiders.

Several institutional investors have recently bought and sold shares of the company. Pearl River Capital LLC acquired a new position in Vicor in the 4th quarter worth about $26,000. Neuburgh Advisers LLC increased its holdings in Vicor by 115.8% in the 4th quarter. Neuburgh Advisers LLC now owns 1,968 shares of the electronics maker’s stock worth $74,000 after purchasing an additional 1,056 shares in the last quarter. Quantamental Technologies LLC acquired a new position in Vicor in the 4th quarter worth about $75,000. LS Investment Advisors LLC increased its holdings in Vicor by 49.3% in the 4th quarter. LS Investment Advisors LLC now owns 4,298 shares of the electronics maker’s stock worth $162,000 after purchasing an additional 1,419 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan acquired a new position in Vicor in the 4th quarter worth about $176,000. 30.70% of the stock is owned by institutional investors.

About Vicor

Vicor Corp. engages in the design, development, manufacture, and marketing of modular power components and complete power systems based upon a portfolio of patented technologies. It operates through the following segments: Brick Business Unit, VI Chip, Picor, and Corporate. The Brick Business Unit provides modular power converters and configurable products.

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