Vicor Corp (NASDAQ:VICR) VP Alex Gusinov sold 1,893 shares of Vicor stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $82.00, for a total value of $155,226.00. Following the completion of the sale, the vice president now directly owns 18,638 shares in the company, valued at $1,528,316. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
VICR stock opened at $83.48 on Wednesday. The company has a market cap of $3.59 billion, a price-to-earnings ratio of 439.39 and a beta of 0.74. Vicor Corp has a 12 month low of $28.69 and a 12 month high of $90.88. The firm has a 50-day moving average of $82.19 and a two-hundred day moving average of $61.75.
Vicor (NASDAQ:VICR) last released its quarterly earnings data on Thursday, July 23rd. The electronics maker reported $0.06 EPS for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.04. The company had revenue of $70.76 million during the quarter, compared to the consensus estimate of $65.80 million. Vicor had a net margin of 3.05% and a return on equity of 3.47%. As a group, analysts anticipate that Vicor Corp will post 0.25 earnings per share for the current year.
VICR has been the topic of several analyst reports. Craig Hallum boosted their price objective on Vicor from $65.00 to $85.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. BWS Financial boosted their price target on Vicor from $84.00 to $100.00 and gave the company a “buy” rating in a report on Friday, July 24th. Northland Securities restated a “hold” rating and set a $55.00 target price on shares of Vicor in a report on Friday, July 24th. TheStreet upgraded Vicor from a “c” rating to a “b-” rating in a report on Tuesday, August 4th. Finally, BidaskClub raised Vicor from a “hold” rating to a “buy” rating in a research report on Wednesday, September 2nd. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $82.60.
Vicor Company Profile
Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting electrical power worldwide. It operates through Brick Business Unit, VI Chip, and Picor segments. The company offers a range of brick-format DC-DC converters and configurable products; complementary components; and input and output voltage, and output power products, as well as electrical and mechanical accessories.
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