Andrew D’amico Sells 200 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICR) Director Andrew D’amico sold 200 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $155.00, for a total transaction of $31,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Andrew D’amico also recently made the following trade(s):

• On Thursday, January 15th, Andrew D’amico sold 200 shares of Vicor stock. The stock was sold at an average price of $150.00, for a total transaction of $30,000.00.
• On Monday, January 5th, Andrew D’amico sold 400 shares of Vicor stock. The shares were sold at an average price of $142.50, for a total transaction of $57,000.00.
• On Friday, December 19th, Andrew D’amico sold 754 shares of Vicor stock. The stock was sold at an average price of $104.00, for a total transaction of $78,416.00.
• On Monday, November 17th, Andrew D’amico sold 2,000 shares of Vicor stock. The shares were sold at an average price of $87.69, for a total value of $175,380.00.
• On Wednesday, November 12th, Andrew D’amico sold 1,908 shares of Vicor stock. The shares were sold at an average price of $99.13, for a total value of $189,140.04.
• On Friday, October 24th, Andrew D’amico sold 2,071 shares of Vicor stock. The stock was sold at an average price of $94.80, for a total value of $196,330.80.
• On Thursday, October 23rd, Andrew D’amico sold 565 shares of Vicor stock. The shares were sold at an average price of $90.00, for a total value of $50,850.00.

Vicor Stock Up 2.9%

NASDAQ:VICR opened at $166.78 on Friday. The firm has a market capitalization of $7.45 billion, a price-to-earnings ratio of 91.14 and a beta of 1.90. Vicor Corporation has a twelve month low of $38.92 and a twelve month high of $171.52. The stock’s 50 day moving average price is $111.25 and its two-hundred day moving average price is $75.97.

Vicor (NASDAQ:VICR) last released its quarterly earnings data on Tuesday, October 21st. The electronics maker reported $0.63 EPS for the quarter, beating the consensus estimate of $0.20 by $0.43. The company had revenue of $110.42 million during the quarter, compared to the consensus estimate of $95.40 million. Vicor had a return on equity of 13.77% and a net margin of 18.63%.The firm’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.26 EPS.

Wall Street Analyst Weigh In

VICR has been the topic of several recent analyst reports. Zacks Research upgraded shares of Vicor to a “hold” rating in a research note on Tuesday, December 16th. Craig Hallum raised Vicor from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a research report on Wednesday, October 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Vicor in a research note on Wednesday. Needham & Company LLC set a $90.00 price objective on Vicor and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Finally, Wall Street Zen lowered Vicor from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 23rd. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $118.33.

Institutional Investors Weigh In On Vicor

Several hedge funds have recently bought and sold shares of the stock. GoalVest Advisory LLC acquired a new position in shares of Vicor in the fourth quarter valued at approximately $57,000. Nisa Investment Advisors LLC boosted its stake in Vicor by 53.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker’s stock valued at $30,000 after purchasing an additional 210 shares during the period. Exchange Traded Concepts LLC acquired a new position in Vicor in the 4th quarter valued at $102,000. PNC Financial Services Group Inc. increased its position in Vicor by 13.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the electronics maker’s stock worth $56,000 after buying an additional 136 shares during the period. Finally, Strs Ohio acquired a new stake in shares of Vicor during the first quarter worth $56,000. 47.45% of the stock is currently owned by institutional investors and hedge funds.

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.