VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 4,460 Vicor Corporation $VICR

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Vicor Corporation (NASDAQ:VICR) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 4,460 shares of the electronics maker’s stock, valued at approximately $1,694,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. GoalVest Advisory LLC raised its position in shares of Vicor by 23.5% in the 2nd quarter. GoalVest Advisory LLC now owns 321 shares of the electronics maker’s stock worth $122,000 after buying an additional 61 shares during the period. Carolina Wealth Advisors LLC grew its position in Vicor by 70.9% during the second quarter. Carolina Wealth Advisors LLC now owns 147 shares of the electronics maker’s stock valued at $56,000 after acquiring an additional 61 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Vicor by 1.2% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,692 shares of the electronics maker’s stock valued at $916,000 after acquiring an additional 68 shares during the period. ProShare Advisors LLC increased its stake in Vicor by 1.7% during the fourth quarter. ProShare Advisors LLC now owns 4,469 shares of the electronics maker’s stock worth $490,000 after acquiring an additional 74 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund increased its stake in Vicor by 1.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 5,238 shares of the electronics maker’s stock worth $574,000 after acquiring an additional 90 shares during the last quarter. 47.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Vicor

In related news, Director Zmira Lavie sold 908 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $250.00, for a total transaction of $227,000.00. Following the transaction, the director directly owned 908 shares of the company’s stock, valued at approximately $227,000. The trade was a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Philip Davies sold 3,073 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $177.70, for a total value of $546,072.10. Following the completion of the transaction, the vice president owned 1,920 shares of the company’s stock, valued at approximately $341,184. This represents a 61.55% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 177,536 shares of company stock worth $59,194,338. 28.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

VICR has been the topic of several research analyst reports. Roth Capital lifted their price objective on Vicor from $285.00 to $375.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Needham & Company LLC dropped their target price on shares of Vicor from $400.00 to $320.00 and set a “buy” rating for the company in a research report on Tuesday, July 21st. Zacks Research lowered shares of Vicor from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 2nd. Craig Hallum lifted their price target on shares of Vicor to $450.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. Finally, Weiss Ratings upgraded shares of Vicor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 3rd. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $381.67.

Vicor Trading Up 11.2%

Shares of NASDAQ VICR opened at $197.91 on Friday. The stock has a fifty day moving average price of $217.12 and a 200 day moving average price of $236.43. Vicor Corporation has a 12-month low of $47.56 and a 12-month high of $382.65. The company has a market cap of $9.13 billion, a P/E ratio of 63.43 and a beta of 2.35.

Vicor (NASDAQ:VICR) last issued its quarterly earnings data on Tuesday, July 21st. The electronics maker reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.39. Vicor had a return on equity of 19.83% and a net margin of 30.65%.The company had revenue of $143.35 million for the quarter, compared to analysts’ expectations of $138.37 million. During the same quarter in the previous year, the firm posted $0.91 earnings per share. The firm’s quarterly revenue was up 49.3% on a year-over-year basis. On average, sell-side analysts forecast that Vicor Corporation will post 3.28 EPS for the current fiscal year.

Key Stories Impacting Vicor

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Vicor agreed to purchase a 334,000-square-foot building on 66 acres in Merrimack, New Hampshire, plus 54 acres in Hooksett. The properties will support new ChiP™ Fab-2 and Fab-3 facilities with a combined footprint of nearly one million square feet. Vicor acquires sites for additional ChiP fabs
• Positive Sentiment: The expansion is intended to address strong AI-related demand from original-equipment manufacturers and hyperscalers. Vicor said its existing 320,000-square-foot ChiP Fab-1 is approaching capacity, while Fab-2 could begin initial deployment in about one year. Vicor Stock Climbs with Backlog Up 145%, More Capacity Coming
• Positive Sentiment: Reports highlighted a 145% increase in Vicor’s backlog, reinforcing expectations that additional U.S. capacity could help the company serve customers seeking reliable, domestically sourced power solutions for advanced computing. Vicor soars on bullish demand sentiment
• Neutral Sentiment: Vicor also amended its bylaws to clarify procedures for removing directors. The governance change does not appear to be a major operating or earnings catalyst. Vicor updates bylaws to clarify director removal
• Negative Sentiment: Building the new fabs and purchasing the properties will require substantial capital and execution, creating potential pressure on cash flow before the capacity generates revenue. In addition, reported insider activity shows extensive selling and no purchases over the past six months, a cautionary signal for investors.

Vicor Company Profile

Vicor Corporation (NASDAQ: VICR) designs, manufactures and markets modular power components and power systems. The company’s products are used to convert, regulate and distribute electrical power in electronic systems, with an emphasis on high-density, efficient and scalable power-conversion technology.

Its portfolio includes AC-to-DC and DC-to-DC power modules, bus converters, point-of-load regulators, power accessories and complete power systems. Vicor’s Factorized Power Architecture separates power conversion, transformation and regulation functions to help customers address power-density, thermal-management and system-design requirements.

Vicor serves customers in markets including data centers and communications infrastructure, automotive and transportation, aerospace and defense, industrial equipment, and other high-performance electronics applications.