Vicor Corporation (VICR) – What Are Analysts Saying About This Stock?

Vicor Corporation (NASDAQ:VICR) has received an average rating of “Buy” from the five research firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $386.67.

A number of brokerages have issued reports on VICR. Zacks Research upgraded shares of Vicor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 1st. Wall Street Zen downgraded shares of Vicor from a “buy” rating to a “hold” rating in a research note on Saturday, October 24th. Needham & Company LLC reissued a “buy” rating and set a $350.00 price objective on shares of Vicor in a report on Tuesday, October 20th. Weiss Ratings raised shares of Vicor from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, October 27th. Finally, Roth Capital set a $360.00 target price on Vicor in a research report on Wednesday, October 21st.

Vicor Stock Down 3.4%

Shares of VICR traded down $5.64 during mid-day trading on Friday, hitting $159.05. 505,959 shares of the company traded hands, compared to its average volume of 1,066,816. Vicor has a 1-year low of $80.29 and a 1-year high of $382.65. The company has a market capitalization of $7.34 billion, a PE ratio of 41.64 and a beta of 2.45. The business has a 50 day moving average of $218.92 and a 200 day moving average of $226.54.

Vicor (NASDAQ:VICR) last announced its quarterly earnings data on Tuesday, October 20th. The electronics maker reported $1.33 EPS for the quarter, beating the consensus estimate of $1.32 by $0.01. The firm had revenue of $197.11 million during the quarter, compared to analyst estimates of $187.03 million. Vicor had a net margin of 32.15% and a return on equity of 22.49%. Vicor’s revenue was up 78.5% on a year-over-year basis. During the same period last year, the firm posted $0.63 EPS. As a group, research analysts expect that Vicor will post 3.94 EPS for the current fiscal year.

Insiders Place Their Bets

In other Vicor news, Director Zmira Lavie sold 908 shares of Vicor stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $250.00, for a total transaction of $227,000.00. Following the completion of the sale, the director owned 908 shares of the company’s stock, valued at approximately $227,000. The trade was a 50.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Philip Davies sold 3,073 shares of the business’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $183.26, for a total value of $563,157.98. Following the sale, the vice president owned 1,920 shares in the company, valued at approximately $351,859.20. The trade was a 61.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 27,054 shares of company stock valued at $7,658,830. 28.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Vicor

Several hedge funds and other institutional investors have recently bought and sold shares of the business. GoalVest Advisory LLC increased its position in shares of Vicor by 23.5% during the second quarter. GoalVest Advisory LLC now owns 321 shares of the electronics maker’s stock worth $122,000 after purchasing an additional 61 shares in the last quarter. Carolina Wealth Advisors LLC raised its stake in Vicor by 70.9% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 147 shares of the electronics maker’s stock valued at $56,000 after purchasing an additional 61 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Vicor by 1.2% in the 1st 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 purchasing an additional 68 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its stake in Vicor by 60.6% in the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 212 shares of the electronics maker’s stock valued at $61,000 after purchasing an additional 80 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its holdings in Vicor by 2.5% in the 3rd quarter. Pictet Asset Management Holding SA now owns 3,693 shares of the electronics maker’s stock valued at $1,067,000 after purchasing an additional 89 shares in the last quarter. Institutional investors and hedge funds own 47.45% of the company’s stock.

About Vicor

Vicor Corporation designs, develops, manufactures and markets modular power components and power systems. Its products convert and regulate electrical power, including AC-to-DC and DC-to-DC converters, and are used to deliver power efficiently in electronic equipment. The company’s offerings include configurable power modules and systems based on its power-conversion architectures. Vicor serves customers in markets such as data centers and computing, telecommunications, industrial equipment, aerospace and defense, and automotive applications.