Capstone Capital Management Ltd Makes New Investment in Vicor Corporation $VICR

Capstone Capital Management Ltd acquired a new stake in shares of Vicor Corporation (NASDAQ:VICR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,192 shares of the electronics maker’s stock, valued at approximately $1,789,000. Vicor accounts for about 0.7% of Capstone Capital Management Ltd’s holdings, making the stock its 27th largest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Vicor in the 2nd quarter valued at about $934,612,000. Jupiter Topco LLC bought a new position in shares of Vicor in the 2nd quarter worth about $3,934,000. Maxi Investments CY Ltd acquired a new position in shares of Vicor in the 2nd quarter valued at about $2,089,000. Bank of America Corp DE acquired a new position in shares of Vicor in the 2nd quarter valued at about $33,515,000. Finally, Hsbc Holdings PLC lifted its holdings in Vicor by 796.8% in the second quarter. Hsbc Holdings PLC now owns 70,523 shares of the electronics maker’s stock worth $26,366,000 after acquiring an additional 62,659 shares during the last quarter. Institutional investors and hedge funds own 47.45% of the company’s stock.

Insider Transactions at Vicor

In other Vicor news, Director Zmira Lavie sold 908 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $250.00, for a total value of $227,000.00. Following the sale, the director directly owned 908 shares in the company, valued at $227,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Patrizio Vinciarelli sold 20,000 shares of Vicor stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $316.13, for a total transaction of $6,322,600.00. Following the transaction, the chief executive officer directly owned 8,307,390 shares of the company’s stock, valued at $2,626,215,200.70. This represents a 0.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 27,053 shares of company stock valued at $7,745,984. 28.30% of the stock is owned by corporate insiders.

Trending Headlines about Vicor

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Revenue and earnings grew sharply. Third-quarter revenue rose 78.5% year over year to $197.1 million, exceeding the roughly $187 million consensus cited in company coverage. Diluted EPS was $1.33, more than double the $0.63 reported a year earlier and slightly above some estimates, although other services characterized the result as below their higher forecasts. Vicor Corporation Reports Third-Quarter Results
• Positive Sentiment: AI-related royalty revenue is becoming a major catalyst. Product revenue reached $130.5 million, while royalty revenue nearly tripled year over year to $66.6 million. Vicor granted its first VPD license to an AI OEM at Stage-2 unit royalty rates, reinforcing investor expectations that licensing could generate high-margin growth. Vicor Q4 Outlook and Royalty Revenue
• Positive Sentiment: Management issued constructive forward guidance. Vicor expects fourth-quarter product revenue to increase about 10% and royalty revenue to be at least $43 million. The company also plans to deploy equipment for Fab-2 by the second quarter of 2027 and purchased two nearby sites intended to expand manufacturing capacity nearly fivefold relative to Fab-1. Why Vicor Shares Are Rising
• Positive Sentiment: Profitability and demand indicators improved. Gross margin expanded to 68.3%, operating cash flow reached $69.7 million, cash totaled approximately $513.1 million, and backlog climbed 166% year over year to $406 million. Needham reaffirmed its buy rating and set a $350 price target. Vicor Earnings Call Highlights
• Neutral Sentiment: Investors are weighing the potentially significant royalty opportunity against execution risks, including capacity expansion, adoption of Vicor’s second-generation VPD technology and the timing of OEM and hyperscaler licensing agreements.
• Negative Sentiment: Operating expenses increased to $62.5 million, partly due to intellectual-property enforcement costs. Ongoing patent litigation and an ITC investigation could create additional expenses or uncertainty. Separately, reported insider activity showed substantial selling and no purchases during the past six months.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Zacks Research raised Vicor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 1st. Weiss Ratings lowered shares of Vicor from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, September 18th. Needham & Company LLC reiterated a “buy” rating and set a $350.00 price objective on shares of Vicor in a research note on Tuesday. Roth Capital reiterated a “buy” rating and set a $375.00 price target on shares of Vicor in a research report on Tuesday, September 22nd. Finally, Wall Street Zen upgraded shares of Vicor from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $391.67.

Vicor Trading Up 7.1%

VICR opened at $204.14 on Wednesday. The stock has a market cap of $9.41 billion, a price-to-earnings ratio of 65.43 and a beta of 2.37. The stock has a fifty day moving average price of $228.76 and a 200 day moving average price of $250.57. Vicor Corporation has a 1 year low of $60.95 and a 1 year high of $382.65.

Vicor (NASDAQ:VICR) last released its quarterly earnings results on Tuesday, October 20th. The electronics maker reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.01. Vicor had a net margin of 30.65% and a return on equity of 19.83%. The company had revenue of $197.11 million during the quarter, compared to analysts’ expectations of $187.03 million. During the same period in the prior year, the company earned $0.63 earnings per share. The business’s quarterly revenue was up 78.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Vicor Corporation will post 4.07 earnings per share for the current fiscal year.

About Vicor

Vicor Corporation (NASDAQ: VICR) designs, develops, manufactures and markets modular power components and systems. The company’s products convert, regulate and distribute electrical power for electronic equipment, with an emphasis on high-performance, compact and efficient power solutions.

Its portfolio includes AC-to-DC and DC-to-DC converters, regulators, power modules, power distribution components and complete power systems. Vicor’s technologies include its Factorized Power Architecture and high-density ChiP packaging, which are designed to help engineers manage power more efficiently while reducing the size and complexity of electronic systems.

Vicor serves customers in industries such as data centers and computing, telecommunications, automotive, aerospace and defense, industrial equipment, and consumer electronics.