Insider Selling: Vicor Co. (NASDAQ:VICR) VP Sells 1,898 Shares of Stock

Vicor Co. (NASDAQ:VICR) VP Claudio Tuozzolo sold 1,898 shares of Vicor stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $64.79, for a total value of $122,971.42. Following the transaction, the vice president now owns 33,622 shares of the company’s stock, valued at $2,178,369.38. This trade represents a 5.34 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Claudio Tuozzolo also recently made the following trade(s):

• On Monday, February 24th, Claudio Tuozzolo sold 3,504 shares of Vicor stock. The shares were sold at an average price of $61.00, for a total value of $213,744.00.

Vicor Stock Up 2.7 %

Shares of NASDAQ VICR opened at $63.33 on Friday. Vicor Co. has a twelve month low of $30.90 and a twelve month high of $65.70. The stock’s 50 day moving average price is $51.90 and its 200-day moving average price is $47.66. The company has a market capitalization of $2.86 billion, a PE ratio of 121.79 and a beta of 1.51.

Vicor (NASDAQ:VICR) last announced its earnings results on Thursday, February 20th. The electronics maker reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. The firm had revenue of $96.17 million for the quarter, compared to the consensus estimate of $91.03 million. Vicor had a return on equity of 4.29% and a net margin of 6.46%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on VICR shares. Craig Hallum upgraded Vicor from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 14th. StockNews.com upgraded Vicor from a “hold” rating to a “buy” rating in a research note on Monday, February 24th. Finally, Needham & Company LLC restated a “hold” rating on shares of Vicor in a research note on Tuesday, February 18th.

Institutional Investors Weigh In On Vicor

Hedge funds have recently modified their holdings of the stock. Harbor Capital Advisors Inc. bought a new stake in shares of Vicor in the 4th quarter worth approximately $1,557,000. Barclays PLC raised its holdings in shares of Vicor by 361.6% in the 3rd quarter. Barclays PLC now owns 39,397 shares of the electronics maker’s stock worth $1,658,000 after purchasing an additional 30,863 shares during the period. Savant Capital LLC bought a new stake in shares of Vicor in the 4th quarter worth approximately $223,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Vicor by 6.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 206,713 shares of the electronics maker’s stock worth $8,703,000 after purchasing an additional 12,203 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Vicor by 6.3% in the 3rd quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker’s stock worth $24,094,000 after purchasing an additional 33,696 shares during the period. Institutional investors own 47.45% of the company’s stock.

Vicor Company Profile

Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters; complementary components provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as electrical and mechanical accessories.