Certified Advisory Corp Acquires New Shares in Vicor Corporation $VICR

Certified Advisory Corp acquired a new position in shares of Vicor Corporation (NASDAQ:VICR) in the first quarter, HoldingsChannel.com reports. The firm acquired 1,808 shares of the electronics maker’s stock, valued at approximately $291,000.

Several other large investors have also recently added to or reduced their stakes in the stock. SG Americas Securities LLC increased its position in Vicor by 215.7% in the first quarter. SG Americas Securities LLC now owns 31,268 shares of the electronics maker’s stock worth $5,034,000 after buying an additional 21,364 shares during the period. Diversified Trust Co boosted its holdings in shares of Vicor by 17.1% during the first quarter. Diversified Trust Co now owns 4,879 shares of the electronics maker’s stock valued at $786,000 after acquiring an additional 711 shares during the period. Corient Private Wealth LLC grew its position in shares of Vicor by 3.9% during the fourth quarter. Corient Private Wealth LLC now owns 4,861 shares of the electronics maker’s stock worth $533,000 after acquiring an additional 184 shares during the last quarter. Bayban bought a new position in shares of Vicor during the fourth quarter worth about $778,000. Finally, Pacer Advisors Inc. increased its holdings in shares of Vicor by 240.4% in the 4th quarter. Pacer Advisors Inc. now owns 5,681 shares of the electronics maker’s stock worth $623,000 after acquiring an additional 4,012 shares during the period. 47.45% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Vicor

Here are the key news stories impacting Vicor this week:

• Neutral Sentiment: Vicor reported several insider sales over the past two days, including CEO Patrizio Vinciarelli selling 20,000 shares and CFO James F. Schmidt and Director Andrew D’Amico each selling shares as well. Insider sales can weigh on investor sentiment, though they do not necessarily signal a change in the company’s fundamentals. Article Title
• Positive Sentiment: Recent analyst commentary remains constructive, with multiple firms raising price targets and maintaining buy ratings, and Vicor still carrying a consensus “Buy” rating. That suggests Wall Street continues to view the company’s growth and profitability prospects favorably. Article Title
• Positive Sentiment: Vicor’s prior quarter showed strong fundamentals, with earnings and revenue both beating estimates and revenue up 20.2% year over year. Those results help explain why the stock has run up significantly before this latest pullback.
• Negative Sentiment: The shares have also been volatile recently, including a notable one-day decline after a strong multi-month rally, which may be prompting profit-taking by investors. Article Title

Vicor Stock Performance

Shares of VICR stock opened at $322.28 on Thursday. Vicor Corporation has a 1 year low of $41.76 and a 1 year high of $369.40. The firm has a market capitalization of $14.69 billion, a PE ratio of 107.79 and a beta of 2.36. The stock has a fifty day moving average of $284.76 and a two-hundred day moving average of $198.75.

Vicor (NASDAQ:VICR) last issued its quarterly earnings results on Tuesday, April 21st. The electronics maker reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. Vicor had a return on equity of 20.21% and a net margin of 28.98%.The company had revenue of $112.97 million for the quarter, compared to analyst estimates of $109.05 million. During the same period last year, the company earned $0.06 earnings per share. The company’s quarterly revenue was up 20.2% compared to the same quarter last year. Equities research analysts predict that Vicor Corporation will post 2.94 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently weighed in on VICR. Craig Hallum lifted their price objective on shares of Vicor to $450.00 and gave the company a “buy” rating in a research report on Monday. Wall Street Zen cut shares of Vicor from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Needham & Company LLC raised their price target on shares of Vicor to $400.00 and gave the company a “buy” rating in a research note on Monday. Roth Mkm raised their price target on shares of Vicor from $285.00 to $375.00 and gave the company a “buy” rating in a research note on Monday. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vicor in a report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $408.33.

Insider Transactions at Vicor

In other Vicor news, CEO Patrizio Vinciarelli sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $193.21, for a total transaction of $9,660,500.00. Following the transaction, the chief executive officer owned 8,895,090 shares of the company’s stock, valued at approximately $1,718,620,338.90. This trade represents a 0.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 421,768 shares of company stock valued at $113,998,636. Corporate insiders own 28.30% of the company’s stock.

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.