6,192 Shares in Vicor Corporation $VICR Purchased by Capstone Capital Management Ltd

Capstone Capital Management Ltd purchased a new stake in Vicor Corporation (NASDAQ:VICR) during the third quarter, Holdings Channel reports. The institutional investor purchased 6,192 shares of the electronics maker’s stock, valued at approximately $1,789,000. Vicor comprises 0.7% of Capstone Capital Management Ltd’s investment portfolio, making the stock its 27th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Pinnacle Associates Ltd. increased its holdings in shares of Vicor by 5.4% in the third quarter. Pinnacle Associates Ltd. now owns 137,585 shares of the electronics maker’s stock worth $39,754,000 after acquiring an additional 7,093 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in Vicor by 17.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,180 shares of the electronics maker’s stock worth $341,000 after purchasing an additional 173 shares during the period. Genesee Capital Advisors LLC lifted its holdings in shares of Vicor by 49.0% in the third quarter. Genesee Capital Advisors LLC now owns 903 shares of the electronics maker’s stock valued at $261,000 after purchasing an additional 297 shares in the last quarter. Washburn Capital Management Inc. boosted its position in shares of Vicor by 5.3% during the third quarter. Washburn Capital Management Inc. now owns 8,740 shares of the electronics maker’s stock worth $2,525,000 after buying an additional 440 shares during the period. Finally, V Square Quantitative Management LLC acquired a new stake in Vicor in the 3rd quarter valued at approximately $79,000. 47.45% of the stock is owned by institutional investors.

Key Vicor News

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 Analysts Forecast Growth

A number of analysts recently issued reports on the company. Roth Capital reaffirmed a “buy” rating and issued a $375.00 target price on shares of Vicor in a research report on Tuesday, September 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $350.00 target price on shares of Vicor in a research note on Tuesday. Zacks Research raised Vicor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 1st. Wall Street Zen upgraded Vicor from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Finally, Weiss Ratings cut Vicor from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, September 18th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Vicor currently has a consensus rating of “Buy” and a consensus price target of $391.67.

Vicor Price Performance

Shares of NASDAQ:VICR opened at $204.14 on Wednesday. Vicor Corporation has a 1 year low of $60.95 and a 1 year high of $382.65. The company’s 50 day simple moving average is $228.76 and its 200 day simple moving average is $250.57. The stock has a market capitalization of $9.41 billion, a price-to-earnings ratio of 65.43 and a beta of 2.37.

Vicor (NASDAQ:VICR) last released its 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 return on equity of 19.83% and a net margin of 30.65%. The firm had revenue of $197.11 million for the quarter, compared to analysts’ expectations of $187.03 million. During the same quarter in the previous year, the business posted $0.63 earnings per share. The business’s revenue for the quarter was up 78.5% on a year-over-year basis. As a group, analysts anticipate that Vicor Corporation will post 4.07 EPS for the current fiscal year.

Insider Activity at Vicor

In other Vicor news, VP Philip Davies sold 3,073 shares of the company’s stock in a transaction dated 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 $341,184. This represents a 61.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Patrizio Vinciarelli sold 20,000 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 8,307,390 shares of the company’s stock, valued at approximately $2,626,215,200.70. This trade represents a 0.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 27,053 shares of company stock valued at $7,745,984 in the last 90 days. 28.30% of the stock is owned by corporate insiders.

Vicor Company Profile

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.