Alex Gusinov Sells 3,844 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICR) VP Alex Gusinov sold 3,844 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $97.31, for a total value of $374,059.64. Following the sale, the vice president owned 10,340 shares of the company’s stock, valued at approximately $1,006,185.40. This represents a 27.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Alex Gusinov also recently made the following trade(s):

• On Friday, November 21st, Alex Gusinov sold 1,571 shares of Vicor stock. The shares were sold at an average price of $86.05, for a total value of $135,184.55.
• On Tuesday, October 28th, Alex Gusinov sold 4,019 shares of Vicor stock. The shares were sold at an average price of $89.75, for a total value of $360,705.25.

Vicor Stock Performance

Shares of NASDAQ VICR opened at $98.29 on Friday. Vicor Corporation has a fifty-two week low of $38.92 and a fifty-two week high of $102.19. The company has a market cap of $4.39 billion, a PE ratio of 53.71 and a beta of 1.94. The business has a 50-day simple moving average of $86.02 and a two-hundred day simple moving average of $61.19.

Vicor (NASDAQ:VICR) last announced its quarterly earnings data on Tuesday, October 21st. The electronics maker reported $0.63 EPS for the quarter, beating the consensus estimate of $0.20 by $0.43. The firm had revenue of $110.42 million during the quarter, compared to analyst estimates of $95.40 million. Vicor had a net margin of 18.63% and a return on equity of 13.77%. Vicor’s revenue was up 18.5% on a year-over-year basis. During the same period last year, the firm posted $0.26 EPS.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Nisa Investment Advisors LLC boosted its position in Vicor by 53.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker’s stock worth $30,000 after purchasing an additional 210 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Vicor by 13.7% during the third quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the electronics maker’s stock worth $56,000 after buying an additional 136 shares in the last quarter. Strs Ohio acquired a new stake in Vicor during the first quarter valued at $56,000. iSAM Funds UK Ltd purchased a new position in Vicor in the third quarter valued at $79,000. Finally, Tower Research Capital LLC TRC increased its holdings in Vicor by 993.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,782 shares of the electronics maker’s stock valued at $172,000 after buying an additional 3,436 shares in the last quarter. 47.45% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

VICR has been the topic of a number of research analyst reports. Craig Hallum raised shares of Vicor from a “hold” rating to a “buy” rating and set a $90.00 price objective on the stock in a report on Wednesday, October 22nd. Roth Capital started coverage on Vicor in a report on Tuesday. They issued a “buy” rating and a $115.00 price objective on the stock. Zacks Research upgraded Vicor to a “hold” rating in a research note on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Vicor in a research report on Wednesday, October 8th. Finally, Needham & Company LLC set a $90.00 price target on shares of Vicor and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $98.33.

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.