Pacer Advisors Inc. Acquires 4,012 Shares of Vicor Corporation $VICR

Pacer Advisors Inc. boosted its holdings in shares of Vicor Corporation (NASDAQ:VICR) by 240.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,681 shares of the electronics maker’s stock after acquiring an additional 4,012 shares during the period. Pacer Advisors Inc.’s holdings in Vicor were worth $623,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC grew its holdings in Vicor by 53.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker’s stock worth $30,000 after acquiring an additional 210 shares in the last quarter. NBC Securities Inc. bought a new stake in shares of Vicor in the 4th quarter valued at about $36,000. SBI Securities Co. Ltd. boosted its holdings in shares of Vicor by 32,400.0% in the 4th quarter. SBI Securities Co. Ltd. now owns 325 shares of the electronics maker’s stock valued at $36,000 after buying an additional 324 shares in the last quarter. First PREMIER Bank bought a new stake in shares of Vicor in the 4th quarter valued at about $55,000. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Vicor by 13.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the electronics maker’s stock valued at $56,000 after buying an additional 136 shares in the last quarter. 47.45% of the stock is currently owned by institutional investors.

Insider Activity at Vicor

In related news, CEO Patrizio Vinciarelli sold 50,000 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $201.54, for a total value of $10,077,000.00. Following the completion of the transaction, the chief executive officer directly owned 9,608,163 shares of the company’s stock, valued at $1,936,429,171.02. This trade represents a 0.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last ninety days, insiders have sold 747,866 shares of company stock valued at $145,277,958. Company insiders own 31.30% of the company’s stock.

Vicor Stock Down 6.1%

Shares of Vicor stock opened at $290.54 on Friday. The firm has a market capitalization of $13.24 billion, a P/E ratio of 97.17 and a beta of 2.33. The company has a 50 day moving average price of $208.09 and a 200 day moving average price of $154.73. Vicor Corporation has a 52 week low of $40.54 and a 52 week high of $316.82.

Vicor (NASDAQ:VICR) last announced its quarterly earnings data on Tuesday, April 21st. The electronics maker reported $0.44 EPS for the quarter, beating the consensus estimate of $0.40 by $0.04. The firm had revenue of $112.97 million during the quarter, compared to analyst estimates of $109.05 million. Vicor had a net margin of 28.98% and a return on equity of 20.21%. Vicor’s revenue was up 20.2% on a year-over-year basis. During the same period last year, the firm posted $0.06 EPS. As a group, research analysts anticipate that Vicor Corporation will post 2.71 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on VICR shares. Weiss Ratings restated a “hold (c)” rating on shares of Vicor in a report on Wednesday, January 21st. Roth Mkm restated a “buy” rating and issued a $245.00 price target on shares of Vicor in a report on Monday, April 20th. Zacks Research upgraded shares of Vicor from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. Needham & Company LLC raised their price target on shares of Vicor from $180.00 to $260.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Finally, Wall Street Zen cut shares of Vicor from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Vicor has an average rating of “Buy” and a consensus price target of $198.33.

Key Vicor News

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Vicor’s latest earnings report beat expectations, with EPS of $0.44 versus $0.40 expected and revenue of $112.97 million topping estimates, while sales rose 20.2% year over year. Vicor earnings and stock overview
• Positive Sentiment: Recent coverage highlighted record AI data-center demand as a key growth driver for Vicor, supporting the rally and keeping investors focused on upside tied to power-efficient computing hardware. Vicor record data-center demand article
• Neutral Sentiment: Jim Cramer commented on Vicor, saying investors who do not already own it should be patient, adding to the stock’s visibility but not changing the fundamental picture. Jim Cramer on Vicor
• Negative Sentiment: Several insiders sold shares over the past few days, including Director Andrew D’amico and VP Kemble Morrison, which can create near-term caution after a sharp run-up. Vicor insider selling

Vicor 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.