Patrizio Vinciarelli Sells 44,076 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICRGet Free Report) CEO Patrizio Vinciarelli sold 44,076 shares of the company’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $179.88, for a total transaction of $7,928,390.88. Following the transaction, the chief executive officer owned 9,064,087 shares in the company, valued at approximately $1,630,447,969.56. This trade represents a 0.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Patrizio Vinciarelli also recently made the following trade(s):

  • On Wednesday, March 18th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The stock was sold at an average price of $196.18, for a total transaction of $9,809,000.00.
  • On Monday, March 16th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The stock was sold at an average price of $184.67, for a total transaction of $9,233,500.00.
  • On Thursday, March 12th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The shares were sold at an average price of $167.46, for a total transaction of $8,373,000.00.
  • On Tuesday, March 10th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The stock was sold at an average price of $177.25, for a total transaction of $8,862,500.00.
  • On Friday, March 6th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The stock was sold at an average price of $166.30, for a total transaction of $8,315,000.00.
  • On Wednesday, March 4th, Patrizio Vinciarelli sold 50,000 shares of Vicor stock. The shares were sold at an average price of $201.54, for a total transaction of $10,077,000.00.
  • On Wednesday, December 31st, Patrizio Vinciarelli sold 1,883 shares of Vicor stock. The shares were sold at an average price of $114.36, for a total value of $215,339.88.
  • On Tuesday, December 30th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The stock was sold at an average price of $112.98, for a total value of $2,259,600.00.
  • On Monday, December 29th, Patrizio Vinciarelli sold 5,917 shares of Vicor stock. The stock was sold at an average price of $111.20, for a total value of $657,970.40.
  • On Friday, December 26th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $110.12, for a total value of $2,202,400.00.

Vicor Trading Up 6.0%

Shares of VICR stock traded up $9.85 during mid-day trading on Monday, reaching $174.39. The stock had a trading volume of 559,321 shares, compared to its average volume of 797,309. The business’s fifty day moving average is $168.52 and its 200-day moving average is $112.39. The firm has a market cap of $7.91 billion, a price-to-earnings ratio of 66.62 and a beta of 1.83. Vicor Corporation has a 1-year low of $38.92 and a 1-year high of $209.53.

Vicor (NASDAQ:VICRGet Free Report) last released its earnings results on Thursday, February 19th. The electronics maker reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.63. The firm had revenue of $362.70 million during the quarter, compared to the consensus estimate of $107.78 million. Vicor had a return on equity of 18.73% and a net margin of 26.19%.The company’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 earnings per share.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vicor in a report on Wednesday, January 21st. Roth Mkm reissued a “buy” rating and set a $175.00 target price on shares of Vicor in a report on Thursday, January 22nd. Zacks Research upgraded shares of Vicor from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Finally, Wall Street Zen lowered shares of Vicor from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 23rd. One investment 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. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $118.33.

Get Our Latest Analysis on Vicor

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of VICR. Corient Private Wealth LLC boosted its position in Vicor by 3.9% in the 4th quarter. Corient Private Wealth LLC now owns 4,861 shares of the electronics maker’s stock worth $533,000 after purchasing an additional 184 shares in the last quarter. Bayban purchased a new position in shares of Vicor during the 4th quarter valued at approximately $778,000. Pacer Advisors Inc. lifted its stake 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 valued at $623,000 after purchasing an additional 4,012 shares during the period. Invesco Ltd. lifted its stake in shares of Vicor by 125.8% in the 4th quarter. Invesco Ltd. now owns 148,659 shares of the electronics maker’s stock valued at $16,293,000 after purchasing an additional 82,831 shares during the period. Finally, State of Tennessee Department of Treasury boosted its holdings in Vicor by 10.5% during the fourth quarter. State of Tennessee Department of Treasury now owns 14,615 shares of the electronics maker’s stock worth $1,602,000 after buying an additional 1,388 shares in the last quarter. 47.45% of the stock is owned by institutional investors and hedge funds.

Vicor Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Vicor (NASDAQ:VICR)

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