Vicor (NASDAQ:VICR) Reaches New 12-Month High – Should You Buy?

Vicor Corporation (NASDAQ:VICR)’s stock price reached a new 52-week high on Monday . The stock traded as high as $300.00 and last traded at $297.5920, with a volume of 326112 shares. The stock had previously closed at $256.47.

Vicor News Roundup

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Vicor’s recent earnings update showed stronger profitability, revenue above expectations, and management commentary that supported the bullish case for continued demand in AI/data-center power applications.
• Positive Sentiment: Recent options activity showed heavy call buying, suggesting some traders were still positioning for further upside before the latest pullback.
• Neutral Sentiment: Analyst and media attention remains elevated, with recent articles highlighting Vicor as a potential “IP compounder” and a stock benefiting from record data-center demand. Article Title
• Negative Sentiment: Multiple insiders sold shares on May 11, including General Manager Michael McNamara, VP Kemble D. Morrison, and CAO Quentin A. Fendelet, adding to the perception that the stock may have run ahead of fundamentals.
• Negative Sentiment: Quiver Quantitative noted the selloff looks like a post-rally pullback driven by profit-taking and insider-sale headlines rather than a new fundamental setback, which can still weigh on near-term trading.

Analyst Ratings Changes

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

Vicor Trading Down 6.5%

The business has a 50-day moving average price of $204.32 and a two-hundred day moving average price of $151.80. The stock has a market capitalization of $13.33 billion, a P/E ratio of 97.84 and a beta of 2.33.

Vicor (NASDAQ:VICR) last released its earnings results on Tuesday, April 21st. The electronics maker reported $0.44 earnings per share 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 firm had revenue of $112.97 million during the quarter, compared to the consensus estimate of $109.05 million. During the same period in the prior year, the company posted $0.06 EPS. The company’s revenue was up 20.2% compared to the same quarter last year. On average, sell-side analysts forecast that Vicor Corporation will post 2.71 earnings per share for the current fiscal year.

Insider Activity at Vicor

In other news, CEO Patrizio Vinciarelli sold 50,000 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $201.54, for a total transaction of $10,077,000.00. Following the completion of the transaction, the chief executive officer owned 9,608,163 shares of the company’s stock, valued at approximately $1,936,429,171.02. The trade was a 0.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders sold 742,060 shares of company stock worth $143,572,571. 31.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Vicor

A number of institutional investors and hedge funds have recently bought and sold shares of VICR. The Manufacturers Life Insurance Company increased its holdings in Vicor by 3,918.9% in the 4th quarter. The Manufacturers Life Insurance Company now owns 432,189 shares of the electronics maker’s stock worth $47,368,000 after purchasing an additional 421,435 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Vicor by 1,542.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 439,820 shares of the electronics maker’s stock worth $48,205,000 after purchasing an additional 413,038 shares during the last quarter. Millennium Management LLC raised its stake in shares of Vicor by 4,634.5% in the first quarter. Millennium Management LLC now owns 264,611 shares of the electronics maker’s stock worth $12,379,000 after purchasing an additional 259,022 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Vicor by 1,921.4% in the third quarter. Arrowstreet Capital Limited Partnership now owns 267,882 shares of the electronics maker’s stock worth $13,319,000 after purchasing an additional 254,630 shares during the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of Vicor during the third quarter valued at approximately $12,625,000. Institutional investors and hedge funds own 47.45% 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.