Vicor Co. (NASDAQ:VICR) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its stake in shares of Vicor Co. (NASDAQ:VICR - Free Report) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 530,080 shares of the electronics maker's stock after selling 19,295 shares during the quarter. Dimensional Fund Advisors LP owned about 1.17% of Vicor worth $25,615,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its position in shares of Vicor by 17.5% during the fourth quarter. JPMorgan Chase & Co. now owns 3,847,330 shares of the electronics maker's stock worth $185,903,000 after acquiring an additional 572,093 shares during the last quarter. Vanguard Group Inc. increased its stake in Vicor by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 2,529,448 shares of the electronics maker's stock valued at $122,223,000 after purchasing an additional 18,893 shares during the period. Wealthfront Advisers LLC acquired a new stake in shares of Vicor during the fourth quarter worth about $79,889,000. New York State Common Retirement Fund grew its holdings in shares of Vicor by 0.3% during the fourth quarter. New York State Common Retirement Fund now owns 213,456 shares of the electronics maker's stock worth $10,314,000 after buying an additional 600 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Vicor by 2.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 212,372 shares of the electronics maker's stock valued at $10,262,000 after acquiring an additional 5,659 shares during the period. Institutional investors and hedge funds own 47.45% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. StockNews.com downgraded Vicor from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Needham & Company LLC reissued a "hold" rating on shares of Vicor in a research note on Tuesday, February 18th. Finally, Craig Hallum upgraded shares of Vicor from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th.

Insider Transactions at Vicor

In other Vicor news, CAO Quentin A. Fendelet sold 440 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $61.71, for a total transaction of $27,152.40. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Andrew D'amico sold 1,800 shares of the firm's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $62.89, for a total value of $113,202.00. The disclosure for this sale can be found here. Insiders sold 7,642 shares of company stock valued at $477,070 in the last 90 days. 31.00% of the stock is currently owned by insiders.

Vicor Trading Up 0.4 %

Shares of VICR traded up $0.18 during trading hours on Friday, reaching $41.27. The company had a trading volume of 165,518 shares, compared to its average volume of 236,769. The company has a market capitalization of $1.86 billion, a price-to-earnings ratio of 79.37 and a beta of 1.79. Vicor Co. has a 12-month low of $31.65 and a 12-month high of $65.70. The firm has a 50 day simple moving average of $48.49 and a 200-day simple moving average of $51.21.

Vicor (NASDAQ:VICR - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The electronics maker reported $0.06 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.23). Vicor had a return on equity of 4.29% and a net margin of 6.46%. The firm had revenue of $93.97 million for the quarter, compared to analysts' expectations of $96.63 million. During the same period last year, the firm earned $0.06 EPS. Vicor's revenue was up 12.0% compared to the same quarter last year.

Vicor 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.