5,560 Shares in Vicor Co. (NASDAQ:VICR) Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new position in Vicor Co. (NASDAQ:VICR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 5,560 shares of the electronics maker's stock, valued at approximately $269,000.

Other large investors have also added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new stake in shares of Vicor in the fourth quarter valued at about $140,000. Truist Financial Corp bought a new stake in Vicor in the 4th quarter worth about $213,000. Net Worth Advisory Group purchased a new stake in Vicor in the 4th quarter valued at about $218,000. Savant Capital LLC bought a new position in shares of Vicor during the 4th quarter worth approximately $223,000. Finally, KLP Kapitalforvaltning AS purchased a new position in shares of Vicor in the 4th quarter worth approximately $227,000. Institutional investors own 47.45% of the company's stock.

Insider Transactions at Vicor

In other Vicor news, CAO Quentin A. Fendelet sold 440 shares of the firm's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $61.71, for a total value of $27,152.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Claudio Tuozzolo sold 1,898 shares of the business's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $64.79, for a total value of $122,971.42. Following the transaction, the vice president now owns 33,622 shares of the company's stock, valued at approximately $2,178,369.38. The trade was a 5.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,642 shares of company stock valued at $716,070 over the last three months. Company insiders own 31.00% of the company's stock.

Vicor Trading Down 2.2 %

Shares of VICR stock traded down $1.03 during trading hours on Wednesday, hitting $46.01. 48,439 shares of the company were exchanged, compared to its average volume of 232,843. Vicor Co. has a 52-week low of $30.90 and a 52-week high of $65.70. The firm has a fifty day simple moving average of $52.19 and a 200 day simple moving average of $50.84. The stock has a market capitalization of $2.08 billion, a price-to-earnings ratio of 88.76 and a beta of 1.75.

Vicor (NASDAQ:VICR - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The electronics maker reported $0.23 EPS for the quarter, beating the consensus estimate of $0.18 by $0.05. The business had revenue of $96.17 million for the quarter, compared to the consensus estimate of $91.03 million. Vicor had a net margin of 6.46% and a return on equity of 4.29%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on VICR. StockNews.com downgraded Vicor from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Needham & Company LLC reiterated 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 report on Friday, February 14th.

About Vicor

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.