88,249 Shares in Vicor Corporation $VICR Acquired by Bank of America Corp DE

Key Points

• Bank of America acquired 88,249 Vicor shares worth approximately $33.5 million, taking a 0.19% stake. Other institutions, including BlackRock and Andar Capital, also initiated sizable positions, while institutional investors collectively own 47.45% of the company.
• Vicor raised its third-quarter 2026 sequential revenue-growth outlook from nearly 10% to more than 20%, driven partly by expected royalties from a non-exclusive license for its Vertical Power Delivery technology. The company is also expanding manufacturing capacity to support anticipated AI and advanced-computing demand.
• Shares were trading near $268 after a 19.8% rise, while analysts maintained a generally positive outlook with a “Moderate Buy” consensus and an average price target of $381.67. However, the stock’s elevated valuation—around 86 times earnings—and significant recent insider selling remain risks.

Bank of America Corp DE bought a new position in shares of Vicor Corporation (NASDAQ:VICR - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 88,249 shares of the electronics maker's stock, valued at approximately $33,515,000. Bank of America Corp DE owned 0.19% of Vicor as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Andar Capital Management HK Ltd bought a new position in Vicor in the second quarter worth about $101,100,000. BlackRock Inc. bought a new stake in shares of Vicor in the 2nd quarter valued at about $934,612,000. The Manufacturers Life Insurance Company boosted its holdings in shares of Vicor by 39.6% in the 1st quarter. The Manufacturers Life Insurance Company now owns 603,364 shares of the electronics maker's stock valued at $97,142,000 after buying an additional 171,175 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Vicor by 43.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 536,274 shares of the electronics maker's stock valued at $86,340,000 after buying an additional 162,186 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of Vicor in the 2nd quarter worth approximately $53,161,000. Institutional investors own 47.45% of the company's stock.

More Vicor News

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Raised Q3 outlook: Vicor lifted its third-quarter 2026 sequential revenue-growth guidance from nearly 10% to more than 20%. Management attributed the improvement primarily to expected royalties from a newly announced, non-exclusive license for its Vertical Power Delivery (VPD) technology. Vicor Corporation Raises Q3 2026 Revenue Guidance
• Positive Sentiment: AI licensing creates a potentially scalable revenue stream: Vicor licensed VPD patents to another AI-system manufacturer. The customer can obtain patented modules from other suppliers while paying Vicor royalties, with incentives to source more demanding components from Vicor. Investors appear to view the arrangement as expanding Vicor’s addressable market without requiring all production to come from its own factories. Vicor Licenses Power Patents to AI System Maker
• Positive Sentiment: Analyst support strengthened: Needham reiterated its Buy rating with a $320 target, while Roth Capital reaffirmed Buy with a $375 target. Zacks also highlighted rising earnings estimates and broad analyst expectations for additional upside. Needham Reiterates Buy Rating
• Positive Sentiment: Capacity expansion supports the AI-growth narrative: Reports noted that Vicor is pursuing additional New Hampshire manufacturing sites for ChiP Fab-2 and Fab-3 as utilization at Fab-1 approaches capacity. This suggests management is preparing for stronger demand from AI systems and advanced computing applications.
• Neutral Sentiment: The broader Nasdaq and AI trade also remained strong, providing a favorable backdrop for semiconductor and AI-infrastructure stocks.
• Negative Sentiment: Vicor’s valuation remains demanding, with a reported price-to-earnings ratio above 80. Quiver Quantitative data also showed extensive insider selling, including sales by senior executives, which could weigh on sentiment despite the improved outlook.

Insider Transactions at Vicor

In other news, CEO Patrizio Vinciarelli sold 700 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $302.40, for a total transaction of $211,680.00. Following the sale, the chief executive officer directly owned 8,347,390 shares of the company's stock, valued at $2,524,250,736. This represents a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Zmira Lavie sold 908 shares of Vicor stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $250.00, for a total value of $227,000.00. Following the completion of the transaction, the director owned 908 shares of the company's stock, valued at approximately $227,000. This represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 92,357 shares of company stock valued at $30,669,235 in the last ninety days. 28.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on VICR shares. Roth Capital reissued a "buy" rating and set a $375.00 target price on shares of Vicor in a research report on Tuesday. Needham & Company LLC reaffirmed a "buy" rating and issued a $320.00 price target on shares of Vicor in a report on Tuesday. Zacks Research downgraded Vicor from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 2nd. Craig Hallum upped their price target on Vicor to $450.00 and gave the stock a "buy" rating in a research report on Monday, June 22nd. Finally, Weiss Ratings lowered Vicor from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Vicor presently has a consensus rating of "Moderate Buy" and an average target price of $381.67.

Vicor Trading Up 19.8%

Shares of NASDAQ:VICR opened at $268.34 on Wednesday. Vicor Corporation has a 12-month low of $47.56 and a 12-month high of $382.65. The company has a market capitalization of $12.37 billion, a PE ratio of 86.01 and a beta of 2.35. The business has a 50 day moving average of $209.36 and a two-hundred day moving average of $237.41.

Vicor (NASDAQ:VICR - Get Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The electronics maker reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.65 by $0.39. Vicor had a net margin of 30.65% and a return on equity of 19.83%. The firm had revenue of $143.35 million for the quarter, compared to the consensus estimate of $138.37 million. During the same period in the prior year, the firm posted $0.91 earnings per share. The firm's quarterly revenue was up 49.3% compared to the same quarter last year. Equities research analysts predict that Vicor Corporation will post 3.49 earnings per share for the current fiscal year.

Vicor Company Profile

Vicor Corporation NASDAQ: VICR designs, manufactures and markets modular power components and power systems. The company's products are used to convert, regulate and distribute electrical power in electronic systems, with an emphasis on high-density, efficient and scalable power-conversion technology.

Its portfolio includes AC-to-DC and DC-to-DC power modules, bus converters, point-of-load regulators, power accessories and complete power systems. Vicor's Factorized Power Architecture separates power conversion, transformation and regulation functions to help customers address power-density, thermal-management and system-design requirements.

Vicor serves customers in markets including data centers and communications infrastructure, automotive and transportation, aerospace and defense, industrial equipment, and other high-performance electronics applications.

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