Deutsche Bank AG Acquires 15,932 Shares of Vicor Co. (NASDAQ:VICR)

Deutsche Bank AG lifted its stake in shares of Vicor Co. (NASDAQ:VICR - Free Report) by 125.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 28,633 shares of the electronics maker's stock after purchasing an additional 15,932 shares during the quarter. Deutsche Bank AG owned 0.06% of Vicor worth $1,384,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of VICR. Savant Capital LLC acquired a new stake in Vicor during the fourth quarter worth about $223,000. Proficio Capital Partners LLC bought a new stake in shares of Vicor during the 4th quarter worth approximately $616,000. SG Americas Securities LLC boosted its position in shares of Vicor by 64.4% during the 4th quarter. SG Americas Securities LLC now owns 17,156 shares of the electronics maker's stock worth $829,000 after acquiring an additional 6,720 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Vicor in the fourth quarter valued at approximately $477,000. Finally, Truist Financial Corp bought a new position in Vicor in the fourth quarter valued at approximately $213,000. Institutional investors own 47.45% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VICR. Craig Hallum upgraded Vicor from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th. Needham & Company LLC restated a "hold" rating on shares of Vicor in a research report on Tuesday, February 18th. Finally, Wall Street Zen lowered Vicor from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th.

Insiders Place Their Bets

In other Vicor news, CAO Quentin A. Fendelet sold 440 shares of the company's stock in a transaction that occurred 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 31.30% of the company's stock.

Vicor Stock Performance

Shares of VICR traded up $0.45 during mid-day trading on Thursday, reaching $42.77. The company had a trading volume of 235,043 shares, compared to its average volume of 239,275. The company's 50 day simple moving average is $45.25 and its 200 day simple moving average is $50.44. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 82.25 and a beta of 1.79. Vicor Co. has a 1-year low of $31.65 and a 1-year high of $65.70.

Vicor (NASDAQ:VICR - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The electronics maker reported $0.06 earnings per share (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 company had revenue of $93.97 million for the quarter, compared to analyst estimates of $96.63 million. During the same quarter last year, the company posted $0.06 earnings per share. The firm's quarterly revenue was up 12.0% on a year-over-year basis.

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.