Deutsche Bank AG Raises Position in Vicor Co. (NASDAQ:VICR)

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

Several other institutional investors and hedge funds also recently made changes to their positions in VICR. SG Americas Securities LLC grew its holdings 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 valued at $829,000 after purchasing an additional 6,720 shares during the last quarter. Savant Capital LLC bought a new position in shares of Vicor during the 4th quarter valued at $223,000. Principal Financial Group Inc. grew its holdings in shares of Vicor by 3.2% during the 4th quarter. Principal Financial Group Inc. now owns 112,125 shares of the electronics maker's stock valued at $5,418,000 after purchasing an additional 3,453 shares during the last quarter. Truist Financial Corp bought a new position in shares of Vicor during the 4th quarter valued at $213,000. Finally, New York State Common Retirement Fund grew its holdings in shares of Vicor by 0.3% during the 4th quarter. New York State Common Retirement Fund now owns 213,456 shares of the electronics maker's stock valued at $10,314,000 after purchasing an additional 600 shares during the last quarter. Institutional investors own 47.45% of the company's stock.

Insider Activity

In related news, CAO Quentin A. Fendelet sold 440 shares of Vicor stock in a transaction dated Monday, March 3rd. The shares were 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 Securities & Exchange Commission, which is available through the SEC website. Also, VP Claudio Tuozzolo sold 1,898 shares of Vicor stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $64.79, for a total transaction of $122,971.42. Following the transaction, the vice president now directly owns 33,622 shares of the company's stock, valued at approximately $2,178,369.38. This trade represents a 5.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 31.30% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Craig Hallum raised shares of Vicor from a "hold" rating to a "strong-buy" rating in a report on Friday, February 14th. Wall Street Zen lowered shares of Vicor from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Vicor in a report on Tuesday, February 18th.

Vicor Stock Up 2.0%

Shares of VICR traded up $0.83 during trading hours on Tuesday, reaching $42.50. 176,746 shares of the company traded hands, compared to its average volume of 238,876. The company's fifty day moving average price is $45.94 and its two-hundred day moving average price is $50.68. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 81.73 and a beta of 1.79. Vicor Co. has a 12 month low of $31.65 and a 12 month high of $65.70.

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

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.