GAMMA Investing LLC Raises Stock Position in Vicor Co. (NASDAQ:VICR)

GAMMA Investing LLC lifted its holdings in Vicor Co. (NASDAQ:VICR - Free Report) by 5,190.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,808 shares of the electronics maker's stock after purchasing an additional 62,602 shares during the period. GAMMA Investing LLC owned about 0.14% of Vicor worth $2,985,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Headlands Technologies LLC acquired a new stake in shares of Vicor in the fourth quarter worth approximately $140,000. Truist Financial Corp purchased a new position in shares of Vicor during the 4th quarter worth $213,000. Net Worth Advisory Group acquired a new stake in shares of Vicor during the fourth quarter valued at about $218,000. Savant Capital LLC acquired a new stake in Vicor in the 4th quarter valued at approximately $223,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in Vicor during the fourth quarter worth about $227,000. 47.45% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Vicor Stock Down 3.0%

Shares of VICR traded down $1.35 on Friday, reaching $43.65. The stock had a trading volume of 178,622 shares, compared to its average volume of 240,194. Vicor Co. has a twelve month low of $31.65 and a twelve month high of $65.70. The firm has a market capitalization of $1.97 billion, a PE ratio of 83.94 and a beta of 1.77. The firm has a 50-day moving average of $44.59 and a 200 day moving average of $49.76.

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 the consensus estimate of $0.29 by ($0.23). Vicor had a net margin of 6.46% and a return on equity of 4.29%. The firm had revenue of $93.97 million during the quarter, compared to analyst estimates of $96.63 million. During the same period in the previous year, the firm posted $0.06 EPS. The company's revenue for the quarter was up 12.0% compared to the same quarter last year.

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.