GAMMA Investing LLC boosted its position in shares of Vicor Co. (NASDAQ:VICR - Free Report) by 5,190.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,808 shares of the electronics maker's stock after buying an additional 62,602 shares during the quarter. GAMMA Investing LLC owned 0.14% of Vicor worth $2,985,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Headlands Technologies LLC bought a new position in Vicor during the fourth quarter valued at about $140,000. Truist Financial Corp bought a new position in Vicor during the fourth quarter valued at about $213,000. Net Worth Advisory Group bought a new position in Vicor during the fourth quarter valued at about $218,000. Savant Capital LLC bought a new position in Vicor during the fourth quarter valued at about $223,000. Finally, KLP Kapitalforvaltning AS bought a new position in Vicor during the fourth quarter valued at about $227,000. Institutional investors own 47.45% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on VICR. Wall Street Zen lowered 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 report on Tuesday, February 18th.
Check Out Our Latest Research Report on VICR
Vicor Stock Performance
Shares of NASDAQ:VICR traded up $1.19 during midday trading on Monday, reaching $44.84. The company had a trading volume of 141,539 shares, compared to its average volume of 240,715. Vicor Co. has a 1-year low of $31.65 and a 1-year high of $65.70. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 86.23 and a beta of 1.77. The company has a fifty day simple moving average of $44.62 and a two-hundred day simple moving average of $49.57.
Vicor (NASDAQ:VICR - Get Free Report) last released its quarterly 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 during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the business earned $0.06 EPS.
About Vicor
(
Free Report)
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.
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