Vicor Co. (NASDAQ:VICR) Shares Acquired by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. boosted its position in shares of Vicor Co. (NASDAQ:VICR - Free Report) by 35.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 121,280 shares of the electronics maker's stock after buying an additional 31,774 shares during the quarter. Vicor accounts for approximately 0.8% of Prescott Group Capital Management L.L.C.'s investment portfolio, making the stock its 23rd largest position. Prescott Group Capital Management L.L.C. owned 0.27% of Vicor worth $5,860,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. New York State Common Retirement Fund lifted its position in shares of Vicor by 0.3% during the fourth quarter. New York State Common Retirement Fund now owns 213,456 shares of the electronics maker's stock worth $10,314,000 after purchasing an additional 600 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of Vicor by 25.0% during the fourth quarter. Victory Capital Management Inc. now owns 12,101 shares of the electronics maker's stock worth $585,000 after purchasing an additional 2,418 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Vicor by 3.2% during the fourth quarter. Principal Financial Group Inc. now owns 112,125 shares of the electronics maker's stock worth $5,418,000 after purchasing an additional 3,453 shares during the last quarter. Truist Financial Corp bought a new stake in shares of Vicor during the fourth quarter worth $213,000. Finally, Savant Capital LLC bought a new stake in shares of Vicor during the fourth quarter worth $223,000. 47.45% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Vicor

In other news, CAO Quentin A. Fendelet sold 440 shares of the business's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $61.71, for a total transaction of $27,152.40. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 31.30% of the stock is owned by insiders.

Analysts Set New Price Targets

VICR has been the subject of several research analyst reports. Wall Street Zen downgraded Vicor from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Craig Hallum upgraded Vicor from a "hold" rating to a "strong-buy" rating in a report on Friday, February 14th. Finally, Needham & Company LLC restated a "hold" rating on shares of Vicor in a report on Tuesday, February 18th.

Vicor Stock Up 1.1%

Shares of VICR stock traded up $0.45 on Thursday, hitting $42.77. The stock had a trading volume of 235,043 shares, compared to its average volume of 239,275. The business has a 50 day moving average price of $45.25 and a 200 day moving average price of $50.44. The company has a market cap of $1.93 billion, a PE ratio of 82.25 and a beta of 1.79. Vicor Co. has a one year low of $31.65 and a one year high of $65.70.

Vicor (NASDAQ:VICR - Get Free Report) last released its quarterly earnings data 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). The firm had revenue of $93.97 million during 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 business's revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.06 earnings per share.

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.