Vicor Co. (NASDAQ:VICR) Shares Sold by Two Sigma Advisers LP

Two Sigma Advisers LP trimmed its holdings in shares of Vicor Co. (NASDAQ:VICR - Free Report) by 65.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,700 shares of the electronics maker's stock after selling 87,100 shares during the quarter. Two Sigma Advisers LP owned 0.10% of Vicor worth $2,257,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VICR. SG Americas Securities LLC grew its stake in 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 buying an additional 6,720 shares during the last quarter. Savant Capital LLC purchased a new position in Vicor during the 4th quarter worth $223,000. Principal Financial Group Inc. grew its stake in Vicor by 3.2% during the 4th quarter. Principal Financial Group Inc. now owns 112,125 shares of the electronics maker's stock worth $5,418,000 after buying an additional 3,453 shares during the last quarter. Truist Financial Corp purchased a new position in Vicor during the 4th quarter worth $213,000. Finally, New York State Common Retirement Fund grew its stake in 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 worth $10,314,000 after buying an additional 600 shares during the last quarter. 47.45% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Needham & Company LLC reaffirmed a "hold" rating on shares of Vicor in a research report on Tuesday, February 18th. Wall Street Zen cut Vicor from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Finally, Craig Hallum raised Vicor from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 14th.

Vicor Price Performance

VICR traded down $0.53 on Monday, reaching $43.11. 186,853 shares of the stock were exchanged, compared to its average volume of 240,206. The company's 50-day moving average price is $44.82 and its 200 day moving average price is $50.22. Vicor Co. has a fifty-two week low of $31.65 and a fifty-two week high of $65.70. The firm has a market capitalization of $1.95 billion, a PE ratio of 82.91 and a beta of 1.79.

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

Vicor Company Profile

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.