Two Sigma Investments LP Sells 70,442 Shares of Vicor Co. (NASDAQ:VICR)

Two Sigma Investments LP cut its holdings in Vicor Co. (NASDAQ:VICR - Free Report) by 89.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,552 shares of the electronics maker's stock after selling 70,442 shares during the quarter. Two Sigma Investments LP's holdings in Vicor were worth $413,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VICR. Headlands Technologies LLC acquired a new position in shares of Vicor in the 4th quarter valued at approximately $140,000. Truist Financial Corp acquired a new position in shares of Vicor in the 4th quarter valued at approximately $213,000. Net Worth Advisory Group acquired a new position in shares of Vicor in the 4th quarter valued at approximately $218,000. Savant Capital LLC acquired a new position in shares of Vicor in the 4th quarter valued at approximately $223,000. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Vicor in the 4th quarter valued at approximately $227,000. 47.45% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on VICR shares. Needham & Company LLC reiterated 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 note on Tuesday, March 4th. Finally, Craig Hallum upgraded Vicor from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th.

Vicor Stock Performance

NASDAQ VICR traded down $1.35 during trading on Friday, hitting $43.65. The stock had a trading volume of 178,622 shares, compared to its average volume of 240,648. The company has a market capitalization of $1.97 billion, a PE ratio of 83.94 and a beta of 1.77. The company's 50-day moving average price is $44.59 and its two-hundred day moving average price is $49.76. 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 released its earnings results on Tuesday, April 29th. The electronics maker reported $0.06 EPS 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 company's revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.06 EPS.

Vicor 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.