Vicor Co. (NASDAQ:VICR) Shares Sold by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. reduced its position in Vicor Co. (NASDAQ:VICR - Free Report) by 81.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,284 shares of the electronics maker's stock after selling 140,598 shares during the period. D. E. Shaw & Co. Inc. owned about 0.07% of Vicor worth $1,512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Simon Quick Advisors LLC raised its position in Vicor by 4.1% during the fourth quarter. Simon Quick Advisors LLC now owns 8,175 shares of the electronics maker's stock worth $395,000 after acquiring an additional 324 shares during the period. New York State Common Retirement Fund raised its position in 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 acquiring an additional 600 shares during the period. MetLife Investment Management LLC raised its position in Vicor by 8.2% during the fourth quarter. MetLife Investment Management LLC now owns 13,700 shares of the electronics maker's stock worth $662,000 after acquiring an additional 1,039 shares during the period. Swiss National Bank raised its position in Vicor by 2.5% during the fourth quarter. Swiss National Bank now owns 45,932 shares of the electronics maker's stock worth $2,219,000 after acquiring an additional 1,100 shares during the period. Finally, Invesco Ltd. raised its position in Vicor by 1.9% during the fourth quarter. Invesco Ltd. now owns 60,028 shares of the electronics maker's stock worth $2,901,000 after acquiring an additional 1,136 shares during the period. 47.45% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Vicor Stock Up 0.2%

Shares of NASDAQ VICR opened at $41.55 on Friday. The firm has a 50-day simple moving average of $46.42 and a 200-day simple moving average of $50.97. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 79.91 and a beta of 1.79. Vicor Co. has a 52 week low of $31.65 and a 52 week high of $65.70.

Vicor (NASDAQ:VICR - Get Free Report) last issued its 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 business 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%. Vicor's quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the company earned $0.06 earnings per share.

Insider Activity

In other news, CAO Quentin A. Fendelet sold 440 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $61.71, for a total value of $27,152.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Claudio Tuozzolo sold 3,504 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $61.00, for a total transaction of $213,744.00. Following the completion of the sale, the vice president now owns 34,622 shares of the company's stock, valued at $2,111,942. This trade represents a 9.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,842 shares of company stock worth $363,868 over the last three months. Insiders own 31.30% of the company's stock.

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.

Want to see what other hedge funds are holding VICR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vicor Co. (NASDAQ:VICR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.