Graham Capital Management L.P. Sells 7,427 Shares of Vicor Co. (NASDAQ:VICR)

Graham Capital Management L.P. decreased its stake in shares of Vicor Co. (NASDAQ:VICR - Free Report) by 45.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,770 shares of the electronics maker's stock after selling 7,427 shares during the period. Graham Capital Management L.P.'s holdings in Vicor were worth $424,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Headlands Technologies LLC acquired a new stake in Vicor in the 4th quarter valued at approximately $140,000. Truist Financial Corp bought a new position in shares of Vicor during the 4th quarter worth approximately $213,000. Net Worth Advisory Group acquired a new stake in shares of Vicor in the fourth quarter valued at approximately $218,000. Savant Capital LLC acquired a new stake in shares of Vicor in the fourth quarter valued at approximately $223,000. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Vicor in the fourth quarter worth $227,000. 47.45% of the stock is currently owned by institutional investors and hedge funds.

Vicor Trading Up 0.8%

Shares of NASDAQ:VICR traded up $0.32 during trading on Thursday, hitting $41.79. 35,491 shares of the company were exchanged, compared to its average volume of 237,961. Vicor Co. has a fifty-two week low of $31.65 and a fifty-two week high of $65.70. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of 80.57 and a beta of 1.79. The firm has a fifty day moving average price of $46.70 and a two-hundred day moving average price of $51.01.

Vicor (NASDAQ:VICR - Get Free Report) last released its earnings results 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). Vicor had a net margin of 6.46% and a return on equity of 4.29%. The firm had revenue of $93.97 million during the quarter, compared to the consensus estimate of $96.63 million. During the same period in the prior year, the business posted $0.06 earnings per share. Vicor's quarterly revenue was up 12.0% compared to the same quarter last year.

Insider Buying and Selling at Vicor

In other news, VP Claudio Tuozzolo sold 1,898 shares of Vicor stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $64.79, for a total transaction of $122,971.42. Following the completion of the transaction, the vice president now directly owns 33,622 shares in the company, valued at approximately $2,178,369.38. The trade was a 5.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Andrew D'amico sold 1,800 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $62.89, for a total value of $113,202.00. The disclosure for this sale can be found here. Insiders sold a total of 7,642 shares of company stock worth $477,070 over the last quarter. 31.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

VICR has been the subject of a number of analyst reports. Wall Street Zen downgraded shares of 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 reaffirmed a "hold" rating on shares of Vicor in a research report on Tuesday, February 18th.

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.