Jacobs Levy Equity Management Inc. Invests $1.32 Million in Vicor Co. (NASDAQ:VICR)

Jacobs Levy Equity Management Inc. acquired a new stake in shares of Vicor Co. (NASDAQ:VICR - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 27,298 shares of the electronics maker's stock, valued at approximately $1,319,000. Jacobs Levy Equity Management Inc. owned 0.06% of Vicor at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Bouvel Investment Partners LLC raised its position in shares of Vicor by 1.0% during the 4th quarter. Bouvel Investment Partners LLC now owns 24,790 shares of the electronics maker's stock valued at $1,198,000 after purchasing an additional 243 shares during the period. Simon Quick Advisors LLC raised its position in shares of Vicor by 4.1% during the 4th quarter. Simon Quick Advisors LLC now owns 8,175 shares of the electronics maker's stock valued at $395,000 after purchasing an additional 324 shares during the period. New York State Common Retirement Fund grew its stake 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 valued at $10,314,000 after acquiring an additional 600 shares in the last quarter. MetLife Investment Management LLC grew its stake in Vicor by 8.2% during the fourth quarter. MetLife Investment Management LLC now owns 13,700 shares of the electronics maker's stock valued at $662,000 after acquiring an additional 1,039 shares in the last quarter. Finally, Swiss National Bank grew its stake in Vicor by 2.5% during the fourth quarter. Swiss National Bank now owns 45,932 shares of the electronics maker's stock valued at $2,219,000 after acquiring an additional 1,100 shares in the last quarter. 47.45% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Craig Hallum raised shares of Vicor from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th. Needham & Company LLC reaffirmed a "hold" rating on shares of Vicor in a research note on Tuesday, February 18th. Finally, Wall Street Zen cut shares of Vicor from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th.

Vicor Trading Up 0.8%

VICR traded up $0.32 during trading on Thursday, hitting $41.79. 35,491 shares of the company traded hands, compared to its average volume of 237,961. The company has a market cap of $1.89 billion, a PE ratio of 80.57 and a beta of 1.79. The stock's 50-day simple moving average is $46.70 and its two-hundred day simple moving average is $51.01. Vicor Co. has a 1 year low of $31.65 and a 1 year high of $65.70.

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

Insiders Place Their Bets

In other Vicor news, CAO Quentin A. Fendelet sold 440 shares of Vicor stock in a transaction on 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 this hyperlink. Also, VP Claudio Tuozzolo sold 1,898 shares of Vicor stock in a transaction 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 of the company's stock, valued at $2,178,369.38. The trade was a 5.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,642 shares of company stock valued at $477,070 in the last three months. Corporate 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.