Vicor Co. (NASDAQ:VICR - Get Free Report) VP Nancy L. Grava sold 1,277 shares of Vicor stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $33.91, for a total value of $43,303.07. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Vicor Price Performance
NASDAQ:VICR traded down $0.46 during mid-day trading on Monday, reaching $33.50. The company's stock had a trading volume of 164,875 shares, compared to its average volume of 265,795. Vicor Co. has a twelve month low of $30.90 and a twelve month high of $98.38. The company's fifty day simple moving average is $36.25 and its two-hundred day simple moving average is $39.08. The stock has a market cap of $1.49 billion, a P/E ratio of 33.50 and a beta of 1.53.
Vicor (NASDAQ:VICR - Get Free Report) last issued its earnings results on Tuesday, April 23rd. The electronics maker reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by ($0.04). The firm had revenue of $83.80 million during the quarter, compared to analyst estimates of $84.83 million. Vicor had a net margin of 11.49% and a return on equity of 8.55%. Vicor's revenue was down 14.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.25 EPS.
Analyst Upgrades and Downgrades
VICR has been the subject of several recent research reports. Needham & Company LLC restated a "hold" rating on shares of Vicor in a report on Wednesday, April 24th. StockNews.com cut Vicor from a "hold" rating to a "sell" rating in a research report on Sunday, April 28th. Finally, Craig Hallum decreased their price target on shares of Vicor from $40.00 to $35.00 and set a "hold" rating on the stock in a research note on Wednesday, April 24th.
Read Our Latest Stock Analysis on Vicor
Institutional Investors Weigh In On Vicor
Several institutional investors have recently bought and sold shares of the business. Commonwealth Equity Services LLC purchased a new stake in Vicor during the 3rd quarter worth $232,000. Raymond James & Associates acquired a new position in shares of Vicor during the third quarter worth about $471,000. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Vicor in the third quarter worth about $259,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Vicor by 35.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,422 shares of the electronics maker's stock valued at $260,000 after buying an additional 1,167 shares in the last quarter. Finally, Yorktown Management & Research Co Inc purchased a new stake in shares of Vicor during the 3rd quarter valued at about $259,000. 47.45% of the stock is currently owned by hedge funds and other institutional investors.
About Vicor
(
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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.
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