Sapient Capital LLC Takes $2.01 Million Position in Vicor Co. (NASDAQ:VICR)

Sapient Capital LLC bought a new stake in shares of Vicor Co. (NASDAQ:VICR - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 44,650 shares of the electronics maker's stock, valued at approximately $2,007,000. Sapient Capital LLC owned about 0.10% of Vicor as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. bought a new position in Vicor in the 4th quarter valued at $458,000. New York State Teachers Retirement System boosted its stake in shares of Vicor by 3.2% during the fourth quarter. New York State Teachers Retirement System now owns 39,575 shares of the electronics maker's stock valued at $1,779,000 after purchasing an additional 1,236 shares during the period. State of Alaska Department of Revenue increased its stake in Vicor by 410.1% in the 4th quarter. State of Alaska Department of Revenue now owns 13,884 shares of the electronics maker's stock worth $623,000 after buying an additional 11,162 shares during the period. Bouvel Investment Partners LLC lifted its holdings in Vicor by 4.3% during the 4th quarter. Bouvel Investment Partners LLC now owns 17,022 shares of the electronics maker's stock valued at $765,000 after buying an additional 708 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky boosted its position in Vicor by 12.1% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 22,264 shares of the electronics maker's stock valued at $1,311,000 after buying an additional 2,400 shares during the period. 47.45% of the stock is currently owned by hedge funds and other institutional investors.

Vicor Stock Down 3.2 %

Shares of Vicor stock traded down $1.19 during midday trading on Friday, hitting $36.58. The company had a trading volume of 153,515 shares, compared to its average volume of 268,535. The stock has a market cap of $1.63 billion, a price-to-earnings ratio of 31.74 and a beta of 1.53. Vicor Co. has a 12-month low of $35.00 and a 12-month high of $98.38. The company has a fifty day simple moving average of $39.00 and a 200 day simple moving average of $41.85.

Vicor (NASDAQ:VICR - Get Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The electronics maker reported $0.19 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.17). Vicor had a return on equity of 10.45% and a net margin of 13.23%. The company had revenue of $92.70 million for the quarter, compared to analyst estimates of $107.07 million. During the same quarter in the previous year, the firm posted $0.18 earnings per share. The company's quarterly revenue was down 12.1% on a year-over-year basis.

Insider Activity at Vicor

In other Vicor news, VP Kemble D. Morrison sold 2,659 shares of Vicor stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $37.00, for a total transaction of $98,383.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, VP Robert Gendron sold 2,000 shares of the firm's stock in a transaction on Friday, March 8th. The shares were sold at an average price of $36.83, for a total transaction of $73,660.00. Following the sale, the vice president now owns 5,374 shares in the company, valued at $197,924.42. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Kemble D. Morrison sold 2,659 shares of Vicor stock in a transaction on Monday, February 26th. The shares were sold at an average price of $37.00, for a total transaction of $98,383.00. The disclosure for this sale can be found here. Insiders have sold a total of 4,999 shares of company stock worth $184,990 over the last quarter. Insiders own 31.30% of the company's stock.

Analysts Set New Price Targets

VICR has been the subject of several research analyst reports. Craig Hallum lowered Vicor from a "buy" rating to a "hold" rating and set a $40.00 price target for the company. in a report on Friday, February 23rd. StockNews.com upgraded Vicor from a "sell" rating to a "hold" rating in a report on Thursday, April 4th.

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.