Sapient Capital LLC Buys Shares of 44,650 Vicor Co. (NASDAQ:VICR)

Sapient Capital LLC purchased a new position in Vicor Co. (NASDAQ:VICR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 44,650 shares of the electronics maker's stock, valued at approximately $2,007,000. Sapient Capital LLC owned approximately 0.10% of Vicor at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Commonwealth Equity Services LLC purchased a new stake in shares of Vicor in the third quarter valued at $232,000. Raymond James & Associates purchased a new stake in Vicor in the 3rd quarter worth about $471,000. Raymond James Financial Services Advisors Inc. purchased a new stake in Vicor in the 3rd quarter worth about $259,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Vicor by 35.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,422 shares of the electronics maker's stock worth $260,000 after acquiring an additional 1,167 shares during the period. Finally, Yorktown Management & Research Co Inc acquired a new position in shares of Vicor in the 3rd quarter valued at about $259,000. Institutional investors and hedge funds own 47.45% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on VICR shares. Craig Hallum decreased their price target on shares of Vicor from $40.00 to $35.00 and set a "hold" rating for the company in a report on Wednesday, April 24th. StockNews.com lowered shares of Vicor from a "hold" rating to a "sell" rating in a research note on Sunday, April 28th. Finally, Needham & Company LLC restated a "hold" rating on shares of Vicor in a report on Wednesday, April 24th.

Insider Buying and Selling

In other Vicor news, VP Robert Gendron sold 2,000 shares of the firm's stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $36.83, for a total transaction of $73,660.00. Following the transaction, the vice president now directly owns 5,374 shares in the company, valued at $197,924.42. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, VP Kemble D. Morrison sold 2,659 shares of the firm's stock in a transaction on Monday, February 26th. The shares were sold at an average price of $37.00, for a total value of $98,383.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Robert Gendron sold 2,000 shares of Vicor stock in a transaction on Friday, March 8th. The stock was sold at an average price of $36.83, for a total transaction of $73,660.00. Following the completion of the transaction, the vice president now owns 5,374 shares in the company, valued at approximately $197,924.42. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,999 shares of company stock worth $184,990. Corporate insiders own 31.30% of the company's stock.

Vicor Stock Performance

Shares of Vicor stock traded up $1.18 during trading on Friday, hitting $33.96. 159,291 shares of the stock traded hands, compared to its average volume of 231,251. The company has a fifty day moving average price of $36.25 and a two-hundred day moving average price of $39.19. Vicor Co. has a twelve month low of $30.90 and a twelve month high of $98.38. The stock has a market cap of $1.51 billion, a P/E ratio of 33.96 and a beta of 1.53.

Vicor (NASDAQ:VICR - Get Free Report) last posted its earnings results on Tuesday, April 23rd. The electronics maker reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by ($0.04). Vicor had a net margin of 11.49% and a return on equity of 8.55%. The business had revenue of $83.80 million during the quarter, compared to analyst estimates of $84.83 million. During the same quarter last year, the firm earned $0.25 earnings per share. Vicor's revenue was down 14.3% compared to the same quarter last year.

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.