Jump Financial LLC Sells 25,474 Shares of Vicor Co. (NASDAQ:VICR)

Jump Financial LLC trimmed its holdings in shares of Vicor Co. (NASDAQ:VICR - Free Report) by 55.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,629 shares of the electronics maker's stock after selling 25,474 shares during the period. Jump Financial LLC's holdings in Vicor were worth $927,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Byrne Asset Management LLC acquired a new position in shares of Vicor during the 4th quarter worth about $35,000. Acadian Asset Management LLC increased its position in Vicor by 30.0% during the third quarter. Acadian Asset Management LLC now owns 3,056 shares of the electronics maker's stock worth $178,000 after buying an additional 706 shares during the last quarter. Federated Hermes Inc. lifted its position in shares of Vicor by 913.5% in the third quarter. Federated Hermes Inc. now owns 3,456 shares of the electronics maker's stock valued at $204,000 after buying an additional 3,115 shares during the last quarter. Truist Financial Corp lifted its position in shares of Vicor by 35.7% in the fourth quarter. Truist Financial Corp now owns 5,000 shares of the electronics maker's stock valued at $225,000 after buying an additional 1,315 shares during the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in shares of Vicor during the 3rd quarter worth approximately $232,000. Institutional investors own 47.45% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Needham & Company LLC reaffirmed a "hold" rating on shares of Vicor in a report on Wednesday, April 24th. StockNews.com raised shares of Vicor from a "sell" rating to a "hold" rating in a report on Thursday. 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.

Insider Activity at Vicor

In other Vicor news, VP Kemble D. Morrison sold 2,659 shares of the firm's stock in a transaction on Monday, February 26th. The stock was sold at an average price of $37.00, for a total transaction of $98,383.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, VP Kemble D. Morrison sold 2,659 shares of the business's stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $37.00, for a total value of $98,383.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Nancy L. Grava sold 1,277 shares of the business's stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $33.91, for a total value of $43,303.07. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,149 shares of company stock worth $257,265. Company insiders own 31.30% of the company's stock.

Vicor Trading Up 0.4 %

VICR stock traded up $0.13 during trading hours on Friday, hitting $33.70. 132,220 shares of the stock were exchanged, compared to its average volume of 226,263. The company has a 50-day simple moving average of $35.41 and a two-hundred day simple moving average of $38.28. The firm has a market capitalization of $1.50 billion, a P/E ratio of 33.70 and a beta of 1.53. Vicor Co. has a 12 month low of $30.90 and a 12 month high of $98.38.

Vicor (NASDAQ:VICR - Get Free Report) last issued its quarterly earnings data on Tuesday, April 23rd. The electronics maker reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.04). Vicor had a return on equity of 8.55% and a net margin of 11.49%. 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 EPS. Vicor's revenue for the quarter 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.