Susquehanna Fundamental Investments LLC Purchases Shares of 17,382 Vicor Co. (NASDAQ:VICR)

Susquehanna Fundamental Investments LLC acquired a new position in shares of Vicor Co. (NASDAQ:VICR - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,382 shares of the electronics maker's stock, valued at approximately $840,000.

Other hedge funds also recently modified their holdings of the company. Wealthfront Advisers LLC bought a new position in shares of Vicor in the fourth quarter valued at about $79,889,000. JPMorgan Chase & Co. increased its position in Vicor by 17.5% in the 4th quarter. JPMorgan Chase & Co. now owns 3,847,330 shares of the electronics maker's stock valued at $185,903,000 after acquiring an additional 572,093 shares in the last quarter. Colrain Capital LLC bought a new position in shares of Vicor in the fourth quarter worth about $9,181,000. Raymond James Financial Inc. bought a new position in shares of Vicor in the fourth quarter worth about $7,349,000. Finally, Norges Bank bought a new stake in shares of Vicor during the fourth quarter valued at approximately $2,663,000. Institutional investors and hedge funds own 47.45% of the company's stock.

Insiders Place Their Bets

In other 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 transaction of $27,152.40. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Claudio Tuozzolo sold 3,504 shares of the company's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $61.00, for a total transaction of $213,744.00. Following the completion of the sale, the vice president now owns 34,622 shares of the company's stock, valued at approximately $2,111,942. This represents a 9.19 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,642 shares of company stock worth $477,070. Insiders own 31.00% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. StockNews.com cut shares of Vicor from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Needham & Company LLC restated a "hold" rating on shares of Vicor in a research report on Tuesday, February 18th. Finally, Craig Hallum upgraded Vicor from a "hold" rating to a "strong-buy" rating in a report on Friday, February 14th.

Vicor Trading Up 2.3 %

Shares of VICR traded up $0.93 on Tuesday, reaching $41.36. 288,166 shares of the company's stock were exchanged, compared to its average volume of 235,265. Vicor Co. has a 12 month low of $31.65 and a 12 month high of $65.70. The stock has a market capitalization of $1.87 billion, a P/E ratio of 79.54 and a beta of 1.79. The business has a 50 day moving average price of $50.09 and a two-hundred day moving average price of $51.38.

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