Vicor (NASDAQ:VICR) VP Sells $826,852.11 in Stock

Key Points

• Vicor VP Philip Davies sold 3,073 shares on May 1 at an average price of $269.07, totaling $826,852.11, executed under a pre-arranged Rule 10b5‑1 plan and reducing his stake by 61.55% to 1,920 shares.
• Shares traded down 5.6% to $253.22 on the reported day, with the company carrying a market cap of $11.49 billion, a P/E of 84.69, and a 12‑month range of $39.64–$293.95.
• Vicor recently beat quarterly expectations (EPS $0.44 vs. $0.40; revenue $112.97M vs. $109.05M), with revenue up 20.2% YoY and strong margins, and analysts maintain a consensus "Buy" rating with an average target of $198.33.

Vicor Corporation (NASDAQ:VICR - Get Free Report) VP Philip Davies sold 3,073 shares of the firm's stock in a transaction on Friday, May 1st. The stock was sold at an average price of $269.07, for a total transaction of $826,852.11. Following the completion of the sale, the vice president owned 1,920 shares of the company's stock, valued at $516,614.40. This trade represents a 61.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vicor Trading Down 5.6%

Shares of VICR traded down $15.14 during trading hours on Monday, reaching $253.22. The company had a trading volume of 516,767 shares, compared to its average volume of 811,327. The firm has a 50 day simple moving average of $193.65 and a 200-day simple moving average of $142.75. The company has a market capitalization of $11.49 billion, a price-to-earnings ratio of 84.69 and a beta of 2.33. Vicor Corporation has a 12-month low of $39.64 and a 12-month high of $293.95.

Vicor (NASDAQ:VICR - Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The electronics maker reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.04. The business had revenue of $112.97 million during the quarter, compared to the consensus estimate of $109.05 million. Vicor had a net margin of 28.98% and a return on equity of 20.21%. The business's revenue was up 20.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.06 EPS. Sell-side analysts forecast that Vicor Corporation will post 2.71 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on VICR shares. Wall Street Zen downgraded shares of Vicor from a "buy" rating to a "hold" rating in a report on Saturday, April 25th. Zacks Research raised shares of Vicor from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 23rd. Roth Mkm reissued a "buy" rating and issued a $245.00 target price on shares of Vicor in a research report on Monday, April 20th. Needham & Company LLC raised their target price on shares of Vicor from $180.00 to $260.00 and gave the stock a "buy" rating in a research report on Tuesday, April 21st. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Vicor in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Vicor has a consensus rating of "Buy" and an average target price of $198.33.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Teachers Retirement System of The State of Kentucky lifted its position in Vicor by 24.8% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 7,131 shares of the electronics maker's stock valued at $1,148,000 after buying an additional 1,418 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Vicor by 1.2% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,692 shares of the electronics maker's stock valued at $916,000 after buying an additional 68 shares in the last quarter. Fifth Third Bancorp lifted its position in Vicor by 2,680.3% during the first quarter. Fifth Third Bancorp now owns 5,088 shares of the electronics maker's stock valued at $819,000 after buying an additional 4,905 shares in the last quarter. Washburn Capital Management Inc. lifted its position in Vicor by 14.1% during the first quarter. Washburn Capital Management Inc. now owns 8,450 shares of the electronics maker's stock valued at $1,360,000 after buying an additional 1,045 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in Vicor by 205.7% during the first quarter. Sequoia Financial Advisors LLC now owns 5,916 shares of the electronics maker's stock valued at $952,000 after buying an additional 3,981 shares in the last quarter. 47.45% of the stock is owned by institutional investors and hedge funds.

About Vicor

Vicor Corporation is a designer and manufacturer of modular power components and systems, serving a wide range of industries that demand high performance and efficiency. Headquartered in Andover, Massachusetts, the company develops power conversion solutions that help customers optimize energy delivery in applications from telecommunications and data centers to industrial and automotive systems.

The company's product portfolio includes high-density DC-DC converters, AC-DC front-end modules, point-of-load regulators and complete power systems that combine multiple conversion stages in a single package.

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