Vicor - VICR Stock Forecast, Price & News

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; and input and output voltage, and output power products, as well as electrical and mechanical accessories. It also provides custom power systems solutions. The company serves independent manufacturers of electronic devices, original equipment manufacturers, and their contract manufacturers in the aerospace and aviation, defense electronics, industrial automation and equipment, instrumentation, test equipment, solid state lighting, telecommunications and networking infrastructure, and vehicles and transportation markets. Vicor Corporation was incorporated in 1981 and is headquartered in Andover, Massachusetts.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on VICR. Needham & Company LLC dropped their target price on shares of Vicor from $90.00 to $75.00 and set a "buy" rating on the stock in a report on Friday, July 22nd. StockNews.com upgraded shares of Vicor from a "sell" rating to a "hold" rating in a report on Friday, July 15th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $102.50.

Vicor Stock Performance

Shares of Vicor stock traded up $2.53 on Friday, hitting $77.04. 160,999 shares of the company's stock were exchanged, compared to its average volume of 364,795. The company has a 50-day simple moving average of $61.94 and a 200-day simple moving average of $69.47. The stock has a market capitalization of $3.39 billion, a PE ratio of 91.71 and a beta of 1.11. Vicor has a 1 year low of $50.22 and a 1 year high of $164.76.

Vicor (NASDAQ:VICR - Get Rating) last issued its quarterly earnings results on Thursday, July 21st. The electronics maker reported $0.24 earnings per share for the quarter. The business had revenue of $102.19 million for the quarter. Vicor had a net margin of 10.32% and a return on equity of 8.81%.

Insider Transactions at Vicor

In other news, Director Estia J. Eichten sold 5,000 shares of Vicor stock in a transaction on Monday, July 25th. The shares were sold at an average price of $65.00, for a total transaction of $325,000.00. Following the transaction, the director now owns 230,329 shares in the company, valued at approximately $14,971,385. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Estia J. Eichten sold 11,938 shares of Vicor stock in a transaction on Wednesday, July 27th. The shares were sold at an average price of $70.74, for a total transaction of $844,494.12. Following the transaction, the director now owns 228,329 shares in the company, valued at approximately $16,151,993.46. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Estia J. Eichten sold 5,000 shares of Vicor stock in a transaction on Monday, July 25th. The shares were sold at an average price of $65.00, for a total transaction of $325,000.00. Following the transaction, the director now owns 230,329 shares in the company, valued at approximately $14,971,385. The disclosure for this sale can be found here. Corporate insiders own 31.30% of the company's stock.