By otakuyassine3@gmail.com 
Vanguard Group Inc. lifted its position in shares of Vicor Co. (NASDAQ:VICR – Free Report) by 0.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,529,448 shares of the electronics maker’s stock after acquiring an additional 18,893 shares during the period. Vanguard Group Inc. owned 0.06% of Vicor worth $122,223,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its stake in Vicor by 6.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 206,713 shares of the electronics maker’s stock valued at $8,703,000 after purchasing an additional 12,203 shares during the period. FMR LLC raised its holdings in shares of Vicor by 15.9% during the third quarter. FMR LLC now owns 87,014 shares of the electronics maker’s stock valued at $3,663,000 after buying an additional 11,931 shares during the last quarter. Verition Fund Management LLC acquired a new position in shares of Vicor during the third quarter worth approximately $369,000. State Street Corp boosted its position in shares of Vicor by 2.1% during the third quarter. State Street Corp now owns 852,932 shares of the electronics maker’s stock worth $35,908,000 after buying an additional 17,668 shares during the period. Finally, Barclays PLC grew its holdings in Vicor by 361.6% in the 3rd quarter. Barclays PLC now owns 39,397 shares of the electronics maker’s stock worth $1,658,000 after buying an additional 30,863 shares in the last quarter. Institutional investors and hedge funds own 47.45% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on VICR. Craig Hallum raised Vicor from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 14th. StockNews.com cut shares of Vicor from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Vicor in a research report on Tuesday, February 18th.
Get Our Latest Stock Analysis on VICR
Insider Buying and Selling
In other Vicor news, VP Claudio Tuozzolo sold 1,898 shares of the company’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $64.79, for a total value of $122,971.42. Following the transaction, the vice president now owns 33,622 shares of the company’s stock, valued at approximately $2,178,369.38. This represents a 5.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Quentin A. Fendelet sold 440 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $61.71, for a total value of $27,152.40. The disclosure for this sale can be found here. Insiders have sold a total of 11,642 shares of company stock valued at $716,070 over the last three months. Company insiders own 31.00% of the company’s stock.
Vicor Price Performance
NASDAQ VICR opened at $43.29 on Wednesday. Vicor Co. has a 12 month low of $30.90 and a 12 month high of $65.70. The firm has a market capitalization of $1.96 billion, a PE ratio of 83.25 and a beta of 1.75. The company’s 50 day simple moving average is $52.47 and its 200 day simple moving average is $50.60.
Vicor (NASDAQ:VICR – Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The electronics maker reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.05. Vicor had a return on equity of 4.29% and a net margin of 6.46%. The company had revenue of $96.17 million for the quarter, compared to analysts’ expectations of $91.03 million.
Vicor Company Profile
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.
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