Insider Buying: Patrizio Vinciarelli Purchases 57,413 Shares of Vicor Corp. Stock (VICR)
Vicor Corp. (NASDAQ:VICR) CEO Patrizio Vinciarelli bought 57,413 shares of Vicor Corp. stock in a transaction that occurred on Friday, June 13th. The stock was purchased at an average price of $7.55 per share, for a total transaction of $433,468.15. Following the transaction, the chief executive officer now directly owns 9,732,893 shares in the company, valued at approximately $73,483,342. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Vicor Corp. (NASDAQ:VICR) traded up 0.26% on Friday, hitting $7.80. The stock had a trading volume of 32,229 shares. Vicor Corp. has a 1-year low of $5.15 and a 1-year high of $14.11. The stock has a 50-day moving average of $7.64 and a 200-day moving average of $10.1. The company’s market cap is $300.6 million.
Manufactures modular power converters, power systems and power system converters, using a patented high frequency converter architecture.
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