Vicor Corp (NASDAQ:VICR) VP Alex Gusinov sold 700 shares of the company’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $37.50, for a total transaction of $26,250.00. Following the completion of the transaction, the vice president now owns 12,360 shares in the company, valued at $463,500. The sale was disclosed in a filing with the SEC, which is available through this link.
Alex Gusinov also recently made the following trade(s):
- On Monday, September 9th, Alex Gusinov sold 5,060 shares of Vicor stock. The stock was sold at an average price of $31.50, for a total transaction of $159,390.00.
NASDAQ:VICR traded up $0.75 during midday trading on Friday, reaching $37.93. 11,368 shares of the stock traded hands, compared to its average volume of 221,587. Vicor Corp has a 12-month low of $26.50 and a 12-month high of $49.27. The business has a 50-day moving average of $32.61 and a two-hundred day moving average of $31.84. The stock has a market capitalization of $1.51 billion, a PE ratio of 48.63 and a beta of 0.68.
Vicor (NASDAQ:VICR) last posted its earnings results on Thursday, October 17th. The electronics maker reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.01). Vicor had a net margin of 7.20% and a return on equity of 10.21%. The firm had revenue of $70.77 million for the quarter, compared to analysts’ expectations of $71.00 million. Equities analysts forecast that Vicor Corp will post 0.45 EPS for the current year.
Several equities research analysts have recently weighed in on VICR shares. Zacks Investment Research raised shares of Vicor from a “sell” rating to a “hold” rating in a research report on Sunday, November 3rd. BidaskClub raised shares of Vicor from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 30th. Needham & Company LLC set a $42.00 target price on shares of Vicor and gave the company a “buy” rating in a research report on Friday, October 18th. Craig Hallum started coverage on shares of Vicor in a research report on Monday, August 12th. They set a “buy” rating and a $43.00 target price for the company. Finally, ValuEngine raised shares of Vicor from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Vicor currently has an average rating of “Buy” and an average price target of $40.00.
Large investors have recently bought and sold shares of the stock. Invesco Ltd. raised its holdings in shares of Vicor by 616.0% in the second quarter. Invesco Ltd. now owns 583,911 shares of the electronics maker’s stock worth $18,130,000 after buying an additional 502,364 shares during the last quarter. Garnet Equity Capital Holdings Inc. purchased a new position in shares of Vicor in the third quarter worth $1,181,000. Aperio Group LLC purchased a new position in shares of Vicor in the second quarter worth $54,000. A.R.T. Advisors LLC purchased a new position in shares of Vicor in the second quarter worth $993,000. Finally, Artemis Investment Management LLP raised its holdings in shares of Vicor by 4.8% in the third quarter. Artemis Investment Management LLP now owns 251,324 shares of the electronics maker’s stock worth $7,233,000 after buying an additional 11,516 shares during the last quarter. 28.64% of the stock is owned by institutional investors.
Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting electrical power worldwide. It operates through Brick Business Unit, VI Chip, and Picor segments. The company offers a range of brick-format DC-DC converters and configurable products; complementary components; and input and output voltage, and output power products, as well as electrical and mechanical accessories.
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