GSA Capital Partners LLP Sells 25,157 Shares of Vicor Corporation $VICR

GSA Capital Partners LLP decreased its position in shares of Vicor Corporation (NASDAQ:VICR) by 43.0% in the third quarter, HoldingsChannel reports. The fund owned 33,328 shares of the electronics maker’s stock after selling 25,157 shares during the quarter. GSA Capital Partners LLP’s holdings in Vicor were worth $1,657,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of VICR. Millennium Management LLC grew its stake in Vicor by 4,634.5% during the 1st quarter. Millennium Management LLC now owns 264,611 shares of the electronics maker’s stock worth $12,379,000 after buying an additional 259,022 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Vicor by 90.9% during the second quarter. AQR Capital Management LLC now owns 78,189 shares of the electronics maker’s stock worth $3,547,000 after acquiring an additional 37,222 shares during the last quarter. Edgestream Partners L.P. purchased a new stake in shares of Vicor during the second quarter worth about $1,559,000. Colrain Capital LLC raised its position in shares of Vicor by 14.5% in the 2nd quarter. Colrain Capital LLC now owns 230,200 shares of the electronics maker’s stock valued at $10,442,000 after purchasing an additional 29,200 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its stake in Vicor by 221.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 36,133 shares of the electronics maker’s stock worth $1,639,000 after purchasing an additional 24,876 shares in the last quarter. 47.45% of the stock is owned by hedge funds and other institutional investors.

Vicor Stock Performance

NASDAQ VICR opened at $157.28 on Wednesday. The firm has a market capitalization of $7.02 billion, a P/E ratio of 85.95 and a beta of 1.90. The stock has a 50-day simple moving average of $136.33 and a two-hundred day simple moving average of $90.72. Vicor Corporation has a fifty-two week low of $38.92 and a fifty-two week high of $177.00.

Insider Activity at Vicor

In other news, insider Michael Mcnamara sold 4,237 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $101.23, for a total transaction of $428,911.51. Following the sale, the insider owned 18,138 shares of the company’s stock, valued at $1,836,109.74. This trade represents a 18.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO James F. Schmidt sold 5,000 shares of Vicor stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $110.00, for a total transaction of $550,000.00. Following the transaction, the chief financial officer directly owned 875 shares of the company’s stock, valued at approximately $96,250. This trade represents a 85.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 128,306 shares of company stock worth $13,743,160. 31.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

VICR has been the topic of a number of recent analyst reports. Craig Hallum upgraded shares of Vicor from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a research note on Wednesday, October 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Vicor in a research report on Wednesday, January 21st. Roth Mkm reaffirmed a “buy” rating and set a $175.00 price target on shares of Vicor in a research report on Thursday, January 22nd. Needham & Company LLC set a $90.00 price objective on Vicor and gave the company a “buy” rating in a report on Wednesday, October 22nd. Finally, Wall Street Zen downgraded Vicor from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 23rd. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $118.33.

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.