Certified Advisory Corp Makes New Investment in Vicor Corporation $VICR

Certified Advisory Corp bought a new stake in Vicor Corporation (NASDAQ:VICR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,808 shares of the electronics maker’s stock, valued at approximately $291,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Federated Hermes Inc. bought a new stake in shares of Vicor in the fourth quarter worth $27,000. Harbour Investments Inc. bought a new position in Vicor during the 4th quarter valued at $32,000. Allworth Financial LP boosted its stake in Vicor by 960.0% during the 4th quarter. Allworth Financial LP now owns 318 shares of the electronics maker’s stock valued at $35,000 after acquiring an additional 288 shares during the last quarter. NBC Securities Inc. acquired a new position in Vicor during the 4th quarter worth $36,000. Finally, SBI Securities Co. Ltd. grew its holdings in Vicor by 32,400.0% during the 4th quarter. SBI Securities Co. Ltd. now owns 325 shares of the electronics maker’s stock worth $36,000 after acquiring an additional 324 shares in the last quarter. 47.45% of the stock is currently owned by hedge funds and other institutional investors.

Vicor Price Performance

Shares of VICR opened at $322.28 on Thursday. The stock has a market capitalization of $14.69 billion, a PE ratio of 107.79 and a beta of 2.36. The business’s fifty day moving average price is $284.76 and its 200 day moving average price is $198.75. Vicor Corporation has a 12-month low of $41.76 and a 12-month high of $369.40.

Vicor (NASDAQ:VICR) last released its earnings results on Tuesday, April 21st. The electronics maker reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. The firm had revenue of $112.97 million during the quarter, compared to analyst estimates of $109.05 million. Vicor had a net margin of 28.98% and a return on equity of 20.21%. The firm’s revenue for the quarter was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.06 earnings per share. As a group, research analysts anticipate that Vicor Corporation will post 2.94 earnings per share for the current fiscal year.

Vicor News Summary

Here are the key news stories impacting Vicor this week:

• Neutral Sentiment: Vicor reported several insider sales over the past two days, including CEO Patrizio Vinciarelli selling 20,000 shares and CFO James F. Schmidt and Director Andrew D’Amico each selling shares as well. Insider sales can weigh on investor sentiment, though they do not necessarily signal a change in the company’s fundamentals. Article Title
• Positive Sentiment: Recent analyst commentary remains constructive, with multiple firms raising price targets and maintaining buy ratings, and Vicor still carrying a consensus “Buy” rating. That suggests Wall Street continues to view the company’s growth and profitability prospects favorably. Article Title
• Positive Sentiment: Vicor’s prior quarter showed strong fundamentals, with earnings and revenue both beating estimates and revenue up 20.2% year over year. Those results help explain why the stock has run up significantly before this latest pullback.
• Negative Sentiment: The shares have also been volatile recently, including a notable one-day decline after a strong multi-month rally, which may be prompting profit-taking by investors. Article Title

Insider Activity at Vicor

In related news, CEO Patrizio Vinciarelli sold 50,000 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $193.21, for a total transaction of $9,660,500.00. Following the completion of the sale, the chief executive officer owned 8,895,090 shares of the company’s stock, valued at $1,718,620,338.90. This represents a 0.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 421,768 shares of company stock valued at $113,998,636. Insiders own 28.30% of the company’s stock.

Analyst Ratings Changes

VICR has been the subject of several research analyst reports. Needham & Company LLC boosted their target price on shares of Vicor to $400.00 and gave the stock a “buy” rating in a research report on Monday. Roth Mkm increased their price target on shares of Vicor from $285.00 to $375.00 and gave the stock a “buy” rating in a research report on Monday. Wall Street Zen downgraded Vicor from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Craig Hallum lifted their price target on Vicor to $450.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Vicor in a report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $408.33.

Vicor Company Profile

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.