Vicor (NASDAQ:VICR) CFO James Schmidt Sells 1,000 Shares

Vicor Corporation (NASDAQ:VICR) CFO James Schmidt sold 1,000 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $331.68, for a total transaction of $331,680.00. Following the transaction, the chief financial officer directly owned 1,000 shares in the company, valued at $331,680. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Vicor Stock Performance

Shares of VICR stock opened at $366.79 on Tuesday. Vicor Corporation has a 52-week low of $41.76 and a 52-week high of $370.00. The company has a 50-day simple moving average of $293.52 and a two-hundred day simple moving average of $203.89. The company has a market capitalization of $16.72 billion, a price-to-earnings ratio of 122.67 and a beta of 2.36.

Vicor (NASDAQ:VICR) last posted its earnings results on Tuesday, April 21st. The electronics maker reported $0.44 EPS for the quarter, topping the consensus estimate of $0.40 by $0.04. Vicor had a net margin of 28.98% and a return on equity of 20.21%. The firm had revenue of $112.97 million for the quarter, compared to analysts’ expectations of $109.05 million. During the same quarter last year, the firm earned $0.06 EPS. The company’s quarterly revenue was up 20.2% compared to the same quarter last year. On average, sell-side analysts forecast that Vicor Corporation will post 2.94 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

VICR has been the topic of several research analyst reports. Needham & Company LLC boosted their price objective on Vicor to $400.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Wall Street Zen lowered Vicor from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Craig Hallum lifted their target price on Vicor to $450.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Roth Mkm increased their price target on shares of Vicor from $285.00 to $375.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Vicor in a report on Monday, June 1st. One 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. According to data from MarketBeat.com, Vicor has a consensus rating of “Buy” and an average target price of $408.33.

Key Headlines Impacting Vicor

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Analyst commentary highlighted Vicor’s 621% share-price surge over the past year, citing rising AI power demand, proprietary technology, IP licensing growth, and manufacturing leverage as long-term growth drivers. Vicor Surges 621% in the Past Year: Should You Buy the Stock?
• Positive Sentiment: Vicor recently reached a new 1-year high, signaling continued momentum and investor confidence in the stock. Vicor (NASDAQ:VICR) Reaches New 1-Year High – Should You Buy?
• Neutral Sentiment: Several insider sales were disclosed, including CEO Patrizio Vinciarelli, CFO James F. Schmidt, and director Andrew D’Amico. While insider selling can sometimes weigh on sentiment, the small size of the trades relative to their holdings makes the signal mixed rather than clearly negative.
• Neutral Sentiment: A hedge fund and insider trading roundup also referenced Vicor, but did not add any new company-specific catalyst beyond the recent insider activity. Hedge Fund and Insider Trading News

Institutional Trading of Vicor

Several hedge funds have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd bought a new stake in Vicor in the 3rd quarter valued at about $352,000. Intech Investment Management LLC lifted its holdings in Vicor by 36.6% during the third quarter. Intech Investment Management LLC now owns 29,786 shares of the electronics maker’s stock valued at $1,481,000 after purchasing an additional 7,985 shares during the last quarter. Range Financial Group LLC bought a new position in Vicor during the fourth quarter worth about $1,537,000. Convergence Investment Partners LLC bought a new position in Vicor during the fourth quarter worth about $1,631,000. Finally, Chicago Capital LLC purchased a new position in shares of Vicor in the fourth quarter worth about $771,000. 47.45% of the stock is currently owned by institutional investors.

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.