Vicor Corporation $VICR Stock Holdings Boosted by Andar Capital Management HK Ltd

Andar Capital Management HK Ltd grew its position in Vicor Corporation (NASDAQ:VICR) by 71.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,000 shares of the electronics maker’s stock after purchasing an additional 23,000 shares during the period. Vicor makes up approximately 7.6% of Andar Capital Management HK Ltd’s holdings, making the stock its 6th largest holding. Andar Capital Management HK Ltd’s holdings in Vicor were worth $8,855,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Vicor by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 2,534,534 shares of the electronics maker’s stock worth $277,785,000 after acquiring an additional 60,963 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Vicor by 4.6% during the third quarter. Dimensional Fund Advisors LP now owns 578,515 shares of the electronics maker’s stock worth $28,759,000 after acquiring an additional 25,393 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Vicor by 1,542.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 439,820 shares of the electronics maker’s stock worth $48,205,000 after acquiring an additional 413,038 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Vicor by 3,918.9% in the fourth quarter. The Manufacturers Life Insurance Company now owns 432,189 shares of the electronics maker’s stock worth $47,368,000 after acquiring an additional 421,435 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Vicor by 39.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 374,088 shares of the electronics maker’s stock valued at $41,000,000 after purchasing an additional 106,206 shares during the last quarter. 47.45% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on VICR shares. Needham & Company LLC lifted their price target on shares of Vicor to $400.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Wall Street Zen lowered shares of Vicor from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Roth Capital boosted their target price on shares of Vicor from $285.00 to $375.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Craig Hallum upped their target price on shares of Vicor to $450.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Vicor in a research note on Monday, June 1st. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $408.33.

Insider Buying and Selling

In other Vicor news, CEO Patrizio Vinciarelli sold 700 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $302.40, for a total transaction of $211,680.00. Following the completion of the transaction, the chief executive officer directly owned 8,347,390 shares of the company’s stock, valued at $2,524,250,736. The trade was a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO James F. Schmidt sold 1,000 shares of the business’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 of the company’s stock, valued at $331,680. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 392,682 shares of company stock worth $123,899,833. Company insiders own 28.30% of the company’s stock.

Vicor Price Performance

Vicor stock opened at $230.99 on Tuesday. Vicor Corporation has a 12 month low of $41.76 and a 12 month high of $382.65. The company has a fifty day moving average price of $297.90 and a two-hundred day moving average price of $221.96. The company has a market cap of $10.53 billion, a PE ratio of 77.25 and a beta of 2.33.

Vicor (NASDAQ:VICR) last released its quarterly earnings data on Tuesday, April 21st. The electronics maker reported $0.44 earnings per share 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 analyst estimates of $109.05 million. During the same quarter in the prior year, the business earned $0.06 earnings per share. Vicor’s quarterly revenue was up 20.2% on a year-over-year basis. Equities research analysts anticipate that Vicor Corporation will post 2.94 earnings per share for the current year.

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.