Vicor (NASDAQ:VICR) Director Andrew D’amico Sells 331 Shares of Stock

Vicor Corporation (NASDAQ:VICR) Director Andrew D’amico sold 331 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $319.53, for a total transaction of $105,764.43. Following the sale, the director directly owned 200 shares of the company’s stock, valued at $63,906. This represents a 62.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Andrew D’amico also recently made the following trade(s):

• On Thursday, June 25th, Andrew D’amico sold 200 shares of Vicor stock. The stock was sold at an average price of $336.82, for a total transaction of $67,364.00.
• On Tuesday, June 23rd, Andrew D’amico sold 754 shares of Vicor stock. The shares were sold at an average price of $330.00, for a total transaction of $248,820.00.
• On Monday, June 22nd, Andrew D’amico sold 1,216 shares of Vicor stock. The shares were sold at an average price of $360.77, for a total transaction of $438,696.32.
• On Thursday, May 14th, Andrew D’amico sold 800 shares of Vicor stock. The stock was sold at an average price of $315.35, for a total transaction of $252,280.00.
• On Wednesday, May 13th, Andrew D’amico sold 1,200 shares of Vicor stock. The stock was sold at an average price of $312.31, for a total transaction of $374,772.00.
• On Tuesday, May 12th, Andrew D’amico sold 565 shares of Vicor stock. The stock was sold at an average price of $303.03, for a total transaction of $171,211.95.
• On Monday, May 4th, Andrew D’amico sold 7,512 shares of Vicor stock. The shares were sold at an average price of $252.89, for a total value of $1,899,709.68.
• On Monday, April 27th, Andrew D’amico sold 800 shares of Vicor stock. The stock was sold at an average price of $277.00, for a total value of $221,600.00.

Vicor Trading Up 12.2%

Shares of VICR stock opened at $366.79 on Tuesday. 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 Corporation has a 1-year low of $41.76 and a 1-year high of $370.00. The stock’s fifty day simple moving average is $293.52 and its 200-day simple moving average is $203.89.

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

Vicor News Roundup

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

Analyst Ratings Changes

Several analysts recently commented on the stock. Needham & Company LLC raised their price target on shares of Vicor to $400.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. Wall Street Zen lowered shares of Vicor from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Roth Mkm increased 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. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vicor in a research report on Monday, June 1st. Finally, Craig Hallum lifted 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. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $408.33.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of VICR. Federated Hermes Inc. purchased a new stake in shares of Vicor during the 4th quarter worth about $27,000. Harbour Investments Inc. bought a new stake in shares of Vicor in the 4th quarter valued at approximately $32,000. Allworth Financial LP raised its position in Vicor by 960.0% during the fourth quarter. Allworth Financial LP now owns 318 shares of the electronics maker’s stock valued at $35,000 after acquiring an additional 288 shares in the last quarter. NBC Securities Inc. bought a new position in Vicor during the fourth quarter valued at approximately $36,000. Finally, SBI Securities Co. Ltd. lifted its stake in Vicor by 32,400.0% in the fourth quarter. SBI Securities Co. Ltd. now owns 325 shares of the electronics maker’s stock valued at $36,000 after acquiring an additional 324 shares during the last quarter. 47.45% of the stock is owned by institutional investors and hedge funds.

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.