Alex Gusinov Sells 3,344 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICR) VP Alex Gusinov sold 3,344 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $200.00, for a total value of $668,800.00. Following the sale, the vice president owned 6,996 shares in the company, valued at approximately $1,399,200. The trade was a 32.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Alex Gusinov also recently made the following trade(s):

• On Monday, December 15th, Alex Gusinov sold 3,844 shares of Vicor stock. The shares were sold at an average price of $97.31, for a total transaction of $374,059.64.

Vicor Price Performance

NASDAQ VICR traded down $6.64 on Friday, hitting $199.00. 162,079 shares of the stock were exchanged, compared to its average volume of 687,738. The company’s 50-day moving average price is $147.51 and its two-hundred day moving average price is $96.48. The company has a market capitalization of $8.89 billion, a price-to-earnings ratio of 76.13 and a beta of 1.90. Vicor Corporation has a 52-week low of $38.92 and a 52-week high of $205.92.

Vicor (NASDAQ:VICR) last issued its quarterly earnings results on Thursday, February 19th. The electronics maker reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.63. The business had revenue of $107.26 million for the quarter, compared to the consensus estimate of $107.78 million. Vicor had a return on equity of 18.73% and a net margin of 26.19%.Vicor’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 earnings per share.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on VICR shares. Wall Street Zen downgraded shares of Vicor from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 23rd. Roth Mkm reaffirmed a “buy” rating and set a $175.00 price target on shares of Vicor in a research note on Thursday, January 22nd. Zacks Research raised Vicor from a “hold” rating to a “strong-buy” rating in a research note on Monday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Vicor in a report on Wednesday, January 21st. 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 stock. According to MarketBeat, Vicor presently has a consensus rating of “Buy” and a consensus price target of $118.33.

Institutional Trading of Vicor

Several large investors have recently made changes to their positions in the stock. Federated Hermes Inc. bought a new position in shares of Vicor in the 4th quarter valued at approximately $27,000. Nisa Investment Advisors LLC grew its holdings in Vicor by 53.4% during the third quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker’s stock valued at $30,000 after purchasing an additional 210 shares during the last quarter. Harbour Investments Inc. bought a new position in shares of Vicor in the fourth quarter valued at approximately $32,000. Allworth Financial LP raised its position in shares of Vicor by 960.0% in the fourth quarter. Allworth Financial LP now owns 318 shares of the electronics maker’s stock valued at $35,000 after purchasing an additional 288 shares during the period. Finally, NBC Securities Inc. acquired a new stake in shares of Vicor in the fourth quarter worth $36,000. Institutional investors own 47.45% of the company’s stock.

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.