Patrizio Vinciarelli Sells 20,000 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICR) CEO Patrizio Vinciarelli sold 20,000 shares of the company’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $323.05, for a total value of $6,461,000.00. Following the completion of the sale, the chief executive officer directly owned 8,428,090 shares in the company, valued at approximately $2,722,694,474.50. The trade was a 0.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Patrizio Vinciarelli also recently made the following trade(s):

• On Monday, June 29th, Patrizio Vinciarelli sold 11,240 shares of Vicor stock. The stock was sold at an average price of $345.04, for a total value of $3,878,249.60.
• On Monday, June 29th, Patrizio Vinciarelli sold 8,760 shares of Vicor stock. The shares were sold at an average price of $366.98, for a total value of $3,214,744.80.
• On Wednesday, June 24th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The stock was sold at an average price of $326.44, for a total transaction of $6,528,800.00.
• On Monday, June 22nd, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The stock was sold at an average price of $360.94, for a total transaction of $7,218,800.00.
• On Wednesday, June 17th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $329.57, for a total transaction of $6,591,400.00.
• On Monday, June 15th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $318.65, for a total transaction of $6,373,000.00.
• On Friday, June 12th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The stock was sold at an average price of $304.87, for a total transaction of $6,097,400.00.
• On Wednesday, June 10th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $279.50, for a total transaction of $5,590,000.00.
• On Monday, June 8th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The shares were sold at an average price of $270.93, for a total transaction of $5,418,600.00.
• On Thursday, June 4th, Patrizio Vinciarelli sold 20,000 shares of Vicor stock. The stock was sold at an average price of $311.85, for a total value of $6,237,000.00.

Vicor Stock Up 3.5%

Shares of VICR opened at $379.78 on Wednesday. The stock has a market cap of $17.31 billion, a P/E ratio of 127.02 and a beta of 2.36. The business’s 50 day moving average price is $296.76 and its 200-day moving average price is $205.85. Vicor Corporation has a 52 week low of $41.76 and a 52 week high of $382.65.

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

Vicor News Summary

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Analysts and commentary have been constructive on Vicor’s outlook, with one note highlighting strong earnings estimate revisions and others pointing to rising AI power demand, proprietary technology, IP licensing growth, and manufacturing leverage as support for continued gains. Why Vicor (VICR) Might be Well Poised for a Surge
• Positive Sentiment: Vicor recently hit a new 1-year high, reflecting strong momentum and investor optimism around the company’s AI-related power products and recent operating performance. Vicor (NASDAQ:VICR) Reaches New 1-Year High – Should You Buy?
• Positive Sentiment: Earlier earnings results were also supportive: Vicor beat EPS and revenue estimates, which continues to underpin the stock’s broader re-rating. Vicor stock information
• Neutral Sentiment: Several insider sales were disclosed, including CEO Patrizio Vinciarelli, CFO James F. Schmidt, and director Andrew D’Amico. The transactions are relatively small compared with their overall holdings, so they may pressure sentiment somewhat but do not by themselves signal a major fundamental change. CEO insider filing
• Neutral Sentiment: A market roundup also referenced Vicor in the context of hedge fund and insider trading activity, but did not add a new company-specific catalyst. Hedge Fund and Insider Trading News

Institutional Trading of Vicor

A number of large investors have recently made changes to their positions in VICR. Royal Bank of Canada lifted its position in Vicor by 6.0% during the first quarter. Royal Bank of Canada now owns 15,167 shares of the electronics maker’s stock valued at $709,000 after purchasing an additional 857 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Vicor by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,537 shares of the electronics maker’s stock valued at $633,000 after buying an additional 563 shares during the period. Millennium Management LLC lifted its holdings in shares of Vicor by 4,634.5% during the 1st quarter. Millennium Management LLC now owns 264,611 shares of the electronics maker’s stock valued at $12,379,000 after buying an additional 259,022 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Vicor by 38.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 41,541 shares of the electronics maker’s stock worth $1,943,000 after buying an additional 11,525 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its stake in shares of Vicor by 56.1% in the 1st quarter. Acadian Asset Management LLC now owns 8,860 shares of the electronics maker’s stock worth $413,000 after buying an additional 3,184 shares during the last quarter. 47.45% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Craig Hallum upped their price target on shares of Vicor to $450.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Vicor in a research note on Monday, June 1st. Needham & Company LLC lifted their target price on shares of Vicor to $400.00 and gave the stock a “buy” rating in a report on Monday, June 22nd. Roth Mkm upped their target price on shares of Vicor from $285.00 to $375.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Finally, Wall Street Zen cut shares of Vicor from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Vicor currently has an average rating of “Buy” and an average price target 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.