Versor Investments LP Sells 2,041 Shares of Vicor Corporation $VICR

Versor Investments LP trimmed its position in shares of Vicor Corporation (NASDAQ:VICRFree Report) by 31.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,485 shares of the electronics maker’s stock after selling 2,041 shares during the quarter. Versor Investments LP’s holdings in Vicor were worth $492,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Dynamic Technology Lab Private Ltd bought a new position in Vicor in the third quarter worth about $352,000. Summit Global Investments bought a new position in Vicor in the third quarter worth about $1,050,000. Colrain Capital LLC raised its stake in Vicor by 10.4% in the third quarter. Colrain Capital LLC now owns 254,140 shares of the electronics maker’s stock worth $12,636,000 after buying an additional 23,940 shares in the last quarter. Public Sector Pension Investment Board raised its stake in Vicor by 13.4% in the third quarter. Public Sector Pension Investment Board now owns 89,312 shares of the electronics maker’s stock worth $4,441,000 after buying an additional 10,532 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in Vicor in the third quarter worth about $448,000. 47.45% of the stock is owned by institutional investors.

Trending Headlines about Vicor

Here are the key news stories impacting Vicor this week:

  • Positive Sentiment: Vicor’s latest earnings report beat expectations, with EPS of $0.44 versus $0.40 expected and revenue of $112.97 million topping estimates, while sales rose 20.2% year over year. Vicor earnings and stock overview
  • Positive Sentiment: Recent coverage highlighted record AI data-center demand as a key growth driver for Vicor, supporting the rally and keeping investors focused on upside tied to power-efficient computing hardware. Vicor record data-center demand article
  • Neutral Sentiment: Jim Cramer commented on Vicor, saying investors who do not already own it should be patient, adding to the stock’s visibility but not changing the fundamental picture. Jim Cramer on Vicor
  • Negative Sentiment: Several insiders sold shares over the past few days, including Director Andrew D’amico and VP Kemble Morrison, which can create near-term caution after a sharp run-up. Vicor insider selling

Insider Buying and Selling at Vicor

In other Vicor news, CEO Patrizio Vinciarelli sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $201.54, for a total transaction of $10,077,000.00. Following the completion of the transaction, the chief executive officer owned 9,608,163 shares of the company’s stock, valued at approximately $1,936,429,171.02. This trade represents a 0.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 747,866 shares of company stock worth $145,277,958 over the last ninety days. 31.30% of the stock is currently owned by company insiders.

Vicor Stock Performance

Shares of NASDAQ VICR opened at $290.54 on Friday. Vicor Corporation has a fifty-two week low of $40.54 and a fifty-two week high of $316.82. The company has a 50 day simple moving average of $208.09 and a two-hundred day simple moving average of $154.73. The company has a market capitalization of $13.24 billion, a price-to-earnings ratio of 97.17 and a beta of 2.33.

Vicor (NASDAQ:VICRGet Free Report) last announced its earnings results 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 net margin of 28.98% and a return on equity of 20.21%. The business had revenue of $112.97 million during the quarter, compared to the consensus estimate of $109.05 million. During the same quarter last year, the firm earned $0.06 earnings per share. The business’s revenue for the quarter was up 20.2% on a year-over-year basis. On average, analysts forecast that Vicor Corporation will post 2.71 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

VICR has been the subject of a number of research reports. Needham & Company LLC increased their price target on shares of Vicor from $180.00 to $260.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Zacks Research raised shares of Vicor from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Vicor in a research note on Wednesday, January 21st. Wall Street Zen downgraded shares of Vicor from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Finally, Roth Mkm reissued a “buy” rating and issued a $245.00 price target on shares of Vicor in a research note on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $198.33.

Check Out Our Latest Report on VICR

About Vicor

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding VICR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vicor Corporation (NASDAQ:VICRFree Report).

Institutional Ownership by Quarter for Vicor (NASDAQ:VICR)

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