Yousif Capital Management LLC Raises Stock Holdings in Vicor Co. (NASDAQ:VICR)

Yousif Capital Management LLC increased its position in Vicor Co. (NASDAQ:VICR) by 8.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,280 shares of the electronics maker’s stock after purchasing an additional 900 shares during the period. Yousif Capital Management LLC’s holdings in Vicor were worth $507,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eagle Asset Management Inc. purchased a new stake in Vicor in the third quarter worth $12,335,000. AWM Investment Company Inc. grew its stake in shares of Vicor by 54.8% in the third quarter. AWM Investment Company Inc. now owns 204,960 shares of the electronics maker’s stock worth $12,070,000 after acquiring an additional 72,526 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Vicor by 105.9% in the third quarter. Principal Financial Group Inc. now owns 175,180 shares of the electronics maker’s stock worth $10,316,000 after acquiring an additional 90,099 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Vicor by 3.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 172,385 shares of the electronics maker’s stock worth $10,152,000 after acquiring an additional 5,199 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Vicor by 84.0% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 149,747 shares of the electronics maker’s stock worth $8,819,000 after acquiring an additional 68,361 shares during the last quarter. 47.45% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Vicor news, VP Kemble D. Morrison sold 2,659 shares of the stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $37.00, for a total value of $98,383.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other Vicor news, VP Kemble D. Morrison sold 2,659 shares of the stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $37.00, for a total value of $98,383.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Robert Gendron sold 2,000 shares of the stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $36.83, for a total value of $73,660.00. Following the completion of the transaction, the vice president now directly owns 5,374 shares in the company, valued at approximately $197,924.42. The disclosure for this sale can be found here. Insiders have sold a total of 4,999 shares of company stock valued at $184,990 over the last ninety days. 31.30% of the stock is currently owned by corporate insiders.

Vicor Price Performance

Shares of NASDAQ:VICR opened at $33.96 on Monday. The company has a market cap of $1.51 billion, a P/E ratio of 33.96 and a beta of 1.53. Vicor Co. has a 1 year low of $30.90 and a 1 year high of $98.38. The stock’s fifty day moving average price is $36.25 and its 200-day moving average price is $39.08.

Vicor (NASDAQ:VICR) last announced its quarterly earnings results on Tuesday, April 23rd. The electronics maker reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.04). The business had revenue of $83.80 million for the quarter, compared to the consensus estimate of $84.83 million. Vicor had a net margin of 11.49% and a return on equity of 8.55%. The company’s revenue for the quarter was down 14.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.25 earnings per share.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. StockNews.com cut Vicor from a “hold” rating to a “sell” rating in a research note on Sunday, April 28th. Needham & Company LLC reissued a “hold” rating on shares of Vicor in a research note on Wednesday, April 24th. Finally, Craig Hallum lowered their price target on Vicor from $40.00 to $35.00 and set a “hold” rating on the stock in a report on Wednesday, April 24th.

About Vicor

Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters; complementary components provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as electrical and mechanical accessories.