2,901 Shares in Vicor Co. (NASDAQ:VICR) Purchased by Headlands Technologies LLC

Headlands Technologies LLC acquired a new stake in Vicor Co. (NASDAQ:VICR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,901 shares of the electronics maker’s stock, valued at approximately $140,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of Vicor by 146.2% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,162 shares of the electronics maker’s stock valued at $49,000 after buying an additional 690 shares during the period. Truist Financial Corp purchased a new position in Vicor in the fourth quarter worth $213,000. Net Worth Advisory Group acquired a new stake in Vicor in the fourth quarter valued at $218,000. Savant Capital LLC purchased a new stake in shares of Vicor during the 4th quarter worth $223,000. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Vicor during the 4th quarter worth $227,000. Hedge funds and other institutional investors own 47.45% of the company’s stock.

Vicor Stock Down 5.8 %

Vicor stock opened at $42.09 on Friday. The firm has a market capitalization of $1.90 billion, a PE ratio of 80.94 and a beta of 1.45. Vicor Co. has a 52 week low of $30.90 and a 52 week high of $65.70. The firm’s 50-day simple moving average is $52.78 and its 200 day simple moving average is $50.46.

Vicor (NASDAQ:VICR) last announced its quarterly earnings results on Thursday, February 20th. The electronics maker reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.05. Vicor had a net margin of 6.46% and a return on equity of 4.29%. The company had revenue of $96.17 million for the quarter, compared to the consensus estimate of $91.03 million.

Analyst Upgrades and Downgrades

VICR has been the topic of a number of research analyst reports. StockNews.com downgraded shares of Vicor from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. Needham & Company LLC reissued a “hold” rating on shares of Vicor in a research note on Tuesday, February 18th. Finally, Craig Hallum raised Vicor from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 14th.

Insider Buying and Selling at Vicor

In related news, Director Andrew D’amico sold 2,000 shares of Vicor stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $51.91, for a total transaction of $103,820.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Claudio Tuozzolo sold 1,898 shares of the company’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $64.79, for a total transaction of $122,971.42. Following the completion of the transaction, the vice president now owns 33,622 shares in the company, valued at approximately $2,178,369.38. This trade represents a 5.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,642 shares of company stock worth $819,890. 31.00% of the stock is owned by insiders.

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.