11,673 Shares in Vicor Co. (NASDAQ:VICR) Acquired by Bosun Asset Management LLC

Bosun Asset Management LLC purchased a new stake in shares of Vicor Co. (NASDAQ:VICR) during the fourth quarter, Holdings Channel.com reports. The firm purchased 11,673 shares of the electronics maker’s stock, valued at approximately $564,000.

A number of other institutional investors and hedge funds have also bought and sold shares of VICR. Northern Trust Corp boosted its stake in shares of Vicor by 8.9% in the 4th quarter. Northern Trust Corp now owns 249,717 shares of the electronics maker’s stock valued at $12,066,000 after purchasing an additional 20,321 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in Vicor during the fourth quarter valued at about $840,000. Nebula Research & Development LLC purchased a new stake in Vicor during the fourth quarter valued at about $232,000. Price T Rowe Associates Inc. MD grew its stake in shares of Vicor by 6.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 23,178 shares of the electronics maker’s stock valued at $1,120,000 after buying an additional 1,475 shares during the last quarter. Finally, MetLife Investment Management LLC increased its holdings in shares of Vicor by 8.2% in the fourth quarter. MetLife Investment Management LLC now owns 13,700 shares of the electronics maker’s stock worth $662,000 after buying an additional 1,039 shares during the period. 47.45% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Vicor Price Performance

VICR opened at $40.43 on Tuesday. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 77.75 and a beta of 1.79. Vicor Co. has a one year low of $31.65 and a one year high of $65.70. The business has a 50 day simple moving average of $50.09 and a two-hundred day simple moving average of $51.38.

Vicor (NASDAQ:VICR) last announced its quarterly earnings results on Tuesday, April 29th. The electronics maker reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.23). The business had revenue of $93.97 million during the quarter, compared to analysts’ expectations of $96.63 million. Vicor had a return on equity of 4.29% and a net margin of 6.46%. The business’s revenue was up 12.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.06 EPS.

Insider Activity

In other Vicor news, Director Andrew D’amico sold 1,800 shares of Vicor stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $62.89, for a total transaction of $113,202.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Claudio Tuozzolo sold 3,504 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $61.00, for a total value of $213,744.00. Following the transaction, the vice president now owns 34,622 shares in the company, valued at $2,111,942. This trade represents a 9.19 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,642 shares of company stock valued at $477,070. Corporate insiders own 31.00% of the company’s stock.

Vicor Company Profile

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.