Kemble Morrison Sells 2,313 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICR) VP Kemble Morrison sold 2,313 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $301.59, for a total transaction of $697,577.67. Following the completion of the transaction, the vice president owned 372 shares of the company’s stock, valued at approximately $112,191.48. This trade represents a 86.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Vicor Stock Performance

VICR stock opened at $309.27 on Thursday. The company has a market capitalization of $14.10 billion, a P/E ratio of 103.43 and a beta of 2.33. The company has a fifty day moving average price of $206.32 and a 200-day moving average price of $153.32. Vicor Corporation has a 52-week low of $40.54 and a 52-week high of $315.00.

Vicor (NASDAQ:VICR) last issued its quarterly earnings data on Tuesday, April 21st. The electronics maker reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.04. The company had revenue of $112.97 million for the quarter, compared to analysts’ expectations of $109.05 million. Vicor had a net margin of 28.98% and a return on equity of 20.21%. Vicor’s revenue for the quarter was up 20.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.06 earnings per share. As a group, sell-side analysts forecast that Vicor Corporation will post 2.71 earnings per share for the current fiscal year.

More Vicor News

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Vicor’s recent earnings report beat expectations on both EPS and revenue, while management’s outlook and strong backlog pointed to continued demand in AI and data-center power applications.
• Positive Sentiment: Recent coverage highlighted Vicor as a beneficiary of record data-center demand, helping fuel momentum in the shares. Article Title
• Neutral Sentiment: Analyst sentiment remains constructive, with recent buy ratings and price-target increases, though targets are still below the stock’s recent surge.
• Negative Sentiment: Multiple insiders sold shares in recent days, including VP Kemble Morrison, CAO Quentin Fendelet, Director Andrew D’Amico, VP Alvaro Doyle, and insider Michael McNamara, which may have triggered or intensified profit-taking concerns.
• Negative Sentiment: Market commentary suggests the stock may be experiencing a pullback after a sharp run-up, as traders digest the insider-sale filings and lock in gains after the rally.

Institutional Investors Weigh In On Vicor

Institutional investors and hedge funds have recently made changes to their positions in the business. Federated Hermes Inc. bought a new stake in Vicor in the fourth quarter worth approximately $27,000. Nisa Investment Advisors LLC boosted its holdings in shares of Vicor by 53.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 603 shares of the electronics maker’s stock worth $30,000 after buying an additional 210 shares in the last quarter. Harbour Investments Inc. acquired a new stake in shares of Vicor during the 4th quarter worth approximately $32,000. Allworth Financial LP increased its stake in shares of Vicor by 960.0% in the 4th quarter. Allworth Financial LP now owns 318 shares of the electronics maker’s stock valued at $35,000 after acquiring an additional 288 shares in the last quarter. Finally, NBC Securities Inc. bought a new stake in shares of Vicor in the 4th quarter valued at $36,000. Institutional investors own 47.45% of the company’s stock.

Analyst Ratings Changes

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

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.