Andrew D’amico Sells 565 Shares of Vicor (NASDAQ:VICR) Stock

Vicor Corporation (NASDAQ:VICR) Director Andrew D’amico sold 565 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $303.03, for a total value of $171,211.95. Following the transaction, the director owned 565 shares in the company, valued at $171,211.95. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Andrew D’amico also recently made the following trade(s):

• On Wednesday, May 13th, Andrew D’amico sold 1,200 shares of Vicor stock. The shares were sold at an average price of $312.31, for a total value of $374,772.00.
• On Monday, May 4th, Andrew D’amico sold 7,512 shares of Vicor stock. The shares were sold at an average price of $252.89, for a total value of $1,899,709.68.
• On Monday, April 27th, Andrew D’amico sold 800 shares of Vicor stock. The shares were sold at an average price of $277.00, for a total value of $221,600.00.

Vicor Trading Down 6.1%

Shares of Vicor stock opened at $290.54 on Friday. The firm has a market capitalization of $13.24 billion, a PE ratio of 97.17 and a beta of 2.33. The business’s 50-day moving average price is $208.09 and its 200-day moving average price is $154.73. Vicor Corporation has a 12 month low of $40.54 and a 12 month high of $316.82.

Vicor (NASDAQ:VICR) last posted its quarterly earnings results on Tuesday, April 21st. The electronics maker reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.04. Vicor had a return on equity of 20.21% and a net margin of 28.98%.The business had revenue of $112.97 million for the quarter, compared to analyst estimates of $109.05 million. During the same period last year, the company earned $0.06 EPS. Vicor’s revenue for the quarter was up 20.2% compared to the same quarter last year. As a group, analysts predict that Vicor Corporation will post 2.71 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on VICR shares. Wall Street Zen lowered Vicor from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Zacks Research upgraded Vicor from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Needham & Company LLC raised their price target on Vicor from $180.00 to $260.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Weiss Ratings restated a “hold (c)” rating on shares of Vicor in a research report on Wednesday, January 21st. Finally, Roth Mkm restated a “buy” rating and set a $245.00 price target on shares of Vicor in a research report on Monday, April 20th. One 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’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $198.33.

Institutional Investors Weigh In On Vicor

A number of large investors have recently made changes to their positions in VICR. Federated Hermes Inc. bought a new stake in shares of Vicor in the 4th quarter worth approximately $27,000. Nisa Investment Advisors LLC grew its position in shares of Vicor by 53.4% in 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 during the last quarter. Harbour Investments Inc. bought a new stake in shares of Vicor in the 4th quarter worth approximately $32,000. Allworth Financial LP grew its position in shares of Vicor by 960.0% in the 4th quarter. Allworth Financial LP now owns 318 shares of the electronics maker’s stock worth $35,000 after buying an additional 288 shares during the last quarter. Finally, NBC Securities Inc. bought a new stake in shares of Vicor in the 4th quarter worth approximately $36,000. 47.45% of the stock is currently owned by institutional investors.

Vicor News Summary

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

About Vicor

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.