4,697 Shares in Vicor Corporation $VICR Bought by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new position in shares of Vicor Corporation (NASDAQ:VICR) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,697 shares of the electronics maker’s stock, valued at approximately $1,784,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Royal Bank of Canada lifted its stake in Vicor by 6.0% during the first quarter. Royal Bank of Canada now owns 15,167 shares of the electronics maker’s stock valued at $709,000 after buying an additional 857 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Vicor by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,537 shares of the electronics maker’s stock valued at $633,000 after acquiring an additional 563 shares in the last quarter. Millennium Management LLC lifted its position in shares of Vicor by 4,634.5% in the 1st quarter. Millennium Management LLC now owns 264,611 shares of the electronics maker’s stock valued at $12,379,000 after acquiring an additional 259,022 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Vicor by 38.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 41,541 shares of the electronics maker’s stock worth $1,943,000 after purchasing an additional 11,525 shares during the period. Finally, Acadian Asset Management LLC boosted its stake in Vicor by 56.1% in the 1st quarter. Acadian Asset Management LLC now owns 8,860 shares of the electronics maker’s stock worth $413,000 after purchasing an additional 3,184 shares during the period. Institutional investors and hedge funds own 47.45% of the company’s stock.

Vicor Stock Performance

Vicor stock opened at $234.74 on Monday. The company has a market capitalization of $10.82 billion, a P/E ratio of 75.24 and a beta of 2.37. The firm’s fifty day simple moving average is $266.38 and its 200-day simple moving average is $231.70. Vicor Corporation has a 1-year low of $45.44 and a 1-year high of $382.65.

Vicor (NASDAQ:VICR) last released its quarterly earnings data on Tuesday, July 21st. The electronics maker reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.39. The business had revenue of $143.35 million during the quarter, compared to analyst estimates of $138.37 million. Vicor had a net margin of 30.65% and a return on equity of 19.83%. Vicor’s quarterly revenue was up 49.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.91 EPS. On average, equities research analysts predict that Vicor Corporation will post 3.12 earnings per share for the current year.

Analyst Ratings Changes

VICR has been the topic of several recent analyst reports. Roth Capital boosted their target price on shares of Vicor from $285.00 to $375.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Needham & Company LLC lowered their target price on Vicor from $400.00 to $320.00 and set a “buy” rating on the stock in a research note on Tuesday, July 21st. Craig Hallum upped their target price on Vicor to $450.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Wall Street Zen cut shares of Vicor from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Zacks Research downgraded shares of Vicor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 2nd. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $381.67.

Insiders Place Their Bets

In other Vicor news, CEO Patrizio Vinciarelli sold 20,000 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $279.50, for a total value of $5,590,000.00. Following the completion of the sale, the chief executive officer owned 8,628,090 shares of the company’s stock, valued at $2,411,551,155. The trade was a 0.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 312,751 shares of company stock worth $101,273,682 in the last 90 days. 28.30% of the stock is owned by company insiders.

Vicor 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.