Vicor Co. (NASDAQ:VICR) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC boosted its position in Vicor Co. (NASDAQ:VICR) by 200.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,436 shares of the electronics maker’s stock after purchasing an additional 6,968 shares during the quarter. SG Americas Securities LLC’s holdings in Vicor were worth $439,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its stake in Vicor by 32.2% in the 1st quarter. BNP Paribas Financial Markets now owns 93,612 shares of the electronics maker’s stock valued at $3,580,000 after purchasing an additional 22,797 shares during the last quarter. Kennedy Capital Management LLC grew its holdings in Vicor by 178.7% in the 1st quarter. Kennedy Capital Management LLC now owns 180,862 shares of the electronics maker’s stock valued at $6,916,000 after buying an additional 115,966 shares during the period. Susquehanna Fundamental Investments LLC purchased a new stake in Vicor in the 1st quarter valued at about $264,000. Millennium Management LLC purchased a new stake in Vicor in the 2nd quarter valued at about $5,019,000. Finally, Bruce & Co. Inc. grew its holdings in Vicor by 55.6% in the 2nd quarter. Bruce & Co. Inc. now owns 70,000 shares of the electronics maker’s stock valued at $2,321,000 after buying an additional 25,000 shares during the period. Institutional investors and hedge funds own 47.45% of the company’s stock.

Vicor Stock Performance

Shares of NASDAQ:VICR opened at $40.23 on Thursday. Vicor Co. has a 1 year low of $30.90 and a 1 year high of $56.65. The stock has a market capitalization of $1.79 billion, a P/E ratio of 40.23 and a beta of 1.51. The stock has a 50-day simple moving average of $38.46 and a 200-day simple moving average of $36.31.

Vicor (NASDAQ:VICR) last issued its earnings results on Tuesday, July 23rd. The electronics maker reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.12). Vicor had a return on equity of 4.98% and a net margin of 7.20%. The firm had revenue of $85.90 million for the quarter, compared to analysts’ expectations of $81.77 million. During the same quarter in the previous year, the firm posted $0.38 EPS. The firm’s revenue for the quarter was down 19.5% compared to the same quarter last year.

Insider Transactions at Vicor

In other Vicor news, VP Philip D. Davies sold 23,494 shares of the stock in a transaction that occurred on Wednesday, August 14th. The shares were sold at an average price of $35.83, for a total value of $841,790.02. Following the completion of the sale, the vice president now owns 15,763 shares of the company’s stock, valued at $564,788.29. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 31.30% of the company’s stock.

Analyst Ratings Changes

Separately, Needham & Company LLC restated a “hold” rating on shares of Vicor in a report on Wednesday, July 24th.

Vicor 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.