5,465 Shares in Vicor Co. (NASDAQ:VICR) Acquired by Intech Investment Management LLC

Intech Investment Management LLC purchased a new position in shares of Vicor Co. (NASDAQ:VICR) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 5,465 shares of the electronics maker’s stock, valued at approximately $230,000.

A number of other large investors also recently modified their holdings of VICR. Headlands Technologies LLC increased its holdings in Vicor by 98.8% in the second quarter. Headlands Technologies LLC now owns 1,147 shares of the electronics maker’s stock valued at $38,000 after buying an additional 570 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Vicor by 202.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,001 shares of the electronics maker’s stock worth $42,000 after buying an additional 670 shares during the last quarter. Eastern Bank acquired a new position in shares of Vicor during the 3rd quarter worth about $42,000. Point72 DIFC Ltd increased its holdings in shares of Vicor by 66.7% in the 2nd quarter. Point72 DIFC Ltd now owns 2,191 shares of the electronics maker’s stock valued at $73,000 after acquiring an additional 877 shares during the last quarter. Finally, CWM LLC raised its position in shares of Vicor by 226.6% during the 3rd quarter. CWM LLC now owns 2,283 shares of the electronics maker’s stock worth $96,000 after acquiring an additional 1,584 shares in the last quarter. 47.45% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Estia J. Eichten sold 8,000 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $55.51, for a total value of $444,080.00. Following the completion of the transaction, the director now owns 230,267 shares of the company’s stock, valued at $12,782,121.17. The trade was a 3.36 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Alex Gusinov sold 856 shares of Vicor stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $59.01, for a total value of $50,512.56. Following the completion of the sale, the vice president now owns 16,018 shares of the company’s stock, valued at $945,222.18. This trade represents a 5.07 % decrease in their position. The disclosure for this sale can be found here. Insiders own 31.00% of the company’s stock.

Wall Street Analyst Weigh In

VICR has been the topic of several recent analyst reports. Craig Hallum increased their price target on shares of Vicor from $35.00 to $43.00 and gave the company a “hold” rating in a research note on Wednesday, October 23rd. Needham & Company LLC restated a “hold” rating on shares of Vicor in a report on Wednesday, October 23rd.

Vicor Stock Performance

NASDAQ:VICR opened at $56.80 on Friday. Vicor Co. has a 1 year low of $30.90 and a 1 year high of $61.05. The stock has a fifty day moving average price of $48.97 and a two-hundred day moving average price of $40.59. The stock has a market capitalization of $2.56 billion, a price-to-earnings ratio of 118.34 and a beta of 1.49.

Vicor (NASDAQ:VICR) last issued its quarterly earnings data on Tuesday, October 22nd. The electronics maker reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.13. The firm had revenue of $93.17 million during the quarter, compared to analysts’ expectations of $85.23 million. Vicor had a return on equity of 4.00% and a net margin of 6.08%. Vicor’s revenue was down 13.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.37 earnings per share.

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.