Barclays PLC Has $1.66 Million Holdings in Vicor Co. (NASDAQ:VICR)

Barclays PLC lifted its stake in shares of Vicor Co. (NASDAQ:VICR) by 361.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 39,397 shares of the electronics maker’s stock after acquiring an additional 30,863 shares during the quarter. Barclays PLC owned about 0.09% of Vicor worth $1,658,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Needham Investment Management LLC boosted its position in Vicor by 2.4% during the third quarter. Needham Investment Management LLC now owns 906,439 shares of the electronics maker’s stock worth $38,161,000 after purchasing an additional 21,439 shares during the period. State Street Corp raised its position in shares of Vicor by 2.1% in the third quarter. State Street Corp now owns 852,932 shares of the electronics maker’s stock valued at $35,908,000 after purchasing an additional 17,668 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Vicor by 14.0% in the second quarter. Dimensional Fund Advisors LP now owns 543,153 shares of the electronics maker’s stock worth $18,012,000 after buying an additional 66,775 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Vicor by 6.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 206,713 shares of the electronics maker’s stock worth $8,703,000 after buying an additional 12,203 shares during the period. Finally, Herald Investment Management Ltd grew its stake in Vicor by 11.1% in the 2nd quarter. Herald Investment Management Ltd now owns 200,000 shares of the electronics maker’s stock valued at $6,616,000 after buying an additional 20,000 shares during the last quarter. Institutional investors and hedge funds own 47.45% of the company’s stock.

Insider Activity at Vicor

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

Vicor Trading Down 3.7 %

VICR opened at $49.88 on Friday. The business has a 50 day moving average of $52.54 and a 200-day moving average of $42.58. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 103.92 and a beta of 1.49. Vicor Co. has a 1-year low of $30.90 and a 1-year high of $61.05.

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Craig Hallum boosted their target price on shares of Vicor from $35.00 to $43.00 and gave the stock a “hold” rating in a research report on Wednesday, October 23rd. Needham & Company LLC reissued a “hold” rating on shares of Vicor in a research report on Wednesday, October 23rd.

About Vicor

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.