Savant Capital LLC Purchases Shares of 4,617 Vicor Co. (NASDAQ:VICR)

Savant Capital LLC acquired a new position in shares of Vicor Co. (NASDAQ:VICR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 4,617 shares of the electronics maker’s stock, valued at approximately $223,000.

Several other institutional investors have also made changes to their positions in VICR. Eastern Bank acquired a new stake in Vicor during the third quarter valued at approximately $42,000. Point72 Asia Singapore Pte. Ltd. boosted its stake in Vicor by 146.2% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,162 shares of the electronics maker’s stock valued at $49,000 after buying an additional 690 shares in the last quarter. CWM LLC boosted its stake in Vicor by 226.6% in the 3rd quarter. CWM LLC now owns 2,283 shares of the electronics maker’s stock valued at $96,000 after buying an additional 1,584 shares in the last quarter. Invesco LLC bought a new stake in Vicor in the third quarter valued at $205,000. Finally, Intech Investment Management LLC acquired a new position in Vicor during the third quarter worth $230,000. 47.45% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Insider Activity

In other news, Director Estia J. Eichten sold 8,000 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $55.51, for a total transaction of $444,080.00. Following the transaction, the director now owns 230,267 shares of the company’s stock, valued at $12,782,121.17. This represents a 3.36 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Andrew D’amico sold 2,000 shares of Vicor stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $51.91, for a total value of $103,820.00. The disclosure for this sale can be found here. Insiders have sold 14,000 shares of company stock valued at $786,900 over the last three months. 31.00% of the stock is owned by insiders.

Vicor Stock Performance

Shares of NASDAQ:VICR opened at $50.75 on Wednesday. The business has a fifty day moving average of $50.83 and a 200-day moving average of $46.43. Vicor Co. has a twelve month low of $30.90 and a twelve month high of $62.00. The firm has a market cap of $2.29 billion, a PE ratio of 105.73 and a beta of 1.51.

Vicor Company 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.