Swiss National Bank Buys 1,100 Shares of Vicor Co. (NASDAQ:VICR)

Swiss National Bank grew its position in shares of Vicor Co. (NASDAQ:VICR) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,932 shares of the electronics maker’s stock after buying an additional 1,100 shares during the quarter. Swiss National Bank owned 0.10% of Vicor worth $2,219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of VICR. Wealthfront Advisers LLC bought a new stake in shares of Vicor during the 4th quarter valued at about $79,889,000. Net Worth Advisory Group purchased a new stake in Vicor during the fourth quarter valued at approximately $218,000. Prescott Group Capital Management L.L.C. raised its position in Vicor by 35.5% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 121,280 shares of the electronics maker’s stock worth $5,860,000 after acquiring an additional 31,774 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Vicor during the 4th quarter valued at $7,349,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Vicor in the 4th quarter worth $616,000. 47.45% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on VICR. Craig Hallum upgraded Vicor from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 14th. Needham & Company LLC reissued a “hold” rating on shares of Vicor in a report on Tuesday, February 18th. Finally, StockNews.com downgraded shares of Vicor from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th.

Vicor Stock Down 5.3 %

NASDAQ:VICR opened at $50.63 on Friday. The business’s 50-day simple moving average is $53.93 and its two-hundred day simple moving average is $49.94. Vicor Co. has a 52 week low of $30.90 and a 52 week high of $65.70. The stock has a market cap of $2.29 billion, a PE ratio of 97.37 and a beta of 1.45.

Vicor (NASDAQ:VICR) last issued its earnings results on Thursday, February 20th. The electronics maker reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.05. Vicor had a return on equity of 4.29% and a net margin of 6.46%. The company had revenue of $96.17 million for the quarter, compared to the consensus estimate of $91.03 million.

Insider Transactions at Vicor

In related news, VP Claudio Tuozzolo sold 1,898 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $64.79, for a total value of $122,971.42. Following the sale, the vice president now directly owns 33,622 shares in the company, valued at approximately $2,178,369.38. The trade was a 5.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Andrew D’amico sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were 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. Over the last quarter, insiders have sold 13,642 shares of company stock valued at $819,890. 31.00% of the stock is currently owned by corporate insiders.

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.