Vicor Co. (NASDAQ:VICR) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lowered its holdings in shares of Vicor Co. (NASDAQ:VICR) by 1.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,811 shares of the electronics maker’s stock after selling 251 shares during the period. Thrivent Financial for Lutherans’ holdings in Vicor were worth $861,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Bouvel Investment Partners LLC raised its holdings in Vicor by 1.0% during the fourth quarter. Bouvel Investment Partners LLC now owns 24,790 shares of the electronics maker’s stock worth $1,198,000 after purchasing an additional 243 shares in the last quarter. Simon Quick Advisors LLC increased its position in shares of Vicor by 4.1% during the 4th quarter. Simon Quick Advisors LLC now owns 8,175 shares of the electronics maker’s stock valued at $395,000 after purchasing an additional 324 shares during the period. New York State Common Retirement Fund raised its stake in shares of Vicor by 0.3% in the 4th quarter. New York State Common Retirement Fund now owns 213,456 shares of the electronics maker’s stock worth $10,314,000 after buying an additional 600 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of Vicor by 146.2% in the third 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 during the period. Finally, Swiss National Bank boosted its stake in Vicor by 2.5% during the fourth quarter. Swiss National Bank now owns 45,932 shares of the electronics maker’s stock valued at $2,219,000 after buying an additional 1,100 shares in the last quarter. Institutional investors and hedge funds own 47.45% of the company’s stock.

Analyst Upgrades and Downgrades

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

Vicor Stock Performance

Vicor stock opened at $47.02 on Wednesday. The firm’s 50 day moving average price is $53.58 and its two-hundred day moving average price is $50.38. The firm has a market cap of $2.12 billion, a PE ratio of 90.42 and a beta of 1.45. Vicor Co. has a twelve month low of $30.90 and a twelve month high of $65.70.

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

Insider Buying and Selling

In other news, VP Claudio Tuozzolo sold 3,504 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $61.00, for a total value of $213,744.00. Following the completion of the transaction, the vice president now directly owns 34,622 shares of the company’s stock, valued at approximately $2,111,942. This represents a 9.19 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andrew D’amico sold 2,000 shares of Vicor stock in a transaction 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. Insiders have sold 13,642 shares of company stock worth $819,890 in the last quarter. 31.00% of the stock is currently owned by company insiders.

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.