Blair William & Co. IL Sells 1,520 Shares of Vicor Co. (NASDAQ:VICR)

Blair William & Co. IL cut its holdings in shares of Vicor Co. (NASDAQ:VICR) by 25.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,360 shares of the electronics maker’s stock after selling 1,520 shares during the quarter. Blair William & Co. IL’s holdings in Vicor were worth $211,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VICR. JPMorgan Chase & Co. boosted its position in Vicor by 17.5% during the fourth quarter. JPMorgan Chase & Co. now owns 3,847,330 shares of the electronics maker’s stock valued at $185,903,000 after purchasing an additional 572,093 shares during the last quarter. WINTON GROUP Ltd bought a new stake in shares of Vicor during the 4th quarter worth approximately $1,014,000. Vanguard Group Inc. boosted its holdings in shares of Vicor by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 2,529,448 shares of the electronics maker’s stock valued at $122,223,000 after buying an additional 18,893 shares during the last quarter. LPL Financial LLC grew its stake in shares of Vicor by 56.8% in the fourth quarter. LPL Financial LLC now owns 9,849 shares of the electronics maker’s stock valued at $476,000 after buying an additional 3,569 shares in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in Vicor during the fourth quarter worth $227,000. 47.45% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on VICR. StockNews.com downgraded shares of Vicor from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Craig Hallum raised Vicor from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 14th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Vicor in a research report on Tuesday, February 18th.

Vicor Price Performance

NASDAQ:VICR opened at $42.09 on Friday. The firm’s fifty day moving average price is $52.78 and its two-hundred day moving average price is $50.46. The company has a market cap of $1.90 billion, a P/E ratio of 80.94 and a beta of 1.45. Vicor Co. has a one year low of $30.90 and a one year high of $65.70.

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

Insider Buying and Selling

In other news, Director Andrew D’amico sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $59.75, for a total transaction of $239,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Quentin A. Fendelet sold 440 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $61.71, for a total value of $27,152.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,642 shares of company stock valued at $819,890. Insiders own 31.00% of the company’s stock.

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.