Bouvel Investment Partners LLC Grows Stock Holdings in Vicor Co. (NASDAQ:VICR)

Bouvel Investment Partners LLC grew its holdings in shares of Vicor Co. (NASDAQ:VICR) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 24,790 shares of the electronics maker’s stock after purchasing an additional 243 shares during the quarter. Bouvel Investment Partners LLC’s holdings in Vicor were worth $1,198,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in VICR. GAMMA Investing LLC increased its stake in shares of Vicor by 202.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,001 shares of the electronics maker’s stock valued at $42,000 after acquiring an additional 670 shares during the last quarter. Eastern Bank purchased a new position in Vicor in the third quarter valued at approximately $42,000. Point72 Asia Singapore Pte. Ltd. lifted its position in Vicor by 146.2% during 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 in the last quarter. Point72 DIFC Ltd increased its position in shares of Vicor by 66.7% in the second quarter. Point72 DIFC Ltd now owns 2,191 shares of the electronics maker’s stock worth $73,000 after acquiring an additional 877 shares in the last quarter. Finally, CWM LLC lifted its holdings in shares of Vicor by 226.6% during the 3rd quarter. CWM LLC now owns 2,283 shares of the electronics maker’s stock valued at $96,000 after acquiring an additional 1,584 shares in the last quarter. Hedge funds and other institutional investors own 47.45% of the company’s stock.

Vicor Price Performance

Shares of VICR stock opened at $48.38 on Friday. Vicor Co. has a 12 month low of $30.90 and a 12 month high of $61.05. The firm has a market capitalization of $2.18 billion, a P/E ratio of 100.79 and a beta of 1.50. The company’s fifty day moving average price is $52.68 and its two-hundred day moving average price is $44.04.

Vicor (NASDAQ:VICR) last released its quarterly earnings results on Tuesday, October 22nd. The electronics maker reported $0.26 earnings per share for the quarter, topping 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 business had revenue of $93.17 million during the quarter, compared to the consensus estimate of $85.23 million. During the same quarter last year, the company earned $0.37 earnings per share. The business’s quarterly revenue was down 13.6% compared to the same quarter last year.

Analysts Set New Price Targets

Several brokerages recently issued reports on VICR. Craig Hallum increased their price target on Vicor from $35.00 to $43.00 and gave the company a “hold” rating in a report on Wednesday, October 23rd. Needham & Company LLC reiterated a “hold” rating on shares of Vicor in a report on Wednesday, October 23rd.

Insider Transactions at Vicor

In other news, Director Estia J. Eichten sold 8,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $55.51, for a total value of $444,080.00. Following the transaction, the director now directly owns 230,267 shares in the company, valued at approximately $12,782,121.17. This trade represents a 3.36 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Alex Gusinov sold 856 shares of Vicor stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $59.01, for a total transaction of $50,512.56. Following the completion of the transaction, the vice president now directly owns 16,018 shares of the company’s stock, valued at $945,222.18. This trade represents a 5.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 10,856 shares of company stock valued at $598,413. 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.