Simon Quick Advisors LLC Acquires 324 Shares of Vicor Co. (NASDAQ:VICR)

Simon Quick Advisors LLC lifted its stake in Vicor Co. (NASDAQ:VICR) by 4.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,175 shares of the electronics maker’s stock after acquiring an additional 324 shares during the period. Simon Quick Advisors LLC’s holdings in Vicor were worth $395,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Harbor Capital Advisors Inc. purchased a new stake in Vicor in the 4th quarter worth approximately $1,557,000. Barclays PLC raised its position in shares of Vicor by 361.6% in the third quarter. Barclays PLC now owns 39,397 shares of the electronics maker’s stock worth $1,658,000 after buying an additional 30,863 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Vicor by 6.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 206,713 shares of the electronics maker’s stock valued at $8,703,000 after buying an additional 12,203 shares during the period. Geode Capital Management LLC boosted its stake in Vicor by 6.3% during the third quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker’s stock valued at $24,094,000 after buying an additional 33,696 shares during the period. Finally, Millennium Management LLC purchased a new position in Vicor during the second quarter worth about $5,019,000. 47.45% of the stock is owned by institutional investors.

Vicor Stock Down 4.9 %

NASDAQ VICR opened at $57.65 on Friday. The stock’s 50-day simple moving average is $52.38 and its two-hundred day simple moving average is $44.73. Vicor Co. has a twelve month low of $30.90 and a twelve month high of $62.00. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 120.11 and a beta of 1.50.

Vicor (NASDAQ:VICR) last announced its quarterly earnings data on Tuesday, October 22nd. The electronics maker reported $0.26 EPS for the quarter, beating the consensus estimate of $0.13 by $0.13. The firm had revenue of $93.17 million for the quarter, compared to analyst estimates of $85.23 million. Vicor had a return on equity of 4.00% and a net margin of 6.08%. The company’s revenue was down 13.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.37 EPS.

Insider Buying and Selling at Vicor

In other Vicor news, Director Andrew D’amico sold 4,000 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $59.75, for a total transaction of $239,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Alex Gusinov sold 856 shares of Vicor stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $59.01, for a total value of $50,512.56. Following the completion of the transaction, the vice president now owns 16,018 shares in the company, valued at approximately $945,222.18. This represents a 5.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,856 shares of company stock worth $837,413 over the last ninety days. Insiders own 31.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Craig Hallum lifted their price target on Vicor from $35.00 to $43.00 and gave the company a “hold” rating in a research report on Wednesday, October 23rd. Needham & Company LLC reiterated a “hold” rating on shares of Vicor in a research report on Wednesday, October 23rd.

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.