Andrew D’amico Sells 4,000 Shares of Vicor Co. (NASDAQ:VICR) Stock

Vicor Co. (NASDAQ:VICR) Director Andrew D’amico sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $59.75, for a total value of $239,000.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Andrew D’amico also recently made the following trade(s):

• On Monday, January 6th, Andrew D’amico sold 2,000 shares of Vicor stock. The stock was sold at an average price of $51.91, for a total value of $103,820.00.

Vicor Trading Down 0.6 %

Shares of NASDAQ VICR opened at $57.30 on Friday. The business has a fifty day simple moving average of $52.58 and a 200 day simple moving average of $44.99. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 119.38 and a beta of 1.50. Vicor Co. has a one year low of $30.90 and a one year high of $62.00.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VICR. JPMorgan Chase & Co. raised its stake in shares of Vicor by 60.6% in the third quarter. JPMorgan Chase & Co. now owns 3,275,237 shares of the electronics maker’s stock valued at $137,887,000 after purchasing an additional 1,236,264 shares in the last quarter. Millennium Management LLC acquired a new position in shares of Vicor in the second quarter valued at $5,019,000. Dimensional Fund Advisors LP raised its stake in shares of Vicor by 14.0% in the second quarter. Dimensional Fund Advisors LP now owns 543,153 shares of the electronics maker’s stock valued at $18,012,000 after purchasing an additional 66,775 shares in the last quarter. Geode Capital Management LLC raised 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 worth $24,094,000 after acquiring an additional 33,696 shares in the last quarter. Finally, Harbor Capital Advisors Inc. acquired a new position in Vicor during the fourth quarter worth $1,557,000. 47.45% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

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.