1 week Ago By Defense World Staff
KLP Kapitalforvaltning AS acquired a new position in Vicor Co. (NASDAQ:VICR – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,700 shares of the electronics maker’s stock, valued at approximately $227,000.
Several other institutional investors have also added to or reduced their stakes in VICR. Truist Financial Corp acquired a new position in shares of Vicor in the 4th quarter worth approximately $213,000. Net Worth Advisory Group bought a new position in Vicor during the fourth quarter worth $218,000.
Savant Capital LLC acquired a new position in Vicor in the fourth quarter valued at $223,000. Commonwealth Equity Services LLC bought a new stake in Vicor during the fourth quarter valued at $231,000. Finally, American Century Companies Inc.
grew its holdings in Vicor by 20.0% during the 4th quarter. American Century Companies Inc.
now owns 8,076 shares of the electronics maker’s stock worth $390,000 after acquiring an additional 1,344 shares during the period. 47.45% of the stock is currently owned by institutional investors.
Insiders Place Their BetsIn other Vicor news, CAO Quentin A. Fendelet sold 440 shares of Vicor stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $61.
71, for a total transaction of $27,152.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Also, 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 sale, the vice president now directly owns 34,622 shares of the company’s stock, valued at approximately $2,111,942. This trade represents a 9.
19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,642 shares of company stock worth $716,070.
Insiders own 31.00% of the company’s stock. Analyst Upgrades and DowngradesA number of research analysts have recently issued reports on the company.
StockNews.com downgraded Vicor from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Needham & Company LLC reiterated a “hold” rating on shares of Vicor in a research report on Tuesday, February 18th.
Finally, Craig Hallum upgraded shares of Vicor from a “hold” rating to a “strong-buy” rating in a report on Friday, February 14th.Read Our Latest Research Report on VicorVicor Price PerformanceShares of Vicor stock opened at $43.37 on Tuesday.
The business has a 50-day simple moving average of $52.71 and a 200 day simple moving average of $50.60.
Vicor Co. has a one year low of $30.90 and a one year high of $65.
70. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 83.
41 and a beta of 1.75. Vicor (NASDAQ:VICR – Get Free Report) last released its quarterly earnings data on Thursday, February 20th.
The electronics maker reported $0.23 EPS for the quarter, beating the consensus estimate of $0.18 by $0.
05. Vicor had a return on equity of 4.29% and a net margin of 6.
46%. The firm had revenue of $96.17 million during the quarter, compared to the consensus estimate of $91.
03 million. Vicor Company Profile (Free Report)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.
Featured StoriesFive stocks we like better than VicorShould You Add These Warren Buffett Stocks to Your Portfolio?Options Activity Points to More Volatility for Palantir StockHow Investors Can Find the Best Cheap Dividend StocksNVIDIA Stock: Oversold, Undervalued — How Low Can It Go?Learn Technical Analysis Skills to Master the Stock MarketMicroStrategy Sees Insider Buy-Sell Action in Q1.
