Vicor Co. (NASDAQ:VICR) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP lessened its holdings in shares of Vicor Co. (NASDAQ:VICR) by 59.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 27,736 shares of the electronics maker’s stock after selling 39,872 shares during the period. GSA Capital Partners LLP’s holdings in Vicor were worth $1,168,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in VICR. State Board of Administration of Florida Retirement System raised its holdings in Vicor by 27.7% during the first quarter. State Board of Administration of Florida Retirement System now owns 8,161 shares of the electronics maker’s stock worth $312,000 after purchasing an additional 1,770 shares in the last quarter. Vanguard Group Inc. raised its stake in Vicor by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 2,495,769 shares of the electronics maker’s stock worth $95,438,000 after acquiring an additional 18,331 shares in the last quarter. Ontario Teachers Pension Plan Board grew its holdings in shares of Vicor by 25.2% during the first quarter. Ontario Teachers Pension Plan Board now owns 33,968 shares of the electronics maker’s stock worth $1,299,000 after purchasing an additional 6,834 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its position in shares of Vicor by 7.9% during the first quarter. CANADA LIFE ASSURANCE Co now owns 18,941 shares of the electronics maker’s stock worth $723,000 after purchasing an additional 1,392 shares in the last quarter. Finally, LGT Group Foundation increased its position in shares of Vicor by 5.0% during the first quarter. LGT Group Foundation now owns 83,668 shares of the electronics maker’s stock worth $3,199,000 after purchasing an additional 4,022 shares in the last quarter. Hedge funds and other institutional investors own 47.45% of the company’s stock.

Insider Transactions at Vicor

In other news, VP Alex Gusinov sold 856 shares of the business’s 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 transaction, the vice president now directly owns 16,018 shares in the company, valued at $945,222.18. The trade was a 5.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 31.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on VICR. Needham & Company LLC restated a “hold” rating on shares of Vicor in a research note on Wednesday, October 23rd. Craig Hallum raised their target price on shares of Vicor from $35.00 to $43.00 and gave the stock a “hold” rating in a research report on Wednesday, October 23rd.

Vicor Stock Performance

NASDAQ VICR opened at $52.79 on Friday. Vicor Co. has a one year low of $30.90 and a one year high of $61.05. The firm has a market cap of $2.38 billion, a PE ratio of 109.98 and a beta of 1.48. The firm’s fifty day moving average is $43.33 and its two-hundred day moving average is $38.26.

Vicor (NASDAQ:VICR) last posted 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. Vicor had a return on equity of 4.00% and a net margin of 6.08%. The firm had revenue of $93.17 million during the quarter, compared to the consensus estimate of $85.23 million. During the same period in the prior year, the business earned $0.37 EPS. The firm’s revenue was down 13.6% compared to the same quarter last year.

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.