Vicor Co. (NASDAQ:VICR) Director Estia J. Eichten sold 5,000 shares of Vicor stock in a transaction on Tuesday, January 12th. The shares were sold at an average price of $101.00, for a total transaction of $505,000.00. Following the completion of the sale, the director now directly owns 234,329 shares of the company’s stock, valued at approximately $23,667,229. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
NASDAQ VICR opened at $99.79 on Thursday. Vicor Co. has a 1 year low of $30.42 and a 1 year high of $103.59. The firm has a market cap of $4.32 billion, a price-to-earnings ratio of 525.24 and a beta of 0.80. The company has a fifty day moving average price of $90.10 and a 200-day moving average price of $82.40.
Vicor (NASDAQ:VICR) last posted its earnings results on Thursday, October 22nd. The electronics maker reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.03. Vicor had a net margin of 3.05% and a return on equity of 3.47%. The firm had revenue of $78.10 million during the quarter, compared to analyst estimates of $74.50 million. The company’s revenue was up 10.3% on a year-over-year basis. Equities analysts forecast that Vicor Co. will post 0.25 EPS for the current fiscal year.
VICR has been the subject of several research reports. Needham & Company LLC lifted their price target on shares of Vicor from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, October 23rd. BidaskClub raised shares of Vicor from a “hold” rating to a “buy” rating in a research report on Thursday, December 17th. Finally, Zacks Investment Research downgraded shares of Vicor from a “buy” rating to a “hold” rating in a research report on Tuesday, October 27th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $84.60.
Vicor Corporation 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; and input and output voltage, and output power products, as well as electrical and mechanical accessories.
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