Vicor Co. (NASDAQ:VICR – Get Free Report) VP Alvaro Doyle sold 427 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $33.10, for a total value of $14,133.70. Following the completion of the sale, the vice president now directly owns 42 shares in the company, valued at approximately $1,390.20. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Vicor Stock Down 1.2 %
Shares of NASDAQ:VICR opened at $32.97 on Friday. The firm has a market cap of $1.47 billion, a P/E ratio of 32.97 and a beta of 1.53. Vicor Co. has a 12 month low of $30.90 and a 12 month high of $98.38. The company’s 50-day moving average price is $35.81 and its two-hundred day moving average price is $38.59.
Vicor (NASDAQ:VICR – Get Free Report) last announced its earnings results on Tuesday, April 23rd. The electronics maker reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.04). The company had revenue of $83.80 million for the quarter, compared to analyst estimates of $84.83 million. Vicor had a return on equity of 8.55% and a net margin of 11.49%. Vicor’s revenue for the quarter was down 14.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.25 earnings per share.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
Several brokerages recently commented on VICR. Craig Hallum decreased their price target on Vicor from $40.00 to $35.00 and set a “hold” rating on the stock in a research note on Wednesday, April 24th. Needham & Company LLC reaffirmed a “hold” rating on shares of Vicor in a research note on Wednesday, April 24th. Finally, StockNews.com lowered Vicor from a “hold” rating to a “sell” rating in a research note on Wednesday.
View Our Latest Stock Analysis on Vicor
About Vicor
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.
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