Headlands Technologies LLC Grows Position in Vicor Co. (NASDAQ:VICR)

Headlands Technologies LLC increased its stake in shares of Vicor Co. (NASDAQ:VICR) by 98.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,147 shares of the electronics maker’s stock after acquiring an additional 570 shares during the quarter. Headlands Technologies LLC’s holdings in Vicor were worth $38,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. GSA Capital Partners LLP lifted its holdings in shares of Vicor by 130.9% in the 4th quarter. GSA Capital Partners LLP now owns 52,775 shares of the electronics maker’s stock valued at $2,372,000 after acquiring an additional 29,921 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Vicor by 32.2% in the 1st quarter. BNP Paribas Financial Markets now owns 93,612 shares of the electronics maker’s stock valued at $3,580,000 after purchasing an additional 22,797 shares during the last quarter. Ontario Teachers Pension Plan Board purchased a new position in shares of Vicor in the 4th quarter worth approximately $1,219,000. Kennedy Capital Management LLC increased its position in shares of Vicor by 178.7% during the 1st quarter. Kennedy Capital Management LLC now owns 180,862 shares of the electronics maker’s stock valued at $6,916,000 after purchasing an additional 115,966 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in Vicor during the 1st quarter valued at $264,000. 47.45% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Vicor

In related news, VP Philip D. Davies sold 23,494 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $35.83, for a total value of $841,790.02. Following the completion of the sale, the vice president now owns 15,763 shares in the company, valued at $564,788.29. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 31.30% of the company’s stock.

Wall Street Analysts Forecast Growth

VICR has been the subject of several recent analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Vicor in a research note on Wednesday, July 24th. StockNews.com upgraded shares of Vicor from a “sell” rating to a “hold” rating in a report on Friday, May 24th.

Vicor Stock Up 0.4 %

VICR opened at $36.89 on Wednesday. The business has a fifty day moving average of $37.36 and a 200 day moving average of $35.82. The stock has a market cap of $1.64 billion, a P/E ratio of 36.89 and a beta of 1.50. Vicor Co. has a 52-week low of $30.90 and a 52-week high of $60.43.

Vicor (NASDAQ:VICR) last posted its quarterly earnings results on Tuesday, July 23rd. The electronics maker reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.12). Vicor had a return on equity of 4.98% and a net margin of 7.20%. The company had revenue of $85.90 million during the quarter, compared to the consensus estimate of $81.77 million. During the same quarter in the previous year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was down 19.5% on a year-over-year basis.

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.