12,756 Shares in Vicor Co. (NASDAQ:VICR) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new stake in shares of Vicor Co. (NASDAQ:VICR) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 12,756 shares of the electronics maker’s stock, valued at approximately $616,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of VICR. Harbor Capital Advisors Inc. purchased a new position in shares of Vicor during the fourth quarter valued at about $1,557,000. Barclays PLC boosted its stake in Vicor by 361.6% during the third quarter. Barclays PLC now owns 39,397 shares of the electronics maker’s stock valued at $1,658,000 after buying an additional 30,863 shares during the last quarter. Savant Capital LLC bought a new position in Vicor during the fourth quarter valued at approximately $223,000. Charles Schwab Investment Management Inc. grew its holdings in Vicor by 6.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 206,713 shares of the electronics maker’s stock valued at $8,703,000 after buying an additional 12,203 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Vicor by 6.3% in the 3rd quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker’s stock worth $24,094,000 after acquiring an additional 33,696 shares during the last quarter. 47.45% of the stock is currently owned by institutional investors.

Vicor Price Performance

Shares of NASDAQ VICR opened at $53.64 on Monday. Vicor Co. has a 1-year low of $30.90 and a 1-year high of $65.70. The business’s 50 day moving average is $53.48 and its two-hundred day moving average is $49.63. The stock has a market capitalization of $2.42 billion, a P/E ratio of 103.16 and a beta of 1.45.

Vicor (NASDAQ:VICR) last announced its earnings results on Thursday, February 20th. The electronics maker reported $0.23 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $91.03 million.

Insiders Place Their Bets

In related news, Director Andrew D’amico sold 2,000 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $51.91, for a total value of $103,820.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Claudio Tuozzolo sold 3,504 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $61.00, for a total value of $213,744.00. Following the transaction, the vice president now owns 34,622 shares of the company’s stock, valued at $2,111,942. This trade represents a 9.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,642 shares of company stock valued at $819,890 over the last three months. 31.00% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Craig Hallum upgraded Vicor from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 14th. StockNews.com lowered shares of Vicor from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Vicor in a research note on Tuesday, February 18th.

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.