Vicor Co. (NASDAQ:VICR – Get Rating) has received an average rating of “Hold” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $110.00.
A number of brokerages have recently issued reports on VICR. Needham & Company LLC cut their target price on shares of Vicor from $130.00 to $100.00 and set a “buy” rating on the stock in a research note on Friday, April 22nd. Craig Hallum cut their target price on shares of Vicor from $200.00 to $130.00 in a research note on Friday, February 25th. StockNews.com upgraded shares of Vicor from a “sell” rating to a “hold” rating in a research note on Friday, May 20th. CJS Securities lowered shares of Vicor from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 23rd. Finally, TheStreet lowered shares of Vicor from a “b-” rating to a “c+” rating in a research note on Wednesday, March 23rd.
Shares of VICR stock opened at $69.48 on Wednesday. Vicor has a 12 month low of $52.71 and a 12 month high of $164.76. The firm has a market capitalization of $3.05 billion, a P/E ratio of 67.46 and a beta of 0.90. The company’s fifty day moving average price is $63.57 and its two-hundred day moving average price is $89.57.
Several institutional investors have recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings in shares of Vicor by 126.7% in the first quarter. Bank of America Corp DE now owns 42,805 shares of the electronics maker’s stock valued at $3,021,000 after acquiring an additional 23,925 shares in the last quarter. Walleye Capital LLC bought a new position in shares of Vicor in the first quarter valued at approximately $1,713,000. Rice Hall James & Associates LLC boosted its holdings in shares of Vicor by 8.8% in the first quarter. Rice Hall James & Associates LLC now owns 62,547 shares of the electronics maker’s stock valued at $4,413,000 after acquiring an additional 5,069 shares in the last quarter. Capital Research Global Investors boosted its holdings in shares of Vicor by 53.1% in the first quarter. Capital Research Global Investors now owns 1,625,517 shares of the electronics maker’s stock valued at $114,680,000 after acquiring an additional 563,884 shares in the last quarter. Finally, Capital International Investors boosted its holdings in shares of Vicor by 355.6% in the first quarter. Capital International Investors now owns 1,251,736 shares of the electronics maker’s stock valued at $88,310,000 after acquiring an additional 976,973 shares in the last quarter. Institutional investors and hedge funds own 40.41% of the company’s stock.
Vicor Company Profile (Get Rating)
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; and input and output voltage, and output power products, as well as electrical and mechanical accessories.
- Get a free copy of the StockNews.com research report on Vicor (VICR)
- Heavy Buying Points to Upside for These 3 Stocks
- 3 Intriguing Stocks With Sub-10 P/E Ratios
- Snap Inc: Revised Guidance & Steeping Losses
- Time to Buy Take-Two Interactive Stock
- 3 Software Plays Showing Signs of Recovery
Want More Great Investing Ideas?
- Bear Market Game Plan!
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 3 Stocks to DOUBLE This Year
Receive News & Ratings for Vicor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vicor and related companies with MarketBeat.com's FREE daily email newsletter.