Vicor Co. (NASDAQ:VICR) Shares Acquired by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D grew its stake in Vicor Co. (NASDAQ:VICRGet Rating) by 53.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,218 shares of the electronics maker’s stock after purchasing an additional 9,531 shares during the quarter. State of New Jersey Common Pension Fund D owned approximately 0.06% of Vicor worth $1,920,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Dorsey & Whitney Trust CO LLC grew its position in shares of Vicor by 14.9% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,918 shares of the electronics maker’s stock valued at $244,000 after buying an additional 249 shares during the last quarter. Jag Capital Management LLC grew its position in shares of Vicor by 7.2% during the 4th quarter. Jag Capital Management LLC now owns 3,965 shares of the electronics maker’s stock valued at $503,000 after buying an additional 267 shares during the last quarter. Harbor Investment Advisory LLC grew its position in shares of Vicor by 0.6% during the 1st quarter. Harbor Investment Advisory LLC now owns 46,600 shares of the electronics maker’s stock valued at $3,288,000 after buying an additional 300 shares during the last quarter. Ironwood Investment Management LLC grew its position in shares of Vicor by 0.9% during the 4th quarter. Ironwood Investment Management LLC now owns 35,582 shares of the electronics maker’s stock valued at $4,518,000 after buying an additional 312 shares during the last quarter. Finally, Mutual of America Capital Management LLC grew its position in shares of Vicor by 2.0% during the 1st quarter. Mutual of America Capital Management LLC now owns 19,567 shares of the electronics maker’s stock valued at $1,380,000 after buying an additional 391 shares during the last quarter. Institutional investors and hedge funds own 40.41% of the company’s stock.

Insider Activity

In other news, Director Estia J. Eichten sold 11,938 shares of the stock in a transaction that occurred on Wednesday, July 27th. The shares were sold at an average price of $70.74, for a total value of $844,494.12. Following the completion of the transaction, the director now directly owns 228,329 shares in the company, valued at $16,151,993.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Estia J. Eichten sold 11,938 shares of the stock in a transaction that occurred on Wednesday, July 27th. The shares were sold at an average price of $70.74, for a total value of $844,494.12. Following the completion of the transaction, the director now directly owns 228,329 shares in the company, valued at $16,151,993.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Estia J. Eichten sold 5,000 shares of the stock in a transaction that occurred on Monday, July 25th. The shares were sold at an average price of $65.00, for a total transaction of $325,000.00. Following the completion of the transaction, the director now owns 230,329 shares of the company’s stock, valued at $14,971,385. The disclosure for this sale can be found here. Insiders own 33.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on VICR shares. StockNews.com raised shares of Vicor from a “sell” rating to a “hold” rating in a research report on Friday, July 15th. Needham & Company LLC decreased their target price on shares of Vicor from $90.00 to $75.00 and set a “buy” rating for the company in a research report on Friday, July 22nd. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $102.50.

Vicor Trading Up 2.6 %

NASDAQ VICR opened at $76.56 on Friday. Vicor Co. has a 52 week low of $50.22 and a 52 week high of $164.76. The stock has a market cap of $3.36 billion, a price-to-earnings ratio of 91.14 and a beta of 1.11. The company has a 50-day moving average price of $61.21 and a two-hundred day moving average price of $70.29.

Vicor (NASDAQ:VICRGet Rating) last posted its quarterly earnings data on Thursday, July 21st. The electronics maker reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.14. Vicor had a net margin of 10.32% and a return on equity of 8.81%.

Vicor Company Profile

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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.

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Institutional Ownership by Quarter for Vicor (NASDAQ:VICR)

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