Los Angeles Capital Management LLC Has $1.26 Million Holdings in Vicor Co. (NASDAQ:VICR)

Los Angeles Capital Management LLC grew its position in Vicor Co. (NASDAQ:VICR) by 71.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,936 shares of the electronics maker’s stock after purchasing an additional 11,666 shares during the quarter. Los Angeles Capital Management LLC owned about 0.06% of Vicor worth $1,255,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Fisher Asset Management LLC grew its holdings in Vicor by 5.0% in the 4th quarter. Fisher Asset Management LLC now owns 124,308 shares of the electronics maker’s stock valued at $5,586,000 after buying an additional 5,954 shares in the last quarter. LGT Group Foundation increased its position in Vicor by 17.3% during the fourth quarter. LGT Group Foundation now owns 79,646 shares of the electronics maker’s stock worth $3,677,000 after acquiring an additional 11,736 shares during the period. Truist Financial Corp raised its stake in Vicor by 35.7% in the 4th quarter. Truist Financial Corp now owns 5,000 shares of the electronics maker’s stock worth $225,000 after purchasing an additional 1,315 shares in the last quarter. Yousif Capital Management LLC boosted its holdings in Vicor by 8.7% in the 4th quarter. Yousif Capital Management LLC now owns 11,280 shares of the electronics maker’s stock valued at $507,000 after purchasing an additional 900 shares during the period. Finally, Duality Advisers LP grew its position in shares of Vicor by 24.2% during the 4th quarter. Duality Advisers LP now owns 21,234 shares of the electronics maker’s stock worth $954,000 after purchasing an additional 4,142 shares in the last quarter. Institutional investors own 47.45% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on VICR shares. Needham & Company LLC reiterated a “hold” rating on shares of Vicor in a research note on Wednesday, April 24th. Craig Hallum reduced their target price on Vicor from $40.00 to $35.00 and set a “hold” rating on the stock in a report on Wednesday, April 24th. Finally, StockNews.com downgraded Vicor from a “hold” rating to a “sell” rating in a research note on Wednesday.

Vicor Price Performance

NASDAQ VICR opened at $33.21 on Thursday. The business has a fifty day moving average price of $35.98 and a two-hundred day moving average price of $38.77. The stock has a market capitalization of $1.48 billion, a PE ratio of 33.21 and a beta of 1.53. Vicor Co. has a fifty-two week low of $30.90 and a fifty-two week high of $98.38.

Vicor (NASDAQ:VICR) last announced its quarterly earnings data on Tuesday, April 23rd. The electronics maker reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.04). The business had revenue of $83.80 million for the quarter, compared to the consensus estimate of $84.83 million. Vicor had a return on equity of 8.55% and a net margin of 11.49%. Vicor’s quarterly revenue was down 14.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.25 earnings per share.

Insider Transactions at Vicor

In related news, VP Kemble D. Morrison sold 2,659 shares of the business’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $37.00, for a total transaction of $98,383.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other Vicor news, VP Kemble D. Morrison sold 2,659 shares of the company’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $37.00, for a total value of $98,383.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Nancy L. Grava sold 1,277 shares of the company’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $33.91, for a total transaction of $43,303.07. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,276 shares of company stock worth $228,293. Corporate insiders own 31.30% of the company’s stock.

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.