Charles Schwab Investment Management Inc. Has $10.26 Million Stock Holdings in Vicor Co. (NASDAQ:VICR)

Charles Schwab Investment Management Inc. lifted its stake in shares of Vicor Co. (NASDAQ:VICR) by 2.7% during the fourth quarter, Holdings Channel reports. The firm owned 212,372 shares of the electronics maker’s stock after purchasing an additional 5,659 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Vicor were worth $10,262,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VICR. JPMorgan Chase & Co. raised its position in shares of Vicor by 60.6% during the third quarter. JPMorgan Chase & Co. now owns 3,275,237 shares of the electronics maker’s stock worth $137,887,000 after purchasing an additional 1,236,264 shares during the period. Geode Capital Management LLC raised its position in shares of Vicor by 6.3% during the third quarter. Geode Capital Management LLC now owns 572,195 shares of the electronics maker’s stock worth $24,094,000 after purchasing an additional 33,696 shares during the period. Harbor Capital Advisors Inc. acquired a new stake in shares of Vicor during the fourth quarter worth $1,557,000. Barclays PLC grew its holdings in shares of 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 in the last quarter. Finally, Needham Investment Management LLC grew its holdings in shares of Vicor by 2.4% during the third quarter. Needham Investment Management LLC now owns 906,439 shares of the electronics maker’s stock valued at $38,161,000 after buying an additional 21,439 shares in the last quarter. 47.45% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently weighed in on VICR. StockNews.com downgraded Vicor from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. Craig Hallum upgraded Vicor from a “hold” rating to a “strong-buy” rating in a report on Friday, February 14th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Vicor in a report on Tuesday, February 18th.

Insider Buying and Selling at Vicor

In other Vicor news, VP Claudio Tuozzolo sold 1,898 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $64.79, for a total value of $122,971.42. Following the transaction, the vice president now owns 33,622 shares in the company, valued at $2,178,369.38. The trade was a 5.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Andrew D’amico sold 2,000 shares of the company’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $51.91, for a total value of $103,820.00. The disclosure for this sale can be found here. Insiders have sold 13,642 shares of company stock worth $819,890 over the last 90 days. 31.00% of the stock is currently owned by corporate insiders.

Vicor Price Performance

Shares of NASDAQ VICR opened at $53.64 on Friday. The business’s 50-day moving average price is $53.48 and its two-hundred day moving average price is $49.53. Vicor Co. has a one year low of $30.90 and a one year high of $65.70. The company 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 issued its earnings results on Thursday, February 20th. The electronics maker reported $0.23 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $91.03 million.

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.