American Century Companies Inc. Purchases 1,344 Shares of Vicor Co. (NASDAQ:VICR)

American Century Companies Inc. raised its position in shares of Vicor Co. (NASDAQ:VICR) by 20.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,076 shares of the electronics maker’s stock after purchasing an additional 1,344 shares during the period. American Century Companies Inc.’s holdings in Vicor were worth $390,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of VICR. Truist Financial Corp purchased a new position in Vicor during the 4th quarter valued at about $213,000. Net Worth Advisory Group purchased a new position in shares of Vicor during the fourth quarter valued at approximately $218,000. Savant Capital LLC bought a new stake in shares of Vicor in the 4th quarter worth approximately $223,000. Commonwealth Equity Services LLC purchased a new stake in shares of Vicor in the 4th quarter worth approximately $231,000. Finally, Verition Fund Management LLC bought a new position in Vicor during the 3rd quarter valued at approximately $369,000. Institutional investors own 47.45% of the company’s stock.

Insider Buying and Selling at Vicor

In other Vicor news, VP Claudio Tuozzolo sold 1,898 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $64.79, for a total transaction of $122,971.42. Following the completion of the sale, the vice president now directly owns 33,622 shares of the company’s stock, valued at approximately $2,178,369.38. This represents a 5.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andrew D’amico sold 4,000 shares of Vicor stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of $59.75, for a total transaction of $239,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,642 shares of company stock worth $716,070. Insiders own 31.00% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Vicor Stock Performance

Shares of NASDAQ:VICR opened at $46.83 on Friday. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 90.06 and a beta of 1.75. The business has a 50-day simple moving average of $52.33 and a two-hundred day simple moving average of $50.77. Vicor Co. has a fifty-two week low of $30.90 and a fifty-two week high of $65.70.

Vicor (NASDAQ:VICR) last released its quarterly earnings data on Thursday, February 20th. The electronics maker reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.05. Vicor had a net margin of 6.46% and a return on equity of 4.29%. The firm had revenue of $96.17 million during the quarter, compared to analysts’ expectations 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.