Duality Advisers LP Has $954,000 Position in Vicor Co. (NASDAQ:VICR)

Duality Advisers LP increased its position in shares of Vicor Co. (NASDAQ:VICR) by 24.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,234 shares of the electronics maker’s stock after buying an additional 4,142 shares during the quarter. Duality Advisers LP’s holdings in Vicor were worth $954,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VICR. Byrne Asset Management LLC acquired a new stake in shares of Vicor during the 4th quarter worth approximately $35,000. Acadian Asset Management LLC boosted its stake in Vicor by 30.0% during the third quarter. Acadian Asset Management LLC now owns 3,056 shares of the electronics maker’s stock worth $178,000 after buying an additional 706 shares in the last quarter. Federated Hermes Inc. increased its holdings in Vicor by 913.5% in the 3rd quarter. Federated Hermes Inc. now owns 3,456 shares of the electronics maker’s stock valued at $204,000 after buying an additional 3,115 shares during the period. Commonwealth Equity Services LLC acquired a new position in shares of Vicor in the 3rd quarter valued at $232,000. Finally, Private Advisor Group LLC bought a new position in shares of Vicor during the 3rd quarter worth about $252,000. 47.45% of the stock is currently owned by institutional investors.

Vicor Stock Up 1.6 %

Shares of Vicor stock opened at $35.18 on Wednesday. Vicor Co. has a 12-month low of $33.70 and a 12-month high of $98.38. The stock has a market capitalization of $1.56 billion, a P/E ratio of 29.56 and a beta of 1.53. The company has a 50-day simple moving average of $38.12 and a 200 day simple moving average of $40.36.

Vicor (NASDAQ:VICR) last issued its quarterly earnings data on Thursday, February 22nd. The electronics maker reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.17). Vicor had a return on equity of 10.45% and a net margin of 13.23%. The firm had revenue of $92.70 million for the quarter, compared to the consensus estimate of $107.07 million. During the same period in the prior year, the company posted $0.18 earnings per share. Vicor’s quarterly revenue was down 12.1% compared to the same quarter last year.

Insider Buying and Selling

In other Vicor news, VP Robert Gendron sold 2,000 shares of Vicor stock in a transaction on Friday, March 8th. The stock was sold at an average price of $36.83, for a total value of $73,660.00. Following the completion of the transaction, the vice president now owns 5,374 shares in the company, valued at approximately $197,924.42. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, VP Robert Gendron sold 2,000 shares of the firm’s stock in a transaction on Friday, March 8th. The stock was sold at an average price of $36.83, for a total value of $73,660.00. Following the completion of the sale, the vice president now directly owns 5,374 shares in the company, valued at $197,924.42. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, 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 transaction of $98,383.00. The disclosure for this sale can be found here. Insiders have sold a total of 4,999 shares of company stock worth $184,990 in the last three months. Insiders own 31.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on VICR shares. Craig Hallum cut shares of Vicor from a “buy” rating to a “hold” rating and set a $40.00 target price on the stock. in a research note on Friday, February 23rd. StockNews.com upgraded Vicor from a “sell” rating to a “hold” rating in a research note on Saturday.

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.