Today it was reported that the VP HR of Vicor (VICR), Grava Nancy, exercised options to sell 5,000 VICR shares at $9.95 a share, for a total transaction value of $416.9K.
Following Grava Nancy L’s last VICR Sell transaction on July 31, 2018, the stock climbed by 27.0%.
See today’s analyst top recommended stocks >>
Based on Vicor’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $63.4 million and GAAP net loss of -$1,735,000. In comparison, last year the company earned revenue of $63.36 million and had a net profit of $2.56 million. The company has a one-year high of $90.88 and a one-year low of $28.69. VICR’s market cap is $3.64 billion and the company has a P/E ratio of 427.70.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $81.25, reflecting a 4.3% upside.
The insider sentiment on Vicor has been positive according to 48 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Vicor Corp. engages in the design, development, manufacture, and marketing of modular power components and complete power systems based upon a portfolio of patented technologies. It operates through the following segments: Brick Business Unit, VI Chip, Picor, and Corporate. The Brick Business Unit provides modular power converters and configurable products. The VI Chip segment offers advanced power component products, through the company’s subsidiary VI Chip Corp. The Picor segment includes integrated circuits and related products for use in a variety of power system applications. The Corporate segment consists of those operations and assets shared by all operating segments. The company was founded by Patrizio Vinciarelli in 1981 and is headquartered in Andover, MA.
