A Director at Vicor Corp. (NASDAQ: VICR) is Selling SharesBy Carrie Williams
In addition to Samuel Anderson, 5 other VICR executives reported Sell trades in the last month. Following Samuel Anderson’s last VICR Sell transaction on August 17, 2015, the stock climbed by 3.4%.
Based on Vicor Corp.’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $53.23 million and quarterly net profit of $2.34 million. In comparison, last year the company earned revenue of $48.66 million and had a GAAP net loss of $2.5 million. The company has a one year high of $14.95 and a one year low of $7. Currently, Vicor Corp. has an average volume of 53.87K.
The insider sentiment on Vicor Corp. has been negative according to 17 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.
Vicor Corp. designs, develops, manufactures and markets modular power components and complete power systems based upon a portfolio of patented technologies. It also manufactures and sells complete configurable power systems, accessory products and custom power solutions. The company has organized its business segments according to its key product lines: Brick Business Unit, V*I Chip Business Unit and Picor Business Unit. The Brick Business Unit designs, develops, manufactures and markets modular power converters. This segment also designs, develops, manufactures and markets a line of configurable products, which are complete power supplies assembled using modular power components. The V*I Chip Business Unit consists of V*I Chip Corp., a wholly-owned subsidiary that designs, develops, manufactures and markets a range of advanced power conversion components, including those that enable its Factorized Power Architecture. The Picor Business Unit consists of Picor Corp., a majority-owned subsidiary that designs, develops, and markets high performance integrated circuits and related products for use in a variety of power system applications. The company was founded by Patrizio Vinciarelli in 1981 and is headquartered in Andover, MA.