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On February 27, 2025, Quentin A. Fendelet, Corporate Vice President and Chief Accounting Officer of Vicor Corp (NASDAQ:VICR), executed a series of stock transactions involving the company’s common stock. According to a recent SEC filing, Fendelet exercised options to acquire 458 shares at a price of $60.61 per share. Subsequently, he sold the same number of shares at a price of $63.7845 per share, resulting in a total sale value of $29,213. The transaction comes as Vicor’s stock has shown remarkable momentum, with a 77% gain over the past six months, according to InvestingPro data.
These transactions reflect Fendelet’s ongoing management of his equity stake in Vicor Corp, a company known for its focus on electronic components and strong financial health, maintaining a healthy current ratio of 7.49. Following these transactions, Fendelet’s direct ownership in the company’s common stock stands at zero shares. For deeper insights into Vicor’s valuation and 17 additional key insights, check out the comprehensive analysis available on InvestingPro.
In other recent news, Vicor Corporation reported its fourth-quarter 2024 earnings, surpassing market expectations with an earnings per share (EPS) of $0.23, compared to the analyst forecast of $0.18. The company’s revenue also exceeded projections, reaching $96.2 million against the expected $87.1 million. This performance marks a 3.2% increase from the previous quarter and a 3.8% rise year-over-year. Despite a full-year revenue decline of 11.4%, Vicor improved its gross margin to 52.4% in Q4, up by 3.3% sequentially. The company continues to focus on growth opportunities in various sectors, including automotive and defense, with new product innovations. Needham analyst N. Quinn Bolton noted the lack of near-term guidance from Vicor but mentioned the company’s projection of 2025 as a record year for both revenue and profitability. Despite raising estimates based on stronger Royalty and NBM assumptions, Bolton maintained a Hold rating due to uncertainties around the product ramp and the current stock valuation. Additionally, Vicor’s strategic positioning and robust fourth-quarter performance have resonated with investors, as evidenced by the significant uptick in the stock price.
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