In addition to the sales, D’Amico exercised stock options to acquire shares valued at $146,330, with exercise prices between $16.15 and $39.25 per share. After these transactions, D’Amico no longer holds any shares directly following the sales. The company, currently valued at $2.64 billion, maintains a strong financial position with a current ratio of 6.4x, indicating robust liquidity. For deeper insights into insider transactions and comprehensive financial analysis, check out the detailed Pro Research Report available on InvestingPro, which covers over 1,400 US stocks. The company, currently valued at $2.64 billion, maintains a strong financial position with a current ratio of 6.4x, indicating robust liquidity. For deeper insights into insider transactions and comprehensive financial analysis, check out the detailed Pro Research Report available on InvestingPro, which covers over 1,400 US stocks.
In addition to the sales, D’Amico exercised stock options to acquire shares valued at $146,330, with exercise prices between $16.15 and $39.25 per share. After these transactions, D’Amico no longer holds any shares directly following the sales.
In other recent news, Vicor (NASDAQ:VICR) Corporation reported mixed third-quarter results, with an 8.5% sequential increase in revenue to $93.2 million, but a 13.6% decrease from the same period in 2023. The company’s net income stood at $11.6 million, with diluted earnings per share of $0.26. Despite this, the company remains focused on advanced technology markets, such as AI and automotive sectors, and is actively enforcing its intellectual property rights. A notable development is the upcoming launch of Vicor’s Gen 5 products, which had been delayed due to a PCB issue, but initial shipments are expected to begin soon. The company is targeting a revenue goal of $1 billion with a focus on achieving 65% gross margins. In other developments, an initial determination has been issued by an ITC (NSE:ITC) judge in Vicor’s ongoing legal proceedings. These are some of the recent developments at Vicor Corporation.
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