Vicor Corporation (NASDAQ:vicr) has been the object of insider selling activity recently. Director Jason Carlson sold 11,927 shares at a price of $20.21 on June 9th. That brings Carlson’s holdings to $0 as reported to the SEC. Director Barry Kelleher sold 6,656 shares at a price of $19.67 on Tue the 6th. That brings the Director’s holdings to $44,395 per an SEC filing yesterday.
Jason Carlson, Director let go of $160,007 worth of shares at an average price of $19.82 on Tue the 6th. Carlson now owns $0 of stock as recorded in a recent Form 4 SEC filing.
Vicor Corporation, launched on November 10, 1981, designs, develops, manufactures and markets modular power components and power systems for converting, regulating and controlling electric current. The Business’s segments include Brick Business Unit (BBU), VI Chip and Picor. The BBU segment designs, develops, manufactures and markets modular direct current-direct current (DC-DC) converters and configurable products, and also includes the entities comprising Vicor Custom Power, and the BBU operations of Vicor Japan Company, Ltd. (VJCL). The VI Chip segment includes VI Chip Corporation, which designs, develops, manufactures and markets advanced power component products. The VI Chip segment also includes the VI Chip business conducted through VJCL. The Picor segment includes Picor Corporation (Picor), which designs, develops, manufactures and markets integrated circuits and related products for use in a range of power management and power system applications. Picor develops these products for use in the Business’s BBU and VI Chip modules, to be sold as complements to its BBU and VI Chip products, or for sale to third parties for separate (stand-alone) applications..
Here are a few other firms who have also updated their positions. Goldman Sachs Group Inc divested its position by selling 10,569 shares a decrease of 24.4% in the quarter. Goldman Sachs Group Inc currently owns 32,827 shares valued at $529,000. The total value of its holdings decreased 19.2%. Ironwood Investment Management LLC reduced its holdings by shedding 2,948 shares a decrease of 6.1% as of 03/31/2017. Ironwood Investment Management LLC now controls 45,105 shares with a value of $726,000. The value of the position overall is down by 0.0%.
State Street Corp expanded its ownership by buying 15,805 shares an increase of 4.1% from 12/31/2016 to 03/31/2017. State Street Corp claims 403,157 shares worth $6,490,000. The total value of its holdings increased 10.9%. Manatuck Hill Partners, LLC bolstered its stake by buying 65,000 shares an increase of 86.7%. Manatuck Hill Partners, LLC controls 140,000 shares worth $2,254,000. The value of the position overall is up by 98.9%.
The company is so far trading unchanged since yesterday’s close of $20.3. Shares of the company are trading at $20.30 which is just a bit higher than $17.90, the 50 day moving average and which is marginally over the 200 day moving average of $16.10. The 50 day moving average went up by +13.98% whereas the 200 day average was up by +26.68%.
Investors are feeling more bearish lately if you put credence in the rise in short interest. The firm saw a rise in short interest from May 15, 2017 to April 28, 2017 of 2.81%. Short interest grew 9,266 over that period. The short-interest ratio increased to 11.5 and the short interest percentage is 0.01% as of April 28.