Vicor director Andrew D’Amico sells shares price $103,830

ANDOVER, MA—Andrew D’Amico, a director at Vicor Corp (NASDAQ:VICR), a $2.25 billion market cap energy part producer with spectacular gross revenue margins of fifty.9%, lately offered 2,000 shares of the corporate’s frequent inventory. Based on InvestingPro evaluation, the inventory is at the moment buying and selling close to its Truthful Worth. The transactions, which befell on January 6, had been executed at costs starting from $51.83 to $52.0 per share, amounting to a complete of $103,830. The gross sales had been carried out below a pre-established Rule 10b5-1 buying and selling plan, adopted by D’Amico in September 2024. The inventory has proven robust momentum, gaining over 56% up to now six months.

Along with the gross sales, D’Amico exercised choices to accumulate 2,000 shares at a value of $10.07 per share, with the full transaction worth for these choice workout routines amounting to $20,140. Following these transactions, D’Amico doesn’t personal any shares immediately. For deeper insights into insider buying and selling patterns and complete evaluation, entry the total Vicor Professional Analysis Report on InvestingPro.

In different current information, Vicor Company reported blended monetary outcomes for the third quarter, with an 8.5% sequential improve in income to $93.2 million, however a year-over-year decline of 13.6%. The corporate’s gross revenue margin barely decreased to 49.1%, and the web revenue stood at $11.6 million. The launch of the much-anticipated Gen 5 chipset has been delayed as a result of a PCB difficulty, however preliminary shipments are anticipated to start quickly. Regardless of these challenges, Vicor stays centered on its strategic targets in superior expertise markets, together with the AI and automotive sectors, and continues to implement its mental property rights by way of ongoing authorized proceedings. These are among the many current developments at Vicor, as the corporate navigates a fancy panorama of sturdy sequential progress tempered by year-over-year declines.

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