Vicor director Andrew D’Amico sells $359,800 in inventory

Along with the gross sales, D’Amico exercised inventory choices to accumulate shares valued at $146,330, with train costs between $16.15 and $39.25 per share. After these transactions, D’Amico not holds any shares instantly following the gross sales. The corporate, at the moment valued at $2.64 billion, maintains a powerful monetary place with a present ratio of 6.4x, indicating strong liquidity. For deeper insights into insider transactions and complete monetary evaluation, take a look at the detailed Professional Analysis Report accessible on InvestingPro, which covers over 1,400 US shares. The corporate, at the moment valued at $2.64 billion, maintains a powerful monetary place with a present ratio of 6.4x, indicating strong liquidity. For deeper insights into insider transactions and complete monetary evaluation, take a look at the detailed Professional Analysis Report accessible on InvestingPro, which covers over 1,400 US shares.

Along with the gross sales, D’Amico exercised inventory choices to accumulate shares valued at $146,330, with train costs between $16.15 and $39.25 per share. After these transactions, D’Amico not holds any shares instantly following the gross sales.

In different current information, Vicor (NASDAQ:VICR) Company reported blended third-quarter outcomes, with an 8.5% sequential improve in income to $93.2 million, however a 13.6% lower from the identical interval in 2023. The corporate’s web revenue stood at $11.6 million, with diluted earnings per share of $0.26. Regardless of this, the corporate stays targeted on superior know-how markets, corresponding to AI and automotive sectors, and is actively imposing its mental property rights. A notable improvement is the upcoming launch of Vicor’s Gen 5 merchandise, which had been delayed on account of a PCB situation, however preliminary shipments are anticipated to start quickly. The corporate is focusing on a income objective of $1 billion with a deal with attaining 65% gross margins. In different developments, an preliminary dedication has been issued by an ITC (NSE:ITC) choose in Vicor’s ongoing authorized proceedings. These are a number of the current developments at Vicor Company.

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