Ashford Capital Management Inc Lowers stake in Vicor Corp (VICR)

Vicor Corp (VICR) : Ashford Capital Management Inc reduced its stake in Vicor Corp by 4.09% during the most recent quarter end. The investment management company now holds a total of 1,644,651 shares of Vicor Corp which is valued at $15 Million after selling 70,110 shares in Vicor Corp , the firm said in a disclosure report filed with the SEC on May 13, 2016.Vicor Corp makes up approximately 3.56% of Ashford Capital Management Inc’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp boosted its stake in VICR in the latest quarter, The investment management firm added 1,153 additional shares and now holds a total of 672,345 shares of Vicor Corp which is valued at $6.1 Million.Spark Investment Management boosted its stake in VICR in the latest quarter, The investment management firm added 21,300 additional shares and now holds a total of 55,100 shares of Vicor Corp which is valued at $501,410. Vicor Corp makes up approx 0.05% of Spark Investment Management’s portfolio.Municipal Employees’ Retirement System Of Michigan boosted its stake in VICR in the latest quarter, The investment management firm added 170 additional shares and now holds a total of 3,570 shares of Vicor Corp which is valued at $32,844.

Vicor Corp (VICR) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $10.04 and reached the intraday high at $10.2399. The bulls started the profit booking and pushed the shares to intraday low of $9.93. The trading session was marked by a volume range of 10,173 shares exchanging hands. The 52-week high of the shares is $14.46 and the 52-week low is $7. The market cap of the company stands at $391 M and there are 3,87,95,546 shares in public circulation.

Vicor Corporation designs develops manufactures and markets modular components and complete systems for converting regulating and controlling electric current. The Company’s operating segments include Brick Business Unit (BBU) VI Chip Business Unit and Picor Business Unit. The BBU segment designs develops manufactures and markets power modules in three formats: encapsulated modules known as bricks; line of intermediate bus converters which are open-frame (not encapsulated) devices and line of modular power solutions incorporating its VI Chip modules and complementary circuitry into thermal packaging which the Company markets as VI Brick modules. The VI Chip Business Unit segment consists of VI Chip Corporation a subsidiary of Vicor that designs develops manufactures and markets a range of advanced power conversion components. The Picor Business Unit segment consists of Picor Corporation a subsidiary of Vicor.

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