Vicor Corp (VICR): Estia J Eichten , director of Vicor Corp sold 4,000 shares on Sep 22, 2016. The Insider selling transaction was reported by the company on Sep 23, 2016 to the Securities and Exchange Commission. The shares were sold at $12.00 per share for a total value of $48,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 6, 2016, Estia J Eichten (director) sold 4,000 shares at $11.50 per share price.On Aug 3, 2016, Robert F Russell (other) sold 4,000 shares at $10.26 per share price.Also, On Mar 3, 2016, Patrizio Vinciarelli (Chairman and CEO) purchased 1 shares at $8.47 per share price.On Aug 17, 2015, Samuel J Anderson (director) sold 9,808 shares at $11.21 per share price.
Vicor Corp: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Vicor Corp which led to swings in the share price. The shares opened for trading at $11.635 and hit $12.19 on the upside , eventually ending the session at $12.16, with a gain of 5.10% or 0.59 points. The heightened volatility saw the trading volume jump to 94,505 shares. The 52-week high of the share price is $12 and the company has a market cap of $472 M . The 52-week low of the share price is at $7.
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.