Andrew D’Amico, a director at VICOR CORP (NASDAQ:VICR), executed a significant stock transaction on June 23, 2026. D’Amico sold 754 shares of common stock at a price of $330.00 per share, resulting in total proceeds of $248,820. The sale was conducted pursuant to a Rule 10b5-1 trading plan that D’Amico initially adopted on September 12, 2024.
On the same date, D’Amico acquired 754 shares of common stock through the exercise of non-qualified stock options. The exercise price for these options was $53.07 per share, totaling $40,014. These specific options are set to expire on June 23, 2033. Following the completion of these transactions, Andrew D’Amico directly holds 0 shares of VICOR CORP common stock.
The insider sale occurs against a backdrop of substantial price appreciation for VICR. The stock has surged 641% over the past year and currently trades at $318.81, reflecting a market capitalization of $14.69 billion. According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value estimate. The company trades at a P/E ratio of 109.
Recent corporate developments highlight strong operational performance. Vicor Corporation reported strong first-quarter 2026 earnings, with earnings per share (EPS) of $0.44, surpassing the forecasted $0.37. The company’s revenue reached $112.97 million, exceeding expectations by 3.59%. Additionally, Vicor raised its second-quarter revenue guidance from $126 million to $142 million, attributing this increase to higher product revenues and royalties from a new patent license agreement.
An original equipment manufacturer has secured an all-inclusive license to Vicor’s patented power system technology, which includes Factorized Power and Vertical Power Delivery technologies. In related analyst coverage, Needham has raised its price target for Vicor to $400, citing the company’s updated long-term financial model, which now aims for revenue of $2.5 billion. Previously, Needham increased the target to $350 due to Vicor’s revised second-quarter revenue guidance.
At Vicor’s annual meeting, shareholders elected eleven directors and approved executive compensation. These developments reflect a period of significant activity and strategic advancements for Vicor Corporation. Real-time data indicates the stock traded at 321.68 with a change of -14.44 (-4.30%) at 14:04:38 USD.