Vicor Corp (NASDAQ:VICR) Corporate Vice President and Chief Accounting Officer Fendelet Quentin A. completed a sale of 2,000 shares of the company's common stock on February 23, 2026. The executed sale price was $177.72 per share, producing gross proceeds of $355,440.
On that same calendar day, Fendelet also exercised stock options to acquire an additional 2,000 shares of Vicor common stock at an exercise price of $48.38 per share. The exercise corresponds to an aggregate option value of $96,760.
Vicor, described in filings as a power electronics company, is trading near its 52-week high of $186.28. The share price has delivered notable gains over recent periods, rising 185% over the prior year and recording a 237% increase over the past six months.
Market metrics provided alongside the transaction show a price-to-earnings ratio of 67.8 for the company and a market capitalization of $7.96 billion. An InvestingPro analysis referenced with the transaction indicates the stock appears overvalued when compared to its Fair Value assessment.
The sequence of an insider sale combined with a simultaneous option exercise is reflected exactly in public disclosures. The sale converted 2,000 already-held common shares into cash at $177.72 per share, while the option exercise added an equal number of shares to the insider's holdings at $48.38 per share.
Investors and market participants noting these moves can also observe the stock's run toward its recent high and its sharp percentage gains across six- and 12-month horizons. For readers seeking a deeper valuation perspective on the company, the referenced InvestingPro materials include a comprehensive Pro Research Report and a Fair Value calculator that aggregates multiple valuation models.
Summary
On February 23, 2026, Vicor Corp CAO Fendelet Quentin A. sold 2,000 shares for $177.72 each, receiving $355,440, and exercised options to buy 2,000 shares at $48.38 each, for $96,760. The stock trades near a 52-week high and shows large recent gains; InvestingPro indicates the name appears overvalued relative to Fair Value.
- Transaction details - 2,000 shares sold at $177.72 per share on February 23, 2026; proceeds $355,440. Option exercise of 2,000 shares at $48.38 per share; option value $96,760.
- Share performance - Stock is close to its 52-week high of $186.28, up 185% over 12 months and 237% over six months.
- Valuation snapshot - P/E ratio 67.8 and market cap $7.96 billion; InvestingPro assessment suggests the stock appears overvalued relative to Fair Value.
Key points
- Insider sale and option exercise occurred on the same date, altering the insider's cash position and option-derived shareholdings.
- The company is identified as a power electronics business, placing this activity within the technology and industrial equipment sphere.
- Recent price momentum has been strong, with substantial gains over six months and a year.
Risks and uncertainties
- Valuation concern - InvestingPro's analysis indicates the stock appears overvalued versus its Fair Value, which may affect investor perceptions of future upside.
- Market sensitivity - The stock's sharp recent appreciation brings potential volatility risk; sudden price moves could impact investors and market participants in technology-related equities.
- Limited disclosure scope - Public filings record the transactions, but they do not provide additional context on the insider's motivations or future selling intentions, leaving some uncertainty for stakeholders.