Insider Trading June 24, 2026 11:28 AM

Vicor Executive Offloads Shares Under Pre-Arranged Plan

CFO James Schmidt liquidates 754 shares as company reports strong Q1 results and raises guidance

By Nina Shah
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VICR

Vicor Corporation CFO James Schmidt executed a sale of 754 shares on June 23, 2026, under a Rule 10b5-1 plan adopted in December 2025. The transaction, valued at $248,820, occurred at $330.00 per share, following the exercise of non-qualified stock options. This move comes amid Vicor's robust Q1 2026 earnings, which exceeded expectations, and an upward revision of its Q2 revenue guidance to $142 million, driven by new patent license royalties. Needham recently raised its price target to $400, reflecting confidence in the company's long-term financial model.

Vicor Executive Offloads Shares Under Pre-Arranged Plan
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Key Points

  • Vicor CFO James Schmidt sold 754 shares at $330.00 each under a pre-arranged Rule 10b5-1 plan, leaving him with no direct common stock ownership but retaining 1,507 derivative shares.
  • Vicor reported strong Q1 2026 earnings with EPS of $0.44 and revenue of $112.97 million, exceeding expectations, and raised Q2 revenue guidance to $142 million due to new patent license royalties.
  • Needham upgraded Vicor's price target to $400, citing a long-term financial model projecting $2.5 billion in revenue, while the stock has surged 641% over the past year and trades near its 52-week high.

James F. Schmidt, who serves as the Chief Financial Officer, Treasurer, and Secretary of Vicor Corp (NASDAQ:VICR), executed a sale of 754 shares of the company's common stock on June 23, 2026. The transaction was reported to have a total value of $248,820, with each share sold at a price of $330.00. This sale took place after Schmidt exercised 754 non-qualified stock options on the same day, allowing him to acquire common stock at a price of $53.07 per share, for a total cost of $40,014. The acquired shares were then immediately disposed of.

The transaction was carried out in accordance with a Rule 10b5-1 trading plan that Schmidt adopted on December 10, 2025. Following this transaction, Schmidt's direct ownership of common stock in Vicor Corp stands at 0 shares. He retains 1,507 derivative shares in the form of options. This insider activity occurs as Vicor's stock has surged 641% over the past year and currently trades at $333.59, near its 52-week high of $369.40. According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value, with shares trading at a P/E ratio of 112.25. InvestingPro offers 22 additional tips and comprehensive metrics for VICR investors.

In other recent developments, Vicor Corporation reported robust Q1 2026 earnings, with an earnings per share (EPS) of $0.44, surpassing the anticipated $0.37. The company's revenue for the quarter 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. This new license agreement with an original equipment manufacturer includes Vicor's patented power system technology.

Furthermore, Needham raised its price target for Vicor to $400, maintaining a Buy rating, following the company's updated long-term financial model that projects revenue of $2.5 billion. This increase follows a prior adjustment when Needham had raised the price target to $350 based on Vicor's improved revenue guidance for the second quarter of 2026. Meanwhile, Vicor shareholders elected eleven directors and approved executive compensation at the company's recent annual meeting. These developments indicate significant activity within Vicor, attracting attention from investors and analysts alike.

Risks

  • The stock appears overvalued relative to its Fair Value, with a P/E ratio of 112.25 according to InvestingPro analysis, suggesting potential valuation concerns.
  • Vicor's reliance on new patent license royalties for revenue growth introduces dependency on specific OEM agreements, which could impact future financial stability.
  • The significant surge in Vicor's stock price over the past year may lead to increased volatility, affecting investor sentiment and market perception.

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