Andrew D'Amico, serving as a director for Vicor Corporation (NASDAQ:VICR), has completed a series of stock sales amounting to $173,128 through two separate transactions that took place on June 25 and June 26, 2026. These divestments were executed in conjunction with the acquisition of an equivalent number of shares via the exercise of non-qualified stock options. The timing of these transactions follows a period of substantial market activity for VICR, which has seen its share price appreciate by more than 600% over the trailing twelve months, despite experiencing a recent pullback of approximately 11% over the preceding week.
On June 25, Mr. D'Amico sold 200 shares of VICOR common stock at a price of $336.82 per share. The following day, June 26, he sold an additional 331 shares. The prices for these sales ranged from $319.53 to $336.82 per share, resulting in total proceeds of $173,128. Both sales were executed pursuant to a Rule 10b5-1 trading plan that Mr. D'Amico adopted on September 12, 2024.
Preceding these sales, Mr. D'Amico acquired 531 shares of common stock through the exercise of non-qualified stock options. On June 25, he acquired 200 shares at a price of $100.00 per share, and on June 26, an additional 331 shares were acquired at a price of $60.37 per share. The total acquisition value for these shares was $39,982, with acquisition prices ranging from $60.37 to $100.00 per share.
The transactions were reported in a Form 4 filing with the Securities and Exchange Commission on June 29, 2026.
In other recent news, Vicor Corporation reported strong first-quarter 2026 earnings, with earnings per share (EPS) of $0.44, surpassing analyst expectations of $0.37. The company’s revenue reached $112.97 million, exceeding forecasts by 3.59%. Additionally, Vicor raised its second-quarter revenue guidance from $126 million to $142 million, attributing the increase to higher product revenues and royalties from a new patent license agreement. This agreement involves an original equipment manufacturer acquiring a comprehensive license for Vicor’s patented power system technology.
In related developments, Needham raised its price target for Vicor to $350 from $260, maintaining a Buy rating, due to the company’s increased revenue guidance. Subsequently, Needham further increased the price target to $400, highlighting Vicor’s revised long-term financial model aiming for $2.5 billion in revenue. During Vicor’s annual meeting, shareholders elected eleven directors and approved executive compensation. These developments underscore significant growth and strategic advancements for Vicor Corporation.