Trade Alert: Corporate VP & Director Of Vicor Claudio Tuozzolo Has Sold Stock
Vicor Corporation VICR | 0.00 |
Some Vicor Corporation (NASDAQ:VICR) shareholders may be a little concerned to see that the Corporate VP & Director, Claudio Tuozzolo, recently sold a substantial US$2.8m worth of stock at a price of US$271 per share. That's a big disposal, and it decreased their holding size by 44%, which is notable but not too bad.
Vicor Insider Transactions Over The Last Year
In fact, the recent sale by Claudio Tuozzolo was the biggest sale of Vicor shares made by an insider individual in the last twelve months, according to our records. So what is clear is that an insider saw fit to sell at around the current price of US$249. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.
Vicor insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
Insider Ownership Of Vicor
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Vicor insiders own 47% of the company, worth about US$5.6b. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
What Might The Insider Transactions At Vicor Tell Us?
Insiders haven't bought Vicor stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. But since Vicor is profitable and growing, we're not too worried by this. It is good to see high insider ownership, but the insider selling leaves us cautious. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 3 warning signs that you should run your eye over to get a better picture of Vicor.
Of course Vicor may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
