Vicor Insiders Sold US$598k Of Shares Suggesting Hesitancy

In the last year, many Vicor Corporation (NASDAQ:VICR) insiders sold a substantial stake in the company which may have sparked shareholders' attention. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, if numerous insiders are selling, shareholders should investigate more.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for Vicor

Vicor Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Corporate VP & Director, Claudio Tuozzolo, sold US$520k worth of shares at a price of US$96.80 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$36.50. So it may not shed much light on insider confidence at current levels.

All up, insiders sold more shares in Vicor than they bought, over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Vicor better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Are Vicor Insiders Buying Or Selling?

We have seen a bit of insider selling at Vicor, over the last three months. The selling netted US$19k for Corporate VP & Chief Accounting Officer Quentin Fendelet. But the good news is that there was purchasing too , worth US$11k. While it's not great to see insider selling, the net amount sold isn't enough for us to want to read anything into it.

Does Vicor Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Vicor insiders own 49% of the company, worth about US$790m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Vicor Insiders?

Insider buying and selling have balanced each other out in the last three months, so we can't deduct anything useful from these recent trades. It's great to see high levels of insider ownership, but looking back over the last year, we'd need to see more buying to gain confidence from the Vicor insider transactions. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Vicor.

But note: Vicor may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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.

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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.