Andar Capital Management HK Ltd purchased 101,100 shares of Vicor Corporation during the second quarter. The investment is valued at approximately $38.40 million. This position represents 17.2% of Andar Capital's portfolio, making it the fund's largest holding. The purchase gives the hedge fund a 0.22% ownership stake in the electronics manufacturer.
Vicor recently reported quarterly earnings of $1.04 per share. This result exceeded analyst expectations by $0.39. Quarterly revenue reached $143.35 million, marking a 49.3% increase over the previous year.
Other institutional investors have also increased their interest in the company. The significant new stake signals market confidence in Vicor's growth trajectory and performance.