Advanced Energy Industries, Inc. (NASDAQ:AEIS) Director Sells $16,055.04 in Stock

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Director Anne Delsanto sold 148 shares of the stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $108.48, for a total transaction of $16,055.04. Following the completion of the sale, the director now directly owns 7,017 shares in the company, valued at $761,204.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Anne Delsanto also recently made the following trade(s):

• On Monday, June 3rd, Anne Delsanto sold 148 shares of Advanced Energy Industries stock. The stock was sold at an average price of $108.48, for a total transaction of $16,055.04.
• On Wednesday, May 1st, Anne Delsanto sold 148 shares of Advanced Energy Industries stock. The stock was sold at an average price of $94.99, for a total transaction of $14,058.52.

Advanced Energy Industries Stock Up 0.3 %

Shares of Advanced Energy Industries stock opened at $106.95 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 4.40 and a current ratio of 5.61. Advanced Energy Industries, Inc. has a 52-week low of $81.86 and a 52-week high of $126.38. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of 39.32, a P/E/G ratio of 5.22 and a beta of 1.52. The company’s 50 day moving average price is $105.49 and its 200-day moving average price is $103.02.

Advanced Energy Industries (NASDAQ:AEIS) last issued its earnings results on Wednesday, May 1st. The electronics maker reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.09). Advanced Energy Industries had a return on equity of 11.65% and a net margin of 6.58%. The firm had revenue of $327.50 million during the quarter, compared to the consensus estimate of $351.74 million. During the same quarter in the prior year, the business posted $1.10 EPS. The firm’s revenue for the quarter was down 22.9% on a year-over-year basis. Equities research analysts forecast that Advanced Energy Industries, Inc. will post 2.33 EPS for the current year.

Advanced Energy Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, May 27th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.37%. The ex-dividend date was Thursday, May 23rd. Advanced Energy Industries’s dividend payout ratio is 14.71%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Rise Advisors LLC bought a new position in shares of Advanced Energy Industries in the first quarter worth approximately $25,000. Parallel Advisors LLC lifted its stake in Advanced Energy Industries by 78.2% in the fourth quarter. Parallel Advisors LLC now owns 351 shares of the electronics maker’s stock worth $38,000 after acquiring an additional 154 shares during the period. Signaturefd LLC lifted its stake in Advanced Energy Industries by 52.3% in the fourth quarter. Signaturefd LLC now owns 609 shares of the electronics maker’s stock worth $66,000 after acquiring an additional 209 shares during the period. GAMMA Investing LLC lifted its stake in Advanced Energy Industries by 157.6% in the second quarter. GAMMA Investing LLC now owns 626 shares of the electronics maker’s stock worth $68,000 after acquiring an additional 383 shares during the period. Finally, Principal Securities Inc. purchased a new stake in Advanced Energy Industries in the fourth quarter worth $87,000. Institutional investors own 99.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on AEIS shares. StockNews.com cut shares of Advanced Energy Industries from a “hold” rating to a “sell” rating in a research report on Thursday, May 2nd. Citigroup upped their price objective on shares of Advanced Energy Industries from $107.00 to $113.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Susquehanna decreased their price objective on shares of Advanced Energy Industries from $95.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, May 2nd. Benchmark restated a “buy” rating and issued a $117.00 price objective on shares of Advanced Energy Industries in a research report on Thursday, May 2nd. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Advanced Energy Industries in a research report on Tuesday, June 25th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Advanced Energy Industries presently has an average rating of “Hold” and a consensus price target of $108.86.

About Advanced Energy Industries

Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.