Insider Selling: Advanced Energy Industries, Inc. (NASDAQ:AEIS) Director Sells $15,486.72 in Stock

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Director Anne Delsanto sold 148 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $104.64, for a total transaction of $15,486.72. Following the transaction, the director now owns 6,721 shares in the company, valued at $703,285.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, July 1st, Anne Delsanto sold 148 shares of Advanced Energy Industries stock. The stock was sold at an average price of $108.48, for a total value of $16,055.04.

Advanced Energy Industries Price Performance

Shares of NASDAQ:AEIS opened at $93.78 on Friday. The firm has a market capitalization of $3.51 billion, a PE ratio of 34.48, a P/E/G ratio of 5.37 and a beta of 1.50. The company has a quick ratio of 4.22, a current ratio of 5.47 and a debt-to-equity ratio of 0.76. The company has a 50-day moving average price of $106.79 and a two-hundred day moving average price of $103.44. Advanced Energy Industries, Inc. has a twelve month low of $81.86 and a twelve month high of $119.75.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings data on Tuesday, July 30th. The electronics maker reported $0.85 EPS for the quarter, topping the consensus estimate of $0.71 by $0.14. Advanced Energy Industries had a net margin of 6.00% and a return on equity of 10.43%. The company had revenue of $364.95 million during the quarter, compared to the consensus estimate of $350.06 million. During the same period last year, the firm earned $0.95 EPS. Advanced Energy Industries’s revenue for the quarter was down 12.2% on a year-over-year basis. Equities analysts forecast that Advanced Energy Industries, Inc. will post 2.47 EPS for the current year.

Advanced Energy Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Monday, August 26th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.43%. The ex-dividend date of this dividend was Monday, August 26th. Advanced Energy Industries’s dividend payout ratio (DPR) is presently 14.71%.

Wall Street Analyst Weigh In

A number of analysts recently commented on AEIS shares. Susquehanna lifted their price target on Advanced Energy Industries from $90.00 to $103.00 and gave the stock a “neutral” rating in a report on Wednesday, July 31st. Wells Fargo & Company lifted their target price on Advanced Energy Industries from $97.00 to $103.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 31st. Citigroup lowered shares of Advanced Energy Industries from a “buy” rating to a “neutral” rating and set a $113.00 price target for the company. in a research report on Monday, July 15th. StockNews.com downgraded shares of Advanced Energy Industries from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Benchmark reiterated a “buy” rating and issued a $117.00 target price on shares of Advanced Energy Industries in a research note on Wednesday, July 31st. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $113.25.

Institutional Trading of Advanced Energy Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Rise Advisors LLC bought a new position in Advanced Energy Industries in the 1st quarter worth about $25,000. Parallel Advisors LLC lifted its holdings in shares of 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 buying an additional 154 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Advanced Energy Industries by 157.6% in the second quarter. GAMMA Investing LLC now owns 626 shares of the electronics maker’s stock valued at $68,000 after acquiring an additional 383 shares during the period. Canada Pension Plan Investment Board purchased a new position in Advanced Energy Industries during the second quarter valued at approximately $87,000. Finally, Principal Securities Inc. bought a new stake in Advanced Energy Industries during the 4th quarter worth approximately $87,000. 99.67% of the stock is currently owned by institutional investors.

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.