Advanced Energy Industries (NASDAQ:AEIS) COO Sells $7,814,755.08 in Stock

Advanced Energy Industries, Inc. (NASDAQ:AEISGet Free Report) COO Eduardo Bernal Acebedo sold 24,771 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the completion of the transaction, the chief operating officer owned 23,109 shares in the company, valued at approximately $7,290,427.32. This trade represents a 51.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Advanced Energy Industries Stock Performance

AEIS opened at $285.83 on Friday. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78. Advanced Energy Industries, Inc. has a 12-month low of $144.09 and a 12-month high of $397.44. The firm has a 50 day moving average of $320.67 and a two-hundred day moving average of $326.38. The firm has a market capitalization of $11.45 billion, a PE ratio of 53.33 and a beta of 1.29.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last released its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, beating the consensus estimate of $2.21 by $0.53. The business had revenue of $574.10 million for the quarter, compared to the consensus estimate of $544.41 million. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The business’s revenue for the quarter was up 30.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. On average, analysts anticipate that Advanced Energy Industries, Inc. will post 9.18 EPS for the current year.

Advanced Energy Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 24th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, August 24th. Advanced Energy Industries’s dividend payout ratio is presently 7.46%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Root Financial Partners LLC grew its stake in Advanced Energy Industries by 33.3% in the 1st quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock valued at $35,000 after acquiring an additional 27 shares during the period. Basecamp Wealth Advisors LLC raised its position in Advanced Energy Industries by 16.2% during the first quarter. Basecamp Wealth Advisors LLC now owns 222 shares of the electronics maker’s stock worth $72,000 after acquiring an additional 31 shares during the period. Fifth Third Wealth Advisors LLC raised its position in Advanced Energy Industries by 4.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 1,191 shares of the electronics maker’s stock worth $384,000 after acquiring an additional 51 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in Advanced Energy Industries by 40.6% during the fourth quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker’s stock valued at $41,000 after purchasing an additional 56 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its holdings in Advanced Energy Industries by 6.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 906 shares of the electronics maker’s stock valued at $190,000 after purchasing an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Wall Street Analyst Weigh In

AEIS has been the subject of a number of recent research reports. Bank of America lifted their price objective on Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Citigroup upped their target price on Advanced Energy Industries from $435.00 to $460.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $400.00 target price on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Susquehanna lifted their price target on Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a research report on Tuesday, June 30th. Finally, Wells Fargo & Company upgraded Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $345.00 to $465.00 in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Advanced Energy Industries has a consensus rating of “Moderate Buy” and a consensus price target of $409.50.

Get Our Latest Analysis on AEIS

About Advanced Energy Industries

(Get Free Report)

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.

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