OxFORD Asset Management LLP trimmed its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 30.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,022 shares of the electronics maker’s stock after selling 15,822 shares during the period. OxFORD Asset Management LLP owned approximately 0.09% of Advanced Energy Industries worth $2,909,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. lifted its stake in shares of Advanced Energy Industries by 57.2% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,077 shares of the electronics maker’s stock worth $168,000 after buying an additional 756 shares during the period. Advisory Services Network LLC lifted its position in Advanced Energy Industries by 9.5% during the second quarter. Advisory Services Network LLC now owns 2,161 shares of the electronics maker’s stock valued at $140,000 after purchasing an additional 187 shares during the period. D.A. Davidson & CO. lifted its position in Advanced Energy Industries by 0.7% during the second quarter. D.A. Davidson & CO. now owns 2,207 shares of the electronics maker’s stock valued at $142,000 after purchasing an additional 16 shares during the period. Riverhead Capital Management LLC lifted its position in Advanced Energy Industries by 55.4% during the second quarter. Riverhead Capital Management LLC now owns 2,331 shares of the electronics maker’s stock valued at $151,000 after purchasing an additional 831 shares during the period. Finally, Macquarie Group Ltd. acquired a new position in Advanced Energy Industries during the third quarter valued at $202,000. Institutional investors own 94.35% of the company’s stock.

In other news, EVP Thomas O. Mcgimpsey sold 5,190 shares of the business’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $85.06, for a total transaction of $441,461.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frederick Ball sold 4,000 shares of the business’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $83.51, for a total transaction of $334,040.00. The disclosure for this sale can be found here. Insiders have sold 54,603 shares of company stock valued at $4,572,568 in the last three months. Corporate insiders own 1.13% of the company’s stock.

A number of research analysts recently issued reports on the stock. ValuEngine downgraded shares of Advanced Energy Industries from a “buy” rating to a “hold” rating in a research report on Friday, October 27th. Needham & Company LLC boosted their target price on shares of Advanced Energy Industries from $93.00 to $97.00 and gave the company a “buy” rating in a research report on Tuesday, October 31st. KeyCorp restated a “hold” rating on shares of Advanced Energy Industries in a research report on Sunday, October 15th. Zacks Investment Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating and set a $93.00 target price for the company in a research report on Friday, November 3rd. Finally, Stifel Nicolaus assumed coverage on shares of Advanced Energy Industries in a research report on Wednesday, August 23rd. They set a “hold” rating and a $74.00 target price for the company. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $81.60.

Advanced Energy Industries, Inc. (NASDAQ:AEIS) opened at $70.44 on Monday. Advanced Energy Industries, Inc. has a fifty-two week low of $52.12 and a fifty-two week high of $95.00. The firm has a market cap of $2,793.46, a price-to-earnings ratio of 17.10, a price-to-earnings-growth ratio of 1.13 and a beta of 1.29.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings data on Monday, October 30th. The electronics maker reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.02. The company had revenue of $176.60 million during the quarter, compared to analysts’ expectations of $165.77 million. Advanced Energy Industries had a net margin of 33.76% and a return on equity of 35.56%. The firm’s revenue for the quarter was up 39.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.77 earnings per share. analysts predict that Advanced Energy Industries, Inc. will post 4.26 earnings per share for the current fiscal year.

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Advanced Energy Industries Profile

Advanced Energy Industries, Inc is a provider of engineered, precision power conversion, measurement and control solutions. The Company is engaged in designing, manufacturing, selling and supporting its power conversion products and solutions that transform power into various forms in various applications ranging from manufacturing and industrial processes to instrumentation, and test and measurement.

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Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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