Insider Selling: Advanced Energy Industries, Inc. (NASDAQ:AEIS) Director Sells 148 Shares of Stock

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Director Anne Delsanto sold 148 shares of the stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $94.99, for a total value of $14,058.52. Following the completion of the transaction, the director now owns 5,056 shares of the company’s stock, valued at $480,269.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Monday, April 1st, Anne Delsanto sold 148 shares of Advanced Energy Industries stock. The shares were sold at an average price of $101.89, for a total value of $15,079.72.
• On Friday, March 1st, Anne Delsanto sold 148 shares of Advanced Energy Industries stock. The stock was sold at an average price of $101.35, for a total value of $14,999.80.

Advanced Energy Industries Stock Down 2.5 %

Shares of NASDAQ:AEIS traded down $2.43 during mid-day trading on Thursday, hitting $93.65. 145,995 shares of the company traded hands, compared to its average volume of 213,326. The stock has a market cap of $3.50 billion, a P/E ratio of 27.26, a P/E/G ratio of 3.36 and a beta of 1.54. The company has a current ratio of 5.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.78. Advanced Energy Industries, Inc. has a 12-month low of $81.86 and a 12-month high of $126.38. The stock has a 50-day moving average price of $97.90 and a two-hundred day moving average price of $99.15.

Advanced Energy Industries (NASDAQ:AEIS) last announced its earnings results on Tuesday, February 6th. The electronics maker reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.10. The company had revenue of $405.27 million for the quarter, compared to analysts’ expectations of $407.66 million. Advanced Energy Industries had a return on equity of 14.32% and a net margin of 7.75%. On average, equities research analysts forecast that Advanced Energy Industries, Inc. will post 2.88 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Monday, May 27th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.43%. Advanced Energy Industries’s dividend payout ratio (DPR) is currently 11.76%.

Institutional Trading of Advanced Energy Industries

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in shares of Advanced Energy Industries by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 4,470,367 shares of the electronics maker’s stock valued at $486,912,000 after buying an additional 32,822 shares during the period. FMR LLC grew its position in shares of Advanced Energy Industries by 16.8% in the third quarter. FMR LLC now owns 4,026,979 shares of the electronics maker’s stock valued at $415,262,000 after purchasing an additional 577,765 shares in the last quarter. Earnest Partners LLC grew its position in shares of Advanced Energy Industries by 0.5% in the third quarter. Earnest Partners LLC now owns 1,568,560 shares of the electronics maker’s stock valued at $161,750,000 after purchasing an additional 7,701 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of Advanced Energy Industries by 6.9% in the fourth quarter. Victory Capital Management Inc. now owns 1,167,892 shares of the electronics maker’s stock valued at $127,207,000 after purchasing an additional 75,351 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Advanced Energy Industries by 0.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 923,960 shares of the electronics maker’s stock worth $100,641,000 after buying an additional 3,093 shares in the last quarter. 99.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Needham & Company LLC restated a “hold” rating on shares of Advanced Energy Industries in a research report on Thursday. Benchmark reaffirmed a “buy” rating and set a $117.00 target price on shares of Advanced Energy Industries in a research note on Thursday. Susquehanna decreased their target price on Advanced Energy Industries from $95.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, Wells Fargo & Company decreased their target price on Advanced Energy Industries from $108.00 to $97.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 7th. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $111.86.

Advanced Energy Industries Company Profile

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.