Anne Delsanto Sells 148 Shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) Stock

Advanced Energy Industries, Inc. (NASDAQ:AEISGet Free Report) Director Anne Delsanto sold 148 shares of the stock in a transaction on Monday, April 1st. The stock was sold at an average price of $101.89, for a total value of $15,079.72. Following the completion of the sale, the director now directly owns 5,204 shares in the company, valued at $530,235.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • 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.
  • On Thursday, February 1st, Anne Delsanto sold 148 shares of Advanced Energy Industries stock. The stock was sold at an average price of $105.05, for a total value of $15,547.40.

Advanced Energy Industries Trading Up 1.1 %

Shares of NASDAQ:AEIS opened at $99.24 on Thursday. The company has a market cap of $3.70 billion, a P/E ratio of 29.19, a PEG ratio of 3.55 and a beta of 1.55. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.10 and a quick ratio of 4.10. Advanced Energy Industries, Inc. has a 1 year low of $81.86 and a 1 year high of $126.38. The stock’s fifty day moving average price is $101.31 and its 200-day moving average price is $99.85.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last posted its earnings results on Tuesday, February 6th. The electronics maker reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.10. Advanced Energy Industries had a return on equity of 14.32% and a net margin of 7.75%. The company had revenue of $405.27 million for the quarter, compared to the consensus estimate of $407.66 million. Sell-side analysts expect that Advanced Energy Industries, Inc. will post 2.88 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 19th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date was Thursday, February 15th. Advanced Energy Industries’s dividend payout ratio is 11.76%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in Advanced Energy Industries by 8.0% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 34,578 shares of the electronics maker’s stock valued at $3,766,000 after acquiring an additional 2,562 shares during the period. Vanguard Group Inc. lifted its holdings in 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 acquiring an additional 32,822 shares during the period. Cim LLC bought a new position in Advanced Energy Industries in the fourth quarter valued at about $447,000. Price T Rowe Associates Inc. MD raised its stake in shares of Advanced Energy Industries by 2.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 369,875 shares of the electronics maker’s stock worth $40,288,000 after buying an additional 10,275 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of Advanced Energy Industries by 2.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 6,160 shares of the electronics maker’s stock worth $671,000 after buying an additional 138 shares during the period. Institutional investors own 99.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on AEIS. Seaport Res Ptn reissued a “neutral” rating on shares of Advanced Energy Industries in a research note on Wednesday, December 6th. Wells Fargo & Company cut their target price on Advanced Energy Industries from $108.00 to $97.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 7th. Finally, TheStreet raised Advanced Energy Industries from a “c+” rating to a “b-” rating in a report on Thursday, December 21st. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Advanced Energy Industries presently has an average rating of “Hold” and an average target price of $115.14.

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About Advanced Energy Industries

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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.

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Insider Buying and Selling by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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