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

Advanced Energy Industries, Inc. (NASDAQ:AEISGet Free Report) Director Anne Delsanto sold 148 shares of the stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $108.48, for a total transaction of $16,055.04. Following the completion of the sale, the director now directly owns 7,165 shares in the company, valued at $777,259.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Wednesday, May 1st, Anne Delsanto sold 148 shares of Advanced Energy Industries stock. The stock was sold at an average price of $94.99, for a total transaction of $14,058.52.
  • 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 transaction of $15,079.72.

Advanced Energy Industries Stock Down 1.7 %

Shares of NASDAQ AEIS opened at $106.42 on Wednesday. The stock has a market capitalization of $3.98 billion, a P/E ratio of 39.13, a PEG ratio of 5.26 and a beta of 1.53. Advanced Energy Industries, Inc. has a one year low of $81.86 and a one year high of $126.38. The firm’s 50 day simple moving average is $100.60 and its two-hundred day simple moving average is $101.64. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.61 and a quick ratio of 4.40.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last released its earnings results on Wednesday, May 1st. The electronics maker reported $0.58 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.09). The business had revenue of $327.50 million for the quarter, compared to the consensus estimate of $351.74 million. Advanced Energy Industries had a net margin of 6.58% and a return on equity of 11.65%. Advanced Energy Industries’s revenue for the quarter was down 22.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.10 EPS. As a group, analysts expect that Advanced Energy Industries, Inc. will post 2.33 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Monday, May 27th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date is Thursday, May 23rd. Advanced Energy Industries’s dividend payout ratio (DPR) is presently 14.71%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Wells Fargo & Company dropped their price objective 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. StockNews.com downgraded Advanced Energy Industries from a “hold” rating to a “sell” rating in a research report on Thursday, May 2nd. Citigroup upped their price objective on shares of Advanced Energy Industries from $107.00 to $113.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Needham & Company LLC reiterated a “hold” rating on shares of Advanced Energy Industries in a research report on Tuesday, May 21st. Finally, Benchmark reissued a “buy” rating and issued a $117.00 price target on shares of Advanced Energy Industries in a research note on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $108.86.

Get Our Latest Report on Advanced Energy Industries

Hedge Funds Weigh In On Advanced Energy Industries

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Atria Investments Inc purchased a new position in shares of Advanced Energy Industries in the first quarter worth $1,226,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of Advanced Energy Industries in the first quarter valued at about $208,000. EntryPoint Capital LLC purchased a new position in shares of Advanced Energy Industries in the first quarter valued at about $312,000. MQS Management LLC bought a new position in shares of Advanced Energy Industries during the first quarter valued at about $574,000. Finally, Pitcairn Co. boosted its holdings in shares of Advanced Energy Industries by 3.9% during the first quarter. Pitcairn Co. now owns 4,406 shares of the electronics maker’s stock worth $449,000 after purchasing an additional 164 shares during the period. 99.67% of the stock is currently owned by institutional investors.

Advanced Energy Industries Company Profile

(Get Free Report)

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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