Advanced Energy Industries, Inc. (NASDAQ:AEIS) Director Sells $14,058.52 in Stock

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

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

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

Advanced Energy Industries Trading Up 2.5 %

NASDAQ:AEIS opened at $97.99 on Friday. The firm has a market cap of $3.67 billion, a P/E ratio of 36.03, a PEG ratio of 3.35 and a beta of 1.54. The company has a current ratio of 5.61, 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’s 50 day simple moving average is $97.79 and its 200-day simple moving average is $99.13.

Advanced Energy Industries (NASDAQ:AEIS) last issued its earnings results on Wednesday, May 1st. The electronics maker reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.09). The firm had revenue of $327.50 million during the quarter, compared to analysts’ expectations of $351.74 million. Advanced Energy Industries had a net margin of 6.58% and a return on equity of 11.65%. The firm’s revenue was down 22.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.10 EPS. Equities analysts anticipate that Advanced Energy Industries, Inc. will post 2.88 EPS for the current year.

Advanced Energy Industries Announces Dividend

The firm 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 dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date is Thursday, May 23rd. Advanced Energy Industries’s dividend payout ratio (DPR) is 14.71%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Needham & Company LLC restated a “hold” rating on shares of Advanced Energy Industries in a research note on Thursday. Benchmark reissued a “buy” rating and issued a $117.00 price objective on shares of Advanced Energy Industries in a research report on Thursday. Wells Fargo & Company decreased their price objective on shares of Advanced Energy Industries from $108.00 to $97.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 7th. StockNews.com downgraded shares of Advanced Energy Industries from a “hold” rating to a “sell” rating in a research note on Thursday. Finally, Susquehanna cut their price target on Advanced Energy Industries from $95.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday. One research analyst has rated the stock with a sell rating, five have issued 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 price target of $111.86.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. GSA Capital Partners LLP purchased a new position in shares of Advanced Energy Industries in the 1st quarter valued at about $799,000. Central Pacific Bank Trust Division purchased a new stake in shares of Advanced Energy Industries during the 1st quarter worth approximately $114,000. FORA Capital LLC boosted its stake in shares of Advanced Energy Industries by 26.6% during the 1st quarter. FORA Capital LLC now owns 4,973 shares of the electronics maker’s stock worth $507,000 after acquiring an additional 1,045 shares in the last quarter. Capstone Investment Advisors LLC acquired a new stake in shares of Advanced Energy Industries in the 1st quarter worth approximately $1,197,000. Finally, Janney Montgomery Scott LLC increased its stake in Advanced Energy Industries by 37.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 3,497 shares of the electronics maker’s stock valued at $357,000 after purchasing an additional 954 shares in the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.

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.