Ardsley Advisory Partners LP Sells 5,000 Shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Ardsley Advisory Partners LP lowered its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 16.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,000 shares of the electronics maker's stock after selling 5,000 shares during the period. Ardsley Advisory Partners LP owned about 0.07% of Advanced Energy Industries worth $2,891,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in AEIS. Nisa Investment Advisors LLC raised its holdings in shares of Advanced Energy Industries by 1.7% during the fourth quarter. Nisa Investment Advisors LLC now owns 5,008 shares of the electronics maker's stock valued at $579,000 after acquiring an additional 85 shares in the last quarter. Integrated Investment Consultants LLC raised its holdings in Advanced Energy Industries by 2.2% in the 4th quarter. Integrated Investment Consultants LLC now owns 4,594 shares of the electronics maker's stock worth $531,000 after purchasing an additional 100 shares in the last quarter. Heritage Family Offices LLP raised its holdings in Advanced Energy Industries by 6.1% in the 4th quarter. Heritage Family Offices LLP now owns 2,019 shares of the electronics maker's stock worth $233,000 after purchasing an additional 116 shares in the last quarter. Summit Investment Advisors Inc. lifted its position in shares of Advanced Energy Industries by 3.3% in the 4th quarter. Summit Investment Advisors Inc. now owns 3,916 shares of the electronics maker's stock worth $453,000 after purchasing an additional 124 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in shares of Advanced Energy Industries by 61.6% during the 4th quarter. Russell Investments Group Ltd. now owns 354 shares of the electronics maker's stock valued at $41,000 after purchasing an additional 135 shares in the last quarter. Institutional investors own 99.67% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on AEIS shares. Wells Fargo & Company lowered their price objective on shares of Advanced Energy Industries from $115.00 to $110.00 and set an "equal weight" rating for the company in a report on Thursday, February 13th. StockNews.com cut Advanced Energy Industries from a "hold" rating to a "sell" rating in a research note on Monday, April 28th. Needham & Company LLC reduced their price target on Advanced Energy Industries from $145.00 to $135.00 and set a "buy" rating on the stock in a research note on Thursday. Robert W. Baird raised their price objective on Advanced Energy Industries from $124.00 to $132.00 and gave the company an "outperform" rating in a research report on Thursday. Finally, Citigroup upped their target price on shares of Advanced Energy Industries from $138.00 to $140.00 and gave the stock a "buy" rating in a research report on Monday. One analyst has rated the stock with a sell rating, three have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $124.67.

Insiders Place Their Bets

In other news, COO Eduardo Bernal Acebedo sold 19,309 shares of Advanced Energy Industries stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $111.61, for a total value of $2,155,077.49. Following the completion of the sale, the chief operating officer now directly owns 19,822 shares in the company, valued at $2,212,333.42. The trade was a 49.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Lanesha Minnix sold 1,600 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $129.37, for a total transaction of $206,992.00. Following the transaction, the director now directly owns 3,492 shares of the company's stock, valued at $451,760.04. The trade was a 31.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company's stock.

Advanced Energy Industries Stock Down 1.1 %

Shares of AEIS traded down $1.25 during trading hours on Monday, hitting $110.04. The company had a trading volume of 367,044 shares, compared to its average volume of 260,889. The stock has a market capitalization of $4.14 billion, a price-to-earnings ratio of 76.95, a P/E/G ratio of 1.39 and a beta of 1.50. The firm has a fifty day moving average price of $98.41 and a 200-day moving average price of $110.14. Advanced Energy Industries, Inc. has a 52-week low of $75.01 and a 52-week high of $132.16. The company has a debt-to-equity ratio of 0.47, a quick ratio of 3.27 and a current ratio of 4.42.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last issued its earnings results on Wednesday, April 30th. The electronics maker reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.26. Advanced Energy Industries had a net margin of 3.66% and a return on equity of 8.90%. The business had revenue of $404.60 million during the quarter, compared to analysts' expectations of $392.36 million. During the same period in the previous year, the company earned $0.58 earnings per share. The business's revenue for the quarter was up 23.5% compared to the same quarter last year. On average, equities research analysts forecast that Advanced Energy Industries, Inc. will post 3.66 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Saturday, May 24th will be paid a dividend of $0.10 per share. The ex-dividend date is Friday, May 23rd. This represents a $0.40 annualized dividend and a yield of 0.36%. Advanced Energy Industries's dividend payout ratio is 20.62%.

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.