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

Advanced Energy Industries, Inc. (NASDAQ:AEIS - Get Free Report) 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 transaction of $14,058.52. Following the completion of the transaction, the director now directly owns 5,056 shares of the company's stock, valued at approximately $480,269.44. The sale was disclosed in a document filed with the SEC, 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 transaction 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 transaction of $14,999.80.

Advanced Energy Industries Stock Down 0.5 %

AEIS stock traded down $0.45 during trading on Thursday, hitting $95.63. 431,279 shares of the company's stock traded hands, compared to its average volume of 216,727. The firm has a market capitalization of $3.57 billion, a P/E ratio of 27.26, a PEG ratio of 3.36 and a beta of 1.54. The business has a fifty day simple moving average of $97.90 and a two-hundred day simple moving average of $99.15. The company has a quick ratio of 4.10, a current ratio of 5.10 and a debt-to-equity ratio of 0.78. Advanced Energy Industries, Inc. has a 1 year low of $81.86 and a 1 year high of $126.38.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its quarterly earnings results on Tuesday, February 6th. The electronics maker reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.10. The business had revenue of $405.27 million for the quarter, compared to analyst estimates of $407.66 million. Advanced Energy Industries had a net margin of 7.75% and a return on equity of 14.32%. Sell-side 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 declared a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Monday, May 27th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date of this dividend is Thursday, May 23rd. Advanced Energy Industries's payout ratio is presently 11.76%.

Hedge Funds Weigh In On Advanced Energy Industries

A number of large investors have recently made changes to their positions in AEIS. Rise Advisors LLC acquired a new position in shares of Advanced Energy Industries during the first quarter worth $25,000. Parallel Advisors LLC increased its position in shares of Advanced Energy Industries by 78.2% in the 4th quarter. Parallel Advisors LLC now owns 351 shares of the electronics maker's stock valued at $38,000 after acquiring an additional 154 shares during the period. Exchange Traded Concepts LLC acquired a new position in shares of Advanced Energy Industries in the 3rd quarter valued at $48,000. Signaturefd LLC increased its position in shares of Advanced Energy Industries by 52.3% in the 4th quarter. Signaturefd LLC now owns 609 shares of the electronics maker's stock valued at $66,000 after acquiring an additional 209 shares during the period. Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of Advanced Energy Industries in the 3rd quarter valued at $85,000. 99.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. 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 note on Wednesday, February 7th. Needham & Company LLC reissued 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 note on Thursday. Finally, Susquehanna decreased their price objective on shares of Advanced Energy Industries from $95.00 to $90.00 and set a "neutral" rating for the company in a research note on Thursday. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $111.86.

About Advanced Energy Industries

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.