Royce & Associates LP lowered its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 32.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 251,940 shares of the electronics maker’s stock after selling 119,445 shares during the period. Royce & Associates LP owned 0.64% of Advanced Energy Industries worth $20,347,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. grew its position in shares of Advanced Energy Industries by 0.7% during the second quarter. D.A. Davidson & CO. now owns 2,207 shares of the electronics maker’s stock worth $142,000 after acquiring an additional 16 shares during the last quarter. US Bancorp DE grew its position in shares of Advanced Energy Industries by 0.4% during the second quarter. US Bancorp DE now owns 5,136 shares of the electronics maker’s stock worth $332,000 after acquiring an additional 18 shares during the last quarter. Alps Advisors Inc. grew its position in shares of Advanced Energy Industries by 0.3% during the second quarter. Alps Advisors Inc. now owns 7,205 shares of the electronics maker’s stock worth $466,000 after acquiring an additional 19 shares during the last quarter. Teacher Retirement System of Texas grew its position in shares of Advanced Energy Industries by 1.1% during the second quarter. Teacher Retirement System of Texas now owns 3,174 shares of the electronics maker’s stock worth $205,000 after acquiring an additional 34 shares during the last quarter. Finally, Ameritas Investment Partners Inc. grew its position in shares of Advanced Energy Industries by 2.2% during the second quarter. Ameritas Investment Partners Inc. now owns 3,487 shares of the electronics maker’s stock worth $225,000 after acquiring an additional 75 shares during the last quarter. Institutional investors and hedge funds own 94.35% of the company’s stock.

In other Advanced Energy Industries news, EVP Thomas O. Mcgimpsey sold 5,190 shares of the company’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $85.06, for a total value of $441,461.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frederick Ball sold 4,000 shares of the company’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $83.51, for a total transaction of $334,040.00. The disclosure for this sale can be found here. Insiders sold a total of 54,603 shares of company stock valued at $4,572,568 over the last three months. 1.13% of the stock is owned by corporate insiders.

Shares of Advanced Energy Industries, Inc. (AEIS) opened at $70.44 on Monday. The firm has a market cap of $2,793.46, a PE ratio of 17.10, a P/E/G ratio of 1.13 and a beta of 1.29. Advanced Energy Industries, Inc. has a 1-year low of $52.12 and a 1-year high of $95.00.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings data on Monday, October 30th. The electronics maker reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.02. The business had revenue of $176.60 million during the quarter, compared to the consensus estimate of $165.77 million. Advanced Energy Industries had a net margin of 33.76% and a return on equity of 35.56%. The company’s quarterly revenue was up 39.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.77 earnings per share. research analysts predict that Advanced Energy Industries, Inc. will post 4.26 earnings per share for the current fiscal year.

Several equities analysts have recently commented on AEIS shares. Zacks Investment Research lowered shares of Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. ValuEngine lowered shares of Advanced Energy Industries from a “buy” rating to a “hold” rating in a research report on Friday, October 27th. KeyCorp reaffirmed a “hold” rating on shares of Advanced Energy Industries in a report on Sunday, October 15th. Needham & Company LLC reaffirmed a “buy” rating on shares of Advanced Energy Industries in a report on Friday, October 13th. Finally, Stifel Nicolaus initiated coverage on shares of Advanced Energy Industries in a report on Wednesday, August 23rd. They issued a “hold” rating and a $74.00 price objective for the company. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $81.60.

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About Advanced Energy Industries

Advanced Energy Industries, Inc is a provider of engineered, precision power conversion, measurement and control solutions. The Company is engaged in designing, manufacturing, selling and supporting its power conversion products and solutions that transform power into various forms in various applications ranging from manufacturing and industrial processes to instrumentation, and test and measurement.

Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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