Insider Selling: Advanced Energy Industries (NASDAQ:AEIS) CEO Sells $15,831,000.00 in Stock

Advanced Energy Industries, Inc. (NASDAQ:AEISGet Free Report) CEO Stephen Douglas Kelley sold 50,000 shares of Advanced Energy Industries stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $316.62, for a total value of $15,831,000.00. Following the transaction, the chief executive officer owned 80,376 shares of the company’s stock, valued at $25,448,649.12. The trade was a 38.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Advanced Energy Industries Trading Down 1.2%

NASDAQ AEIS opened at $302.02 on Friday. Advanced Energy Industries, Inc. has a 12 month low of $75.01 and a 12 month high of $350.00. The stock’s fifty day moving average price is $283.28 and its 200-day moving average price is $224.08. The stock has a market cap of $11.40 billion, a P/E ratio of 79.06, a P/E/G ratio of 2.21 and a beta of 1.35.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The electronics maker reported $1.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.18. The firm had revenue of $489.40 million during the quarter, compared to analyst estimates of $473.12 million. Advanced Energy Industries had a return on equity of 15.72% and a net margin of 8.25%.Advanced Energy Industries’s quarterly revenue was up 17.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.30 EPS. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. As a group, analysts forecast that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, February 23rd were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $0.40 annualized dividend and a yield of 0.1%. Advanced Energy Industries’s payout ratio is 10.47%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Citigroup increased their price target on shares of Advanced Energy Industries from $255.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Robert W. Baird set a $315.00 price objective on shares of Advanced Energy Industries in a report on Thursday, February 12th. Bank of America increased their target price on Advanced Energy Industries from $260.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Energy Industries in a report on Monday, December 29th. Finally, Wall Street Zen upgraded Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $308.50.

Read Our Latest Analysis on AEIS

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in AEIS. Geode Capital Management LLC lifted its position in Advanced Energy Industries by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 956,979 shares of the electronics maker’s stock valued at $200,393,000 after purchasing an additional 28,549 shares during the period. Bank of America Corp DE boosted its holdings in Advanced Energy Industries by 2.2% in the second quarter. Bank of America Corp DE now owns 946,649 shares of the electronics maker’s stock worth $125,431,000 after purchasing an additional 20,573 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in Advanced Energy Industries by 18.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 719,867 shares of the electronics maker’s stock worth $122,478,000 after purchasing an additional 111,467 shares during the period. GW&K Investment Management LLC raised its stake in Advanced Energy Industries by 51.5% during the 3rd quarter. GW&K Investment Management LLC now owns 699,780 shares of the electronics maker’s stock valued at $119,062,000 after buying an additional 237,895 shares during the last quarter. Finally, Norges Bank purchased a new stake in Advanced Energy Industries during the 4th quarter valued at $123,403,000. 99.67% of the stock is owned by hedge funds and other institutional investors.

Advanced Energy Industries Company Profile

(Get Free Report)

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.

Further Reading

Insider Buying and Selling by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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