Swiss National Bank lifted its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 1.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,400 shares of the electronics maker’s stock after acquiring an additional 1,100 shares during the period. Swiss National Bank owned about 0.17% of Advanced Energy Industries worth $4,295,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. DekaBank Deutsche Girozentrale acquired a new stake in shares of Advanced Energy Industries during the 1st quarter valued at approximately $130,000. First Trust Advisors LP increased its position in Advanced Energy Industries by 1.5% in the first quarter. First Trust Advisors LP now owns 80,298 shares of the electronics maker’s stock worth $5,505,000 after buying an additional 1,215 shares during the period. Bank of New York Mellon Corp increased its position in Advanced Energy Industries by 4.3% in the first quarter. Bank of New York Mellon Corp now owns 558,267 shares of the electronics maker’s stock worth $38,275,000 after buying an additional 22,789 shares during the period. Shelton Capital Management increased its position in Advanced Energy Industries by 13.5% in the first quarter. Shelton Capital Management now owns 16,400 shares of the electronics maker’s stock worth $1,124,000 after buying an additional 1,957 shares during the period. Finally, Thrivent Financial For Lutherans increased its position in Advanced Energy Industries by 3.6% in the first quarter. Thrivent Financial For Lutherans now owns 22,270 shares of the electronics maker’s stock worth $1,527,000 after buying an additional 780 shares during the period. 92.20% of the stock is currently owned by institutional investors and hedge funds.

Shares of Advanced Energy Industries, Inc. (NASDAQ AEIS) opened at 76.14 on Friday. Advanced Energy Industries, Inc. has a 12 month low of $45.47 and a 12 month high of $86.25. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of 19.34 and a beta of 1.35. The firm has a 50-day moving average price of $72.37 and a 200 day moving average price of $71.67.

Advanced Energy Industries (NASDAQ:AEIS) last posted its earnings results on Monday, July 31st. The electronics maker reported $1.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.07 by $0.15. The business had revenue of $165.95 million during the quarter, compared to the consensus estimate of $155.72 million. Advanced Energy Industries had a return on equity of 36.19% and a net margin of 27.42%. Advanced Energy Industries’s revenue was up 39.7% on a year-over-year basis. During the same quarter last year, the company earned $0.73 EPS. On average, analysts anticipate that Advanced Energy Industries, Inc. will post $4.59 EPS for the current fiscal year.

In related news, Director Thomas M. Rohrs sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, July 3rd. The stock was sold at an average price of $64.87, for a total transaction of $259,480.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Yuval Wasserman sold 11,744 shares of the firm’s stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $75.09, for a total value of $881,856.96. Following the transaction, the chief executive officer now owns 127,396 shares of the company’s stock, valued at approximately $9,566,165.64. The disclosure for this sale can be found here. Insiders have sold a total of 31,744 shares of company stock valued at $2,319,577 in the last 90 days. 1.13% of the stock is owned by corporate insiders.

Several brokerages have weighed in on AEIS. BidaskClub lowered Advanced Energy Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Stifel Nicolaus began coverage on Advanced Energy Industries in a research report on Wednesday, August 23rd. They issued a “hold” rating and a $74.00 target price on the stock. Zacks Investment Research lowered Advanced Energy Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Finally, ValuEngine raised Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $72.60.

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Advanced Energy Industries Profile

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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