Advanced Energy Industries, Inc. (NASDAQ:AEIS) Director Frederick Ball sold 4,000 shares of Advanced Energy Industries stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $83.51, for a total transaction of $334,040.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of Advanced Energy Industries, Inc. (NASDAQ AEIS) opened at $83.12 on Friday. The firm has a market cap of $3,216.60, a P/E ratio of 19.69, a PEG ratio of 1.31 and a beta of 1.36. Advanced Energy Industries, Inc. has a 12-month low of $51.56 and a 12-month high of $95.00.

Advanced Energy Industries (NASDAQ:AEIS) last issued 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 revenue was up 39.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.77 EPS. analysts forecast that Advanced Energy Industries, Inc. will post 4.24 earnings per share for the current year.

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A number of hedge funds have recently added to or reduced their stakes in AEIS. Advisory Services Network LLC grew its stake in shares of Advanced Energy Industries by 9.5% during the 2nd quarter. Advisory Services Network LLC now owns 2,161 shares of the electronics maker’s stock worth $140,000 after purchasing an additional 187 shares during the period. Meeder Asset Management Inc. grew its stake in shares of Advanced Energy Industries by 12.5% during the 2nd quarter. Meeder Asset Management Inc. now owns 2,191 shares of the electronics maker’s stock worth $141,000 after purchasing an additional 244 shares during the period. D.A. Davidson & CO. grew its stake in shares of Advanced Energy Industries by 0.7% during the 2nd quarter. D.A. Davidson & CO. now owns 2,207 shares of the electronics maker’s stock worth $142,000 after purchasing an additional 16 shares during the period. Riverhead Capital Management LLC grew its stake in shares of Advanced Energy Industries by 55.4% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,331 shares of the electronics maker’s stock worth $151,000 after purchasing an additional 831 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of Advanced Energy Industries by 57.2% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,077 shares of the electronics maker’s stock worth $168,000 after purchasing an additional 756 shares during the period. Hedge funds and other institutional investors own 92.73% of the company’s stock.

A number of research analysts recently weighed in on AEIS shares. BidaskClub upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a report on Monday, July 24th. Stifel Nicolaus assumed 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. Zacks Investment Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating and set a $93.00 price target for the company in a report on Friday, November 3rd. Needham & Company LLC boosted their price target on shares of Advanced Energy Industries from $93.00 to $97.00 and gave the stock a “buy” rating in a report on Tuesday, October 31st. Finally, KeyCorp reiterated a “hold” rating on shares of Advanced Energy Industries in a report on Sunday, October 15th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $81.60.

Advanced Energy Industries Company 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.

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

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