Advanced Energy Industries, Inc. (NASDAQ:AEIS – Get Free Report) EVP Elizabeth Karpinski Vonne sold 907 shares of the business’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $290.05, for a total transaction of $263,075.35. Following the completion of the transaction, the executive vice president directly owned 9,805 shares of the company’s stock, valued at $2,843,940.25. This trade represents a 8.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Elizabeth Karpinski Vonne also recently made the following trade(s):
- On Tuesday, August 18th, Elizabeth Karpinski Vonne sold 908 shares of Advanced Energy Industries stock. The shares were sold at an average price of $332.68, for a total transaction of $302,073.44.
Advanced Energy Industries Stock Performance
Shares of Advanced Energy Industries stock opened at $272.82 on Friday. The company has a market capitalization of $10.93 billion, a PE ratio of 50.90 and a beta of 1.29. Advanced Energy Industries, Inc. has a 12 month low of $144.09 and a 12 month high of $397.44. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78. The stock’s fifty day simple moving average is $312.14 and its 200 day simple moving average is $326.96.
Advanced Energy Industries Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 24th will be given a $0.10 dividend. The ex-dividend date is Monday, August 24th. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is currently 7.46%.
Analyst Ratings Changes
Several brokerages have commented on AEIS. Needham & Company LLC restated a “buy” rating and set a $400.00 target price on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. Zacks Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. Wall Street Zen raised shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Finally, Susquehanna upped their target price on shares of Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Advanced Energy Industries currently has a consensus rating of “Moderate Buy” and an average target price of $409.50.
View Our Latest Stock Report on Advanced Energy Industries
Institutional Investors Weigh In On Advanced Energy Industries
Several institutional investors have recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Advanced Energy Industries during the 2nd quarter worth approximately $27,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Advanced Energy Industries in the first quarter valued at approximately $29,000. Root Financial Partners LLC lifted its position in shares of Advanced Energy Industries by 33.3% in the first quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock worth $35,000 after purchasing an additional 27 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Advanced Energy Industries in the second quarter worth $42,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Advanced Energy Industries during the fourth quarter worth $25,000. Institutional investors own 99.67% of the company’s stock.
About Advanced Energy Industries
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.
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