GSA Capital Partners LLP Has $1.25 Million Holdings in Advanced Energy Industries, Inc. (AEIS)

GSA Capital Partners LLP lessened its holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 47.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 15,532 shares of the electronics maker’s stock after selling 13,911 shares during the period. GSA Capital Partners LLP’s holdings in Advanced Energy Industries were worth $1,254,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Advisory Services Network LLC lifted its holdings in shares of Advanced Energy Industries by 9.5% in the 2nd quarter. Advisory Services Network LLC now owns 2,161 shares of the electronics maker’s stock valued at $140,000 after acquiring an additional 187 shares during the last quarter. D.A. Davidson & CO. lifted its stake in Advanced Energy Industries by 0.7% in the second 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 last quarter. Riverhead Capital Management LLC lifted its stake in Advanced Energy Industries by 55.4% in the second 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 last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its stake in Advanced Energy Industries by 57.2% in the third 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 last quarter. Finally, Pacad Investment Ltd. bought a new stake in Advanced Energy Industries in the second quarter worth about $188,000. Institutional investors and hedge funds own 94.29% of the company’s stock.

In other news, CEO Yuval Wasserman sold 23,000 shares of Advanced Energy Industries stock in a transaction on Thursday, October 12th. The shares were sold at an average price of $85.00, for a total transaction of $1,955,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Grant H. Beard sold 10,000 shares of Advanced Energy Industries stock in a transaction on Friday, December 8th. The stock was sold at an average price of $71.86, for a total transaction of $718,600.00. The disclosure for this sale can be found here. Insiders sold 52,859 shares of company stock worth $4,409,311 over the last ninety days. Corporate insiders own 1.13% of the company’s stock.

Advanced Energy Industries, Inc. (NASDAQ:AEIS) opened at $70.50 on Friday. The stock has a market cap of $2,817.26, a P/E ratio of 17.24, a P/E/G ratio of 1.39 and a beta of 1.29. Advanced Energy Industries, Inc. has a 1-year low of $53.79 and a 1-year 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 (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.17 by $0.02. Advanced Energy Industries had a net margin of 33.76% and a return on equity of 35.56%. The company had revenue of $176.60 million for the quarter, compared to analyst estimates of $165.77 million. During the same period last year, the company posted $0.77 earnings per share. Advanced Energy Industries’s revenue was up 39.5% compared to the same quarter last year. analysts anticipate that Advanced Energy Industries, Inc. will post 4.26 EPS for the current fiscal year.

AEIS has been the subject of several analyst reports. ValuEngine downgraded shares of Advanced Energy Industries from a “buy” rating to a “hold” rating in a research note on Thursday, November 30th. Zacks Investment Research raised 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 research note on Friday, November 3rd. Needham & Company LLC lifted their price target on shares of Advanced Energy Industries from $93.00 to $97.00 and gave the company a “buy” rating in a research note on Tuesday, October 31st. KeyCorp reaffirmed a “hold” rating on shares of Advanced Energy Industries in a research note on Sunday, October 15th. Finally, BidaskClub downgraded shares of Advanced Energy Industries from a “hold” rating to a “sell” rating in a research note on Thursday, December 14th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Advanced Energy Industries has an average rating of “Hold” and an average price target of $81.60.

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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.

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

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