Advanced energy director DelSanto sells $34k in shares

Published 16/07/2025, 22:04
Advanced energy director DelSanto sells $34k in shares

Director Anne DelSanto of Advanced Energy Industries Inc (NASDAQ:AEIS), a $5.2 billion market cap company, sold 240 shares of common stock on July 15, 2025, at a price of $143.27, for a total value of $34,384. The transaction occurred as the stock trades near its 52-week high of $144.54, having gained over 20% year-to-date. According to InvestingPro, the company shows strong momentum with multiple positive indicators.

Following the transaction, Ms. DelSanto indirectly owns 8334 shares through The Delsanto Family Trust.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 13, 2025. The filing was signed by Elizabeth Vonne, Attorney-in-Fact, on July 16, 2025.

In other recent news, Advanced Energy Industries reported strong financial results for the first quarter of 2025, exceeding analysts’ expectations. The company achieved an earnings per share (EPS) of $1.23, surpassing the forecasted $0.99, and reported revenue of $405 million, which was higher than the anticipated $392.36 million. This marks a 24% year-over-year revenue growth, driven by strong demand in the semiconductor and data center markets. Additionally, Advanced Energy is closing its last factory in China as part of its efforts to improve operational efficiency.

Stifel analysts have adjusted their financial outlook for Advanced Energy, reducing the price target to $130 from $135 while maintaining a Buy rating. This adjustment follows the company’s recent earnings report and guidance for the second quarter, which surpassed market expectations. Advanced Energy anticipates continued growth in the semiconductor and data center markets, with expectations of a recovery in the industrial and medical sectors. The company also projects revenue between $400 million and $440 million for the second quarter, with a gross margin of approximately 38%.

Stifel’s analysis suggests that Advanced Energy is well-positioned to gain market share, driven by the adoption of its novel plasma power products. Despite the adjustment in the price target due to a broader decline in technology sector valuations, Stifel reaffirms its positive stance on Advanced Energy’s stock. The company’s strategic initiatives, including factory consolidation and new product introductions, are expected to bolster future margins and support growth in key markets.

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