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Paul R. Oldham, Executive Vice President and CFO of Advanced Energy Industries Inc. (NASDAQ:AEIS), recently executed a series of transactions involving the company’s stock. On February 26, 2025, Oldham sold 1,061 shares of common stock at a price of $125 per share, totaling $132,625. This sale was conducted under a pre-established Rule 10b5-1 trading plan. The timing is notable as InvestingPro data shows the stock has declined nearly 8% over the past week, while trading at a P/E ratio of 79x.
In addition to the sale, Oldham exercised stock options to acquire 6,042 shares at a price of $85.97 per share, amounting to a transaction value of $519,430. Concurrently, he disposed of 4,981 shares through a tax withholding process related to the option exercise, valued at $622,625, also at a price of $125 per share. Despite recent insider transactions, the company has demonstrated strong market performance with a 19% return over the past year.
Following these transactions, Oldham holds 37,787 shares of Advanced Energy Industries, including both common stock and unvested restricted stock units. The company maintains a healthy financial position with a current ratio of 4.42, indicating strong liquidity, and operates with a moderate debt level at 56% of equity.
In other recent news, Advanced Energy Industries reported a strong fourth-quarter performance, surpassing earnings and revenue forecasts. The company achieved earnings per share (EPS) of $1.30, exceeding the expected $1.10, and reported revenue of $415.4 million, which was higher than the anticipated $394.1 million. This marks a significant improvement for Advanced Energy, as its full-year revenue had declined by 10% year-over-year. The company’s gross margin reached its highest level in three years at 38%. Analyst firms like Stifel and KeyBanc Capital Markets have shown continued confidence in Advanced Energy, with Stifel raising the price target to $135 and maintaining a Buy rating, while KeyBanc reiterated an Overweight rating with a $130 price target. Both firms attribute their positive outlooks to the company’s strong performance in the semiconductor equipment segment and optimistic guidance for the first quarter of 2025. Advanced Energy’s outlook suggests modest sequential growth in the second quarter, with an acceleration expected later in the year, driven by new product launches and robust demand in the data center market.
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