Nucor earnings beat by $0.08, revenue fell short of estimates
Director Anne DelSanto of Advanced Energy Industries Inc (NASDAQ:AEIS) sold 240 shares of common stock on June 16, 2025, at a price of $124.39, for a total transaction value of $29,853. The transaction comes as AEIS trades near its 52-week high of $132.16, with analysts setting price targets between $98 and $140. According to InvestingPro analysis, the company appears to be trading above its Fair Value.
Following the transaction, DelSanto directly owns 8574 shares through The Delsanto Family Trust.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 13, 2025.
In other recent news, Advanced Energy Industries reported strong financial results for the first quarter of 2025, surpassing analysts’ expectations. The company’s earnings per share (EPS) reached $1.23, significantly exceeding the projected $0.99, while revenue hit $405 million, outperforming the anticipated $392.36 million. Despite the positive earnings, Stifel analysts adjusted their financial outlook for Advanced Energy, reducing the price target to $130 from $135 but maintaining a Buy rating. This adjustment comes as Advanced Energy continues to demonstrate robust sales in the semiconductor and data center markets, offsetting weaker industrial and medical segments. The company is also closing its last factory in China as part of operational efficiency improvements. Looking ahead, Advanced Energy projects second-quarter revenue between $400 million and $440 million, with a gross margin of approximately 38%. The firm anticipates continued growth in semiconductor and data center markets, supported by the accelerated adoption of its novel plasma power products. Stifel’s analysis suggests that these developments validate their hypothesis that Advanced Energy will gain market share, despite broader technology sector valuation declines.
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