Advanced EnergyAEIS
Market Cap: 4.12B
About: Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in the United States, with the rest primarily from Asia and Europe.
Employees: 10,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
38% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 29
4% more funds holding
Funds holding: 289 [Q4 2023] → 300 (+11) [Q1 2024]
4.74% less ownership
Funds ownership: 107.2% [Q4 2023] → 102.46% (-4.74%) [Q1 2024]
11% less capital invested
Capital invested by funds: $4.36B [Q4 2023] → $3.89B (-$463M) [Q1 2024]
18% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 121
50% less funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 1 (-1) [Q1 2024]
70% less call options, than puts
Call options by funds: $5.3M | Put options by funds: $17.9M
Research analyst outlook
5 Wall Street Analysts provided 1 year price forecasts over the past 6 months
5 analyst ratings
Citigroup Atif Malik | 3%upside $113 | Neutral Downgraded | 15 Jul 2024 |
Citigroup Atif Malik | 3%upside $113 | Buy Maintained | 6 May 2024 |
Benchmark Mark Miller | 6%upside $117 | Buy Reiterated | 2 May 2024 |
Susquehanna Mehdi Hosseini | 18%downside $90 | Neutral Maintained | 2 May 2024 |
Wells Fargo Joe Quatrochi | 12%downside $97 | Equal-Weight Maintained | 7 Feb 2024 |