Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Advanced Energy Industries Inc. shares valued at $16,055 were sold by DelSanto Anne on Jul 01 ’24. At $108.48 per share, DelSanto Anne sold 148 shares. The insider’s holdings dropped to 7,017 shares worth approximately $0.76 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, DelSanto Anne sold 148 shares, netting a total of over 16,055 in proceeds. Following the sale of shares at $108.48 each, the insider now holds 7,165 shares.
Before that, DelSanto Anne had sold 148 shares from its account. In a trade valued at $14,059, the Director traded Advanced Energy Industries Inc. shares for $94.99 each. Upon closing the transaction, the insider’s holdings decreased to 148 shares, worth approximately $0.54 million.
As published in their initiating research note from Seaport Research Partners on December 06, 2023, Advanced Energy Industries Inc. [AEIS] has been a Neutral. Analysts at BofA Securities started covering the stock with ‘”a Neutral”‘ outlook in a report released in late November. As of November 21, 2023, Wells Fargo has initiated its “an Equal weight” rating for AEIS. Earlier on June 14, 2023, Needham downgraded its rating. Their new recommendation was “a Hold” for AEIS stock which previously was a “a Buy”.
Analyzing AEIS Stock Performance
During the last five days, there has been a drop of approximately -0.09%. Over the course of the year, Advanced Energy Industries Inc. shares have dropped approximately -1.20%. Shares of the company reached a 52-week high of $111.73 on 06/28/24 and a 52-week low of $89.11 on 04/19/24. A 50-day SMA is recorded $104.57, while a 200-day SMA reached $100.62. Nevertheless, trading volume fell to 91311.0 shares from 0.22 million shares the previous day.
Support And Resistance Levels for Advanced Energy Industries Inc. (AEIS)
According to the 24-hour chart, there is a support level at 106.19, which, if violated, would cause prices to drop to 105.42. In the upper region, resistance lies at 107.58. The next price resistance is at 108.20. RSI (Relative Strength Index) is 52.14 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.51, which suggests the price will decrease in the coming days. Percent R is at 75.04%, indicating bearish price movement. Stochastics%K at holding indicates that the stock is to be held.
