The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Advanced Energy Industries Inc shares valued at $210,312 were sold by Donikowski Tina on Nov 26 ’24. At $116.84 per share, Donikowski Tina sold 1,800 shares. The insider’s holdings dropped to 8,412 shares worth approximately $1.0 million following the completion of this transaction.
Also, Donikowski Tina purchased 1,800 shares, netting a total of over 210,312 in proceeds.
Before that, Minnix Lanesha had sold 1,000 shares from its account. In a trade valued at $111,720, the Director traded Advanced Energy Industries Inc shares for $111.72 each. Upon closing the transaction, the insider’s holdings decreased to 1,000 shares, worth approximately $0.6 million.
As published in a research note from Needham on January 07, 2025, Advanced Energy Industries Inc [AEIS] has been rated up from a Hold to a Buy and the price target has been revised to $145. Analysts at Citigroup upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of December 16, 2024, BofA Securities has increased its “Neutral” rating to a “Buy” for AEIS. Earlier on October 31, 2024, TD Cowen resumed its rating. Their recommendation was “a Hold” for AEIS stock.
Analyzing AEIS Stock Performance
During the last five days, there has been a surge of approximately 2.63%. Over the course of the year, Advanced Energy Industries Inc shares have jumped approximately 2.63%. Shares of the company reached a 52-week high of $128.70 on 01/07/25 and a 52-week low of $113.71 on 01/02/25. A 50-day SMA is recorded $115.24, while a 200-day SMA reached $106.82. Nevertheless, trading volume fell to 0.27 million shares from 0.36 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 116.43, which, if violated, would cause prices to drop to 114.20. In the upper region, resistance lies at 122.22. The next price resistance is at 125.78. RSI (Relative Strength Index) is 52.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.94, which suggests the price will increase in the coming days. Percent R is at 57.22%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
