Insider Sell: Lanesha Minnix Sells Shares of Advanced Energy Industries Inc (AEIS)

Author's Avatar
Nov 21, 2024
Article's Main Image

On November 19, 2024, Lanesha Minnix, a Director at Advanced Energy Industries Inc (AEIS, Financial), sold 1,000 shares of the company. Following this transaction, the insider now owns 5,092 shares of the company. The details of this transaction can be found in the SEC Filing. Advanced Energy Industries Inc (AEIS) is a company that designs and manufactures highly engineered, precision power conversion, measurement, and control solutions for mission-critical applications and processes. The company's products enable innovation in complex applications for a wide range of industries, including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing, and medical. 1859399359234469888.png The insider transaction history for Advanced Energy Industries Inc shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 14 insider sells over the same timeframe. Over the past year, Lanesha Minnix has sold 1,000 shares in total and purchased 0 shares in total. On the day of the recent sale, shares of Advanced Energy Industries Inc were trading for $111.72 apiece. This gives the stock a market cap of $4.173 billion. The price-earnings ratio is 97.17, which is higher than the industry median of 25 and higher than the company’s historical median price-earnings ratio. 1859399397276807168.png With a price of $111.72 and a GuruFocus Value of $85.34, Advanced Energy Industries Inc has a price-to-GF-Value ratio of 1.31. This means the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors: - Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at. - A GuruFocus adjustment factor based on the company’s past returns and growth. - Future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.