AEIS Advanced Energy Industries Dashboard

Advanced Energy Industries, Inc. engages in the provision of precision power conversion, measurement, and control solutions. It offers products used in complex semiconductor and thin film plasma processes such as dry etch, strip, chemical and physical deposition; high and low voltage applications such as process control, analytical instrumentation and medical equipment; and in temperature-critical thermal applications such as material and chemical processing. The company was founded by Douglas S. Schatz in 1981 and is headquartered in Fort Collins, CO.

Company profile

Ticker

AEIS

Exchange

NASDAQ

Website

www.advancedenergy.com/

CEO

Yuval Wasserman

Incorporated

Delaware

Location

Colorado

Fiscal year end

Dec 31

Sector

Manufacturing > Semiconductor and Related Device Manufacturing

Industry (SIC)

Electronic Components, NEC

Varex Imaging • Vicor • Nortech Systems • Microvision • Impinj • Espey Manufacturing & Electronics • LGL • Bonso Electronics International • Inrad Optics • Ault Global ...

SEC CIK

0000927003

Corporate docs

Articles of Incorporation & Bylaws

IRS number

840846841

AEIS stock data

S&P 500

1M 1Y 2Y 5Y

News

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Raymond James Maintains Outperform on Advanced Energy Indus, Raises Price Target to $133

8 Apr 21

Raymond James maintains Advanced Energy Indus (NASDAQ:AEIS) with a Outperform and raises the price target from $130 to $133.

Advanced Energy Unveils 48-Volt DC-Input Power Supply For Telecom. Computing Applications

2 Mar 21

Advanced Energy Unveils 48-Volt DC-Input Power Supply for Telecom and Computing Applications Designed to provide high power in a small form factor, the new CSU2000ADC-3 is the industry's only carrier-grade DC-input

Citigroup Maintains Neutral on Advanced Energy Indus, Lowers Price Target to $120

11 Feb 21

Citigroup analyst Amanda Scarnati maintains Advanced Energy Indus (NASDAQ:AEIS) with a Neutral and lowers the price target from $130 to $120.

Advanced Energy Beats On Q4 Earnings, Names New CEO

10 Feb 21

Recap: Advanced Energy Indus Q4 Earnings

10 Feb 21

Press releases

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Advanced Energy to Participate at Five Upcoming Investor Conferences

1 Mar 21

Advanced Energy Industries, Inc. (NASDAQ:AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, announced today that it will be participating at five upcoming virtual

Advanced Energy Announces Retirement of President & CEO Yuval Wasserman and Appoints Stephen D. Kelley as Successor

10 Feb 21

Steve Kelley will become Advanced Energy's new president & CEO on March 1 Yuval Wasserman will remain as an executive advisor to the board and the new CEO through March 31, 2022 Advanced Energy Industries, Inc.

Advanced Energy Announces Fourth Quarter and Full Year 2020 Results

10 Feb 21

Q4 revenue was $371 million, above the guidance midpoint of $360 million Fiscal 2020 revenue was $1.416 billion, up 79% over 2019 Q4 GAAP EPS from continuing operations was $1.09; non-GAAP EPS was $1.49, at the

Advanced Energy Declares Quarterly Cash Dividend

3 Feb 21

Advanced Energy to Announce Fourth Quarter and Full Year 2020 Results on February 10

27 Jan 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

23 Feb 21

13 Apr 21

31 Dec 21

Financial summary

Financial statements Chart AEIS financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
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Cost of revenue
Operating income
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Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
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Financial data from company earnings reports.

Recent insider trades

AEIS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 Mar 21	Paul R Oldham	Common Stock	Payment of exercise	Dispose F	No	No	105.26	1,060	111.58K	23,525
3 Mar 21	Dana Edward Huth	Common Stock	Payment of exercise	Dispose F	No	No	105.26	664	69.89K	12,569
3 Mar 21	Thomas O Mcgimpsey	Common Stock	Payment of exercise	Dispose F	No	No	105.26	795	83.68K	42,028

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

AEIS institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

96.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	286	252	+13.5%
Opened positions	60	50	+20.0%
Closed positions	26	29	-10.3%
Increased positions	87	79	+10.1%
Reduced positions	101	87	+16.1%

13F shares	Current	Prev Q	Change
Total value	3.87B	2.31B	+67.3%
Total shares	37.14M	36.75M	+1.1%
Total puts	50.8K	92.7K	-45.2%
Total calls	50.8K	37.2K	+36.6%
Total put/call ratio	1.0	2.5	-59.9%

Largest owners	Shares	Value	Change
BLK Blackrock	5.69M	$552.17M	+3.3%
Vanguard	4.07M	$394.98M	+1.2%
AMP Ameriprise Financial	2.66M	$257.91M	-9.7%
FMR	1.85M	$179.36M	-0.1%
Victory Capital Management	1.22M	$117.9M	-13.5%
Earnest Partners	1.19M	$114.93M	-0.8%
STT State Street	1.13M	$109.86M	+0.5%
Loomis Sayles & Co L P	1.03M	$100.01M	+3.1%
Dimensional Fund Advisors	879.87K	$85.32M	-9.8%
Aristotle Capital Boston	803.91K	$77.96M	-13.8%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	481.78K	+481.78K	NEW
BEN Franklin Resources	0	-406.28K	EXIT
AMP Ameriprise Financial	2.66M	-286.07K	-9.7%
Thrivent Financial For Lutherans	550.2K	+262.01K	+90.9%
IVZ Invesco	749K	+244.26K	+48.4%
First Trust Advisors	377.44K	+201.43K	+114.4%
Victory Capital Management	1.22M	-189.41K	-13.5%
BLK Blackrock	5.69M	+184.44K	+3.3%
Massachusetts Financial Services	703.56K	+165.51K	+30.8%
Aristotle Capital Boston	803.91K	-128.23K	-13.8%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Crane • Flex • MKS Instruments • ABB • Murata Manufacturing • International

Management Discussion

Total sales for the year ended December 31, 2020 increased $626.9 million, or 79.5% to $1,415.8 million from $788.9 million for the year ended December 31, 2019. Revenue in 2020 benefited from $670.8 million in inorganic sales from the acquisition of Artesyn. Organic sales in 2020 increased $176.4 million primarily due to increased demand in the Semiconductor Equipment market offset by lower sales of our industrial thin film products due to a weaker overall macroeconomic environment and the impact of COVID-19. Sales in 2019 include $220.3 million in sales from our acquisition of Artesyn.
In 2020, sales to the Semiconductor Equipment market increased $208.8 million, or 51.8% to $611.9 million from $403.0 million in 2019. The increase in sales during 2020 is primarily due to an overall increase in demand for semiconductor equipment used in deposition and etch applications, increasing power content in semiconductor manufacturing tools, and market share gains in RF match and remote plasma sources.
Sales to the Industrial and Medical market increased $67.7 million, or 27.5% to $313.6 million in 2020 from $246.0 million in 2019. Our customers in this market are primarily global and regional original equipment and device manufacturers. Inorganic growth contributed $97.9 million in 2020, while organic sales in the Industrial and Medical market decreased $30.3 million, or 17.9%. The increase in inorganic sales is primarily due to inclusion of full year results for Artesyn in 2020 compared to a partial year during 2019. The decrease in organic sales was primarily due to slowing macroeconomic conditions, the impact of COVID-19 on global manufacturing, and lower demand in the consumer hard coating and flat panel display markets impacting our thin film deposition markets, partially offset by growth in medical and other embedded power products.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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From filing 10-K 2020 FY