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Insider Trends: Insider Buying Added to with Purchase of Advanced Energy Industries Shares

05/11/2021 14:16

06:07 PM EDT, 05/11/2021 (MT Newswires) -- Stephen Douglas Kelley, Director and President & CEO, bought 5,850 shares in Advanced Energy Industries (AEIS) on May 11, 2021, for $497,250. Subsequent to the Form 4 filing with the SEC, Kelley owns 27,902 shares of the company, which have a market value of $2.39 million as of the prior-day closing price.

Over the last 90 days, prior to the date of this filing, there have been 30 insider transactions reported to the SEC for Advanced Energy Industries. These transactions came from the activities of 14 separate insiders that resulted in a net acquisition of 71,588 company shares. Relative to the preceding 90-day window of time, there were 3 transactions from 2 insiders that resulted in the net disposition of 8,783 shares.

This level of insider transactions is below that of the peer group average in the 82-company Semiconductors peer group over the last 90-day period. Peer group activity averaged 181.2 transactions per company, and disposition of 9,394 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/927003/000120919121031824/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.