Advanced Energy Industries director Anne DelSanto sold 240 shares of the company's common stock on February 17, 2026, according to a Form 4 filed with the Securities and Exchange Commission. The sale was completed at $311.04 per share, producing a total transaction value of $74,649.
After that disposition, DelSanto retains direct ownership of 6,654 shares held through The Delsanto Family Trust. The transaction was carried out under a Rule 10b5-1 trading plan that was adopted on March 13, 2025.
Advanced Energy's stock is trading at $318.57, roughly 2% below its 52-week high of $325.69. Over the last 12 months the shares have delivered a 148% return. The company has a market capitalization of $12 billion and a price-to-earnings ratio of 83.2. Separate analysis flagged that the shares are trading above their assessed Fair Value and that the relative strength index (RSI) points to overbought conditions.
Analyst coverage remains mixed on valuation levels but has trended toward more positive near-term expectations. Analyst targets for the stock span from $300 to $375, and eight analysts have recently revised earnings estimates upward. Following the company's most recent results, some firms raised price targets.
Advanced Energy reported strong fourth-quarter 2025 results. The company posted $1.94 in earnings per share, beating the consensus forecast of $1.78. Revenue for the quarter came in at $489 million, above the projected $473.11 million. Needham responded to the results by increasing its price target on Advanced Energy to $330 from $290 and retained a Buy rating, noting an 18% year-over-year revenue increase that topped guidance and consensus, which called for roughly 14% growth.
TD Cowen also raised its price target, moving it to $300 from $210, while keeping a Hold rating; the firm attributed the upward revision in part to strength in the semiconductor market. Both firms indicated that the company's outlook has been lifted with expectations for continued strength in the second half of the year.
Context and implications
The insider sale was completed within the framework of a preexisting 10b5-1 plan, a mechanism commonly used to schedule trading and mitigate concerns about opportunistic timing. At the same time, the company has posted financial results that exceeded Wall Street expectations, prompting some analysts to lift their targets and to revise earnings forecasts higher.
Investors weighing the recent insider activity will see it alongside valuation metrics that signal a premium multiple and technical indicators that suggest short-term overbought conditions. The reported analyst revisions and price-target increases reflect improved near-term fundamentals, notably driven by semiconductor demand, according to the firms cited.