Cortina Asset Management Raised By $1.13 Million Its Advanced Energy Industries (AEIS) Holding; Unico American (UNAM) Shorts Decreased By 15.07%

May 16, 2018 - By Richard Conner

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Logo

Unico American Corporation (NASDAQ:UNAM) had a decrease of 15.07% in short interest. UNAM’s SI was 6,200 shares in May as released by FINRA. Its down 15.07% from 7,300 shares previously. With 4,500 avg volume, 1 days are for Unico American Corporation (NASDAQ:UNAM)’s short sellers to cover UNAM’s short positions. The SI to Unico American Corporation’s float is 0.3%. The stock decreased 4.64% or $0.35 during the last trading session, reaching $7.2. About 4,774 shares traded or 63.83% up from the average. Unico American Corporation (NASDAQ:UNAM) has declined 26.34% since May 16, 2017 and is downtrending. It has underperformed by 37.89% the S&P500.

Cortina Asset Management Llc increased Advanced Energy Industries (AEIS) stake by 7.32% reported in 2017Q4 SEC filing. Cortina Asset Management Llc acquired 16,928 shares as Advanced Energy Industries (AEIS)’s stock declined 10.34%. The Cortina Asset Management Llc holds 248,270 shares with $16.75 million value, up from 231,342 last quarter. Advanced Energy Industries now has $2.61B valuation. The stock increased 1.95% or $1.27 during the last trading session, reaching $66.29. About 189,325 shares traded. Advanced Energy Industries, Inc. (NASDAQ:AEIS) has declined 4.98% since May 16, 2017 and is downtrending. It has underperformed by 16.53% the S&P500.

Unico American Corporation, through its subsidiaries, underwrites property and casualty insurance in Arizona, California, Nevada, Oregon, and Washington. The company has market cap of $38.21 million. The firm provides property, casualty, health, and life insurance products, as well as insurance premium financing and membership association services. It currently has negative earnings. The Company’s commercial property coverage insures against loss or damage to buildings, inventory, and equipment from natural disasters, including hurricanes, windstorms, hail, water, explosions, and severe winter weather, as well as other events, such as theft and vandalism, fires, storms, and financial loss due to business interruption resulting from covered property damage.

Another recent and important Unico American Corporation (NASDAQ:UNAM) news was published by Businesswire.com which published an article titled: “Unico American Corporation Reports First Quarter 2018 Financial Results” on May 15, 2018.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.25, from 0.75 in 2017Q3. It worsened, as 1 investors sold Unico American Corporation shares while 3 reduced holdings. 2 funds opened positions while 0 raised stakes. 1.42 million shares or 1.86% less from 1.45 million shares in 2017Q3 were reported. Dimensional Fund Advisors L P reported 0% of its portfolio in Unico American Corporation (NASDAQ:UNAM). California Public Employees Retirement System, a California-based fund reported 13,300 shares. Brandywine Glob Mgmt Limited Liability Com has 22,300 shares. Tower Research Cap Llc (Trc) has 19 shares for 0% of their portfolio. Royal Commercial Bank Of Canada reported 13,562 shares. Schwartz Inv Counsel holds 0.19% of its portfolio in Unico American Corporation (NASDAQ:UNAM) for 383,467 shares. Renaissance Technologies Ltd Llc owns 15,800 shares for 0% of their portfolio. Biglari reported 527,100 shares. Moreover, Blackrock has 0% invested in Unico American Corporation (NASDAQ:UNAM) for 1,030 shares. Morgan Stanley stated it has 101 shares.

Since December 8, 2017, it had 0 buys, and 2 insider sales for $4.18 million activity. The insider BEARD GRANT H sold 10,000 shares worth $718,585. The insider WASSERMAN YUVAL sold $3.47M.

More notable recent Advanced Energy Industries, Inc. (NASDAQ:AEIS) news were published by: Globenewswire.com which released: “Advanced Energy to Attend JP Morgan Global TMC Conference” on May 10, 2018, also Globenewswire.com with their article: “Advanced Energy Announces First Quarter 2018 Results” published on April 30, 2018, Globenewswire.com published: “Tina M. Donikowski Joins Advanced Energy Board of Directors” on May 04, 2018. More interesting news about Advanced Energy Industries, Inc. (NASDAQ:AEIS) were released by: Businesswire.com and their article: “Advanced Energy Signs Distribution Agreement with Mouser Electronics to Enhance Customer New Product …” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Advanced Energy Industries’ (AEIS) CEO Yuval Wasserman on Q1 2018 Results – Earnings Call Transcript” with publication date: May 01, 2018.

Among 11 analysts covering Advanced Energy Industries Inc. (NASDAQ:AEIS), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Advanced Energy Industries Inc. had 26 analyst reports since August 5, 2015 according to SRatingsIntel. Needham maintained it with “Buy” rating and $93.0 target in Friday, October 13 report. As per Thursday, July 28, the company rating was maintained by Dougherty & Company. The stock has “Hold” rating by KeyBanc Capital Markets on Thursday, November 16. The company was maintained on Wednesday, February 1 by Dougherty & Company. Pacific Crest reinitiated the stock with “Sector Weight” rating in Monday, January 4 report. The company was maintained on Monday, September 18 by Needham. The stock has “Market Perform” rating by Raymond James on Thursday, July 14. The stock of Advanced Energy Industries, Inc. (NASDAQ:AEIS) earned “Buy” rating by DA Davidson on Thursday, January 11. KeyBanc Capital Markets maintained the shares of AEIS in report on Thursday, October 12 with “Hold” rating. The firm has “Buy” rating by Needham given on Wednesday, February 1.

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Institutional Positions Chart

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