Aehr Test Systems (AEHR) Insider Gayn Erickson Sells 20,000 Shares
Aehr Test Systems (NASDAQ:AEHR) insider Gayn Erickson sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, October 10th. The stock was sold at an average price of $2.90, for a total transaction of $58,000.00. Following the transaction, the insider now owns 338,469 shares of the company’s stock, valued at approximately $981,560.10. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Gayn Erickson also recently made the following trade(s):
- On Friday, October 7th, Gayn Erickson sold 10,000 shares of Aehr Test Systems stock. The shares were sold at an average price of $2.82, for a total transaction of $28,200.00.
Shares of Aehr Test Systems (NASDAQ:AEHR) opened at 2.71 on Thursday. The company’s market cap is $36.09 million. Aehr Test Systems has a 1-year low of $0.95 and a 1-year high of $3.42. The stock has a 50 day moving average of $2.57 and a 200 day moving average of $1.78.
Aehr Test Systems (NASDAQ:AEHR) last posted its quarterly earnings data on Thursday, September 29th. The company reported ($0.04) earnings per share for the quarter. The company earned $5.30 million during the quarter. Aehr Test Systems had a negative return on equity of 387.82% and a negative net margin of 59.41%.
Separately, Craig Hallum initiated coverage on shares of Aehr Test Systems in a research note on Monday. They issued a “buy” rating and a $5.00 price objective for the company.
About Aehr Test Systems
Aehr Test Systems is a provider of burn-in equipment. The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories. The Company’s principal products are the Advanced Burn-In and Test System (ABTS), the FOX full wafer contact parallel test and burn-in systems, the MAX burn-in system, WaferPak full wafer contactor, the DiePak carrier and test fixtures.
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