David S. Hendrickson Sells 20,000 Shares of Aehr Test Systems (AEHR) Stock
Aehr Test Systems (NASDAQ:AEHR) VP David S. Hendrickson sold 20,000 shares of the business’s stock in a transaction dated Monday, October 17th. The shares were sold at an average price of $2.80, for a total value of $56,000.00. Following the completion of the sale, the vice president now owns 60,663 shares in the company, valued at $169,856.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of Aehr Test Systems (NASDAQ:AEHR) opened at 2.81 on Wednesday. The company’s market capitalization is $37.42 million. The stock has a 50 day moving average price of $2.66 and a 200-day moving average price of $1.83. Aehr Test Systems has a one year low of $0.95 and a one year high of $3.42.
Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings results on Thursday, September 29th. The company reported ($0.04) earnings per share for the quarter. Aehr Test Systems had a negative net margin of 59.41% and a negative return on equity of 387.82%. The business earned $5.30 million during the quarter.
Separately, Craig Hallum initiated coverage on Aehr Test Systems in a report on Monday, October 10th. They issued a “buy” rating and a $5.00 price target on the stock.
Aehr Test Systems Company Profile
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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