Aehr Test Systems (NASDAQ:AEHR) VP David S. Hendrickson Sells 5,000 Shares
Aehr Test Systems (NASDAQ:AEHR) VP David S. Hendrickson sold 5,000 shares of Aehr Test Systems stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $3.67, for a total value of $18,350.00. Following the completion of the sale, the vice president now owns 25,351 shares in the company, valued at $93,038.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Aehr Test Systems (AEHR) traded up 1.63% during mid-day trading on Tuesday, reaching $3.73. The company’s stock had a trading volume of 30,714 shares. The firm’s market capitalization is $71.05 million. The firm’s 50 day moving average price is $3.90 and its 200 day moving average price is $4.09. Aehr Test Systems has a 52 week low of $1.71 and a 52 week high of $6.10.
Aehr Test Systems (NASDAQ:AEHR) last posted its earnings results on Wednesday, July 19th. The semiconductor company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.01. The firm had revenue of $6.68 million for the quarter, compared to analysts’ expectations of $6.03 million. Aehr Test Systems had a negative return on equity of 388.93% and a negative net margin of 29.91%. On average, analysts anticipate that Aehr Test Systems will post $0.01 EPS for the current fiscal year.
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A number of analysts recently weighed in on the company. ValuEngine upgraded Aehr Test Systems from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research downgraded Aehr Test Systems from a “hold” rating to a “sell” rating in a research note on Tuesday, April 25th.
A hedge fund recently bought a new stake in Aehr Test Systems stock. Royce & Associates LP purchased a new position in shares of Aehr Test Systems (NASDAQ:AEHR) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 285,000 shares of the semiconductor company’s stock, valued at approximately $1,069,000. Royce & Associates LP owned approximately 1.50% of Aehr Test Systems as of its most recent SEC filing. 15.71% of the stock is currently owned by hedge funds and other institutional investors.
About Aehr Test Systems
Aehr Test Systems is engaged in the designing, manufacturing and marketing of advanced test and burn-in products to the semiconductor manufacturing industry. The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories.
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