Insider Selling: Aehr Test Systems (NASDAQ:AEHR) VP Sells 1,900 Shares of Stock

Aehr Test Systems (NASDAQ:AEHR) VP Didier Wimmers sold 1,900 shares of Aehr Test Systems stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $72.02, for a total value of $136,838.00. Following the sale, the vice president owned 10,659 shares in the company, valued at $767,661.18. This represents a 15.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Didier Wimmers also recently made the following trade(s):

• On Monday, April 13th, Didier Wimmers sold 3,500 shares of Aehr Test Systems stock. The shares were sold at an average price of $71.11, for a total value of $248,885.00.

Aehr Test Systems Stock Performance

Shares of NASDAQ AEHR traded down $1.16 during trading on Wednesday, reaching $73.22. The stock had a trading volume of 2,657,284 shares, compared to its average volume of 2,075,885. Aehr Test Systems has a one year low of $7.71 and a one year high of $75.88. The stock has a market cap of $2.30 billion, a PE ratio of -192.68 and a beta of 2.28. The firm’s 50 day moving average price is $39.51 and its two-hundred day moving average price is $30.01.

Aehr Test Systems (NASDAQ:AEHR) last issued its quarterly earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.02. Aehr Test Systems had a negative return on equity of 7.15% and a negative net margin of 25.23%.The business had revenue of $10.31 million during the quarter, compared to the consensus estimate of $10.85 million. On average, research analysts expect that Aehr Test Systems will post 0.1 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Aehr Test Systems by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 2,337,433 shares of the semiconductor company’s stock valued at $47,193,000 after purchasing an additional 49,243 shares during the period. William Blair Investment Management LLC acquired a new position in Aehr Test Systems during the 3rd quarter valued at approximately $26,920,000. Wellington Management Group LLP boosted its position in Aehr Test Systems by 129.9% during the 4th quarter. Wellington Management Group LLP now owns 830,664 shares of the semiconductor company’s stock valued at $16,771,000 after purchasing an additional 469,400 shares during the period. Geode Capital Management LLC boosted its position in Aehr Test Systems by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 685,694 shares of the semiconductor company’s stock valued at $13,846,000 after purchasing an additional 5,591 shares during the period. Finally, Halter Ferguson Financial Inc. boosted its position in Aehr Test Systems by 41.7% during the 4th quarter. Halter Ferguson Financial Inc. now owns 642,129 shares of the semiconductor company’s stock valued at $12,965,000 after purchasing an additional 189,117 shares during the period. Institutional investors and hedge funds own 69.69% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on AEHR. Lake Street Capital reiterated a “buy” rating on shares of Aehr Test Systems in a report on Wednesday, April 8th. William Blair upgraded Aehr Test Systems from a “market perform” rating to an “outperform” rating in a report on Monday, March 2nd. Wall Street Zen upgraded Aehr Test Systems from a “strong sell” rating to a “sell” rating in a report on Saturday. Craig Hallum upgraded Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a report on Wednesday, April 8th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Aehr Test Systems in a report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Aehr Test Systems presently has a consensus rating of “Hold” and an average price target of $68.00.

Key Stories Impacting Aehr Test Systems

Here are the key news stories impacting Aehr Test Systems this week:

• Positive Sentiment: Technical momentum: AEHR’s 50-day moving average recently crossed above the 200-day (a “golden cross”), which can attract momentum traders and support price strength. Zacks: Technical Outlook
• Positive Sentiment: Analyst support: Recent upgrades and bullish notes (e.g., Craig Hallum, William Blair, Lake Street) have lifted sentiment and helped justify higher target prices. MarketBeat AEHR Coverage
• Neutral Sentiment: Mixed fundamentals: AEHR beat EPS estimates for the quarter (reported ($0.05) vs. ($0.07) expected) but missed revenue forecasts slightly — a mixed report that supports momentum trading but leaves fundamental investors cautious. Quarterly Results
• Negative Sentiment: Large CEO sales: CEO Gayn Erickson disclosed multi-million-dollar sales (~96k and 56.8k shares at ~$70.58) on April 10; even when explained as tax-withholding for vested awards, such high-profile sales can create near-term selling pressure and raise questions about insider conviction. CEO Erickson SEC Filing
• Negative Sentiment: Cluster of officer/director sales: VP Alistair Sporck, COO Adil Engineer, Director Fariba Danesh and others sold shares (transactions ranging from thousands to tens of thousands of shares) around April 9–13 to cover tax withholding on awards — the cumulative volume may weigh on sentiment. InsiderTrades: Insider Activity
• Negative Sentiment: Press aggregation of sales: Media reports summarize roughly $2M+ of recent insider sales, reinforcing a narrative of insider liquidity events that investors are parsing and likely contributing to today’s weakness. American Banking News: Insider Sales

About Aehr Test Systems

Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.

The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.