Insider Selling: Aehr Test Systems Insider Sells 2,300 Shares of Stock (AEHR)
Aehr Test Systems (NASDAQ:AEHR) Insider Kunio Sano sold 2,300 shares of Aehr Test Systems stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $2.84, for a total transaction of $6,532.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Aehr Test Systems (NASDAQ:AEHR) traded down 3.64% during mid-day trading on Monday, hitting $2.65. The stock had a trading volume of 15,320 shares. Aehr Test Systems has a 52 week low of $0.72 and a 52 week high of $3.59. The stock has a 50-day moving average of $2.86 and a 200-day moving average of $2.29. The company’s market cap is $29.1 million.
Aehr Test Systems (NASDAQ:AEHR) last posted its quarterly earnings results on Thursday, January 9th. The company reported $0.03 earnings per share for the quarter. The company had revenue of $5.00 million for the quarter, compared to the consensus estimate of $3.80 million.
Separately, analysts at Thomson Reuters/Verus upgraded shares of Aehr Test Systems from a “hold” rating to a “buy” rating in a research note to investors on Monday, January 20th.
Aehr Test Systems develops, manufactures and sells systems, which is designed to reduce the cost of testing and to perform reliability screening, or burn-in, of complex logic and memory devices.
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