Insider Selling: Aehr Test Systems VP Unloads 3,000 Shares of Stock (AEHR)
Aehr Test Systems (NASDAQ:AEHR) VP Carl N. Buck unloaded 3,000 shares of Aehr Test Systems stock on the open market in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $2.37, for a total value of $7,110.00. Following the transaction, the vice president now directly owns 70,617 shares in the company, valued at approximately $167,362. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Separately, analysts at Thomson Reuters/Verus upgraded shares of Aehr Test Systems from a “hold” rating to a “buy” rating in a research note on Monday, January 20th.
Shares of Aehr Test Systems (NASDAQ:AEHR) traded up 2.27% on Tuesday, hitting $2.475. The stock had a trading volume of 18,524 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 $2.74 and a 200-day moving average of $2.36. The company’s market cap is $27.2 million.
Aehr Test Systems (NASDAQ:AEHR) last released its earnings data 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.
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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