Insider Selling: Aehr Test Systems VP Sells 3,000 Shares of Stock (AEHR)
Aehr Test Systems (NASDAQ:AEHR) VP Carl N. Buck unloaded 3,000 shares of Aehr Test Systems stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $2.52, for a total transaction of $7,560.00. Following the transaction, the vice president now directly owns 70,617 shares of the company’s stock, valued at approximately $177,955. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Aehr Test Systems (NASDAQ:AEHR) traded up 2.45% on Friday, hitting $2.51. 18,358 shares of the company’s stock traded hands. Aehr Test Systems has a one year low of $0.72 and a one year high of $3.59. The stock has a 50-day moving average of $2.71 and a 200-day moving average of $2.38. The company’s market cap is $27.5 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 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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