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Aehr Test Systems (NASDAQ:AEHR) Director William W. R. Elder unloaded 1,300 shares of the company’s stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $2.76, for a total value of $3,588.00. Following the transaction, the director now directly owns 105,000 shares in the company, valued at approximately $289,800. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Aehr Test Systems (NASDAQ:AEHR) traded down 1.46% on Monday, hitting $2.70. 1,004 shares of the company’s stock traded hands. Aehr Test Systems has a one year low of $1.46 and a one year high of $3.59. The stock has a 50-day moving average of $2.55 and a 200-day moving average of $2.51. The company has a market cap of $29.9 million and a price-to-earnings ratio of 70.26.

Aehr Test Systems (NASDAQ:AEHR) last released its earnings data on Thursday, July 17th. The company reported $0.04 EPS for the quarter. The company had revenue of $5.40 million for the quarter, compared to the consensus estimate of $5.60 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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