Insider Selling: Aehr Test Systems Director Unloads 5,600 Shares of Stock (AEHR)
Aehr Test Systems (NASDAQ:AEHR) Director William W. R. Elder sold 5,600 shares of Aehr Test Systems stock on the open market in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $2.77, for a total transaction of $15,512.00. Following the completion of the sale, the director now directly owns 105,000 shares of the company’s stock, valued at approximately $290,850. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Aehr Test Systems (NASDAQ:AEHR) traded down 3.25% during mid-day trading on Wednesday, hitting $2.53. 1,400 shares of the company’s stock traded hands. Aehr Test Systems has a 52-week low of $1.46 and a 52-week high of $3.59. The stock’s 50-day moving average is $2.63 and its 200-day moving average is $2.51. The company has a market cap of $28.1 million and a price-to-earnings ratio of 67.05.
Aehr Test Systems (NASDAQ:AEHR) last issued its quarterly earnings data on Thursday, July 17th. The company reported $0.04 earnings per share 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.
Receive News & Ratings for Aehr Test Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aehr Test Systems and related companies with Analyst Ratings Network's FREE daily email newsletter.