Aehr Test Systems (AEHR) VP David S. Hendrickson Sells 20,000 Shares
Aehr Test Systems (NASDAQ:AEHR) VP David S. Hendrickson sold 20,000 shares of the stock in a transaction on Monday, October 17th. The shares were sold at an average price of $2.80, for a total value of $56,000.00. Following the sale, the vice president now owns 60,663 shares of the company’s stock, valued at approximately $169,856.40. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Shares of Aehr Test Systems (NASDAQ:AEHR) traded up 2.17% during midday trading on Monday, hitting $2.83. The stock had a trading volume of 86,699 shares. Aehr Test Systems has a 52 week low of $0.95 and a 52 week high of $3.42. The stock has a 50-day moving average of $2.64 and a 200 day moving average of $1.82. The stock’s market cap is $37.69 million.
Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings results on Thursday, September 29th. The company reported ($0.04) earnings per share (EPS) for the quarter. Aehr Test Systems had a negative net margin of 59.41% and a negative return on equity of 387.82%. The firm earned $5.30 million during the quarter.
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Separately, Craig Hallum began coverage on Aehr Test Systems in a research report on Monday, October 10th. They set a “buy” rating and a $5.00 price objective for the company.
About Aehr Test Systems
Aehr Test Systems is a provider of burn-in equipment. The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories. The Company’s principal products are the Advanced Burn-In and Test System (ABTS), the FOX full wafer contact parallel test and burn-in systems, the MAX burn-in system, WaferPak full wafer contactor, the DiePak carrier and test fixtures.
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