Aehr Test Systems (AEHR) VP David S. Hendrickson Sells 5,000 Shares
Aehr Test Systems (NASDAQ:AEHR) VP David S. Hendrickson sold 5,000 shares of Aehr Test Systems stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $3.67, for a total value of $18,350.00. Following the sale, the vice president now owns 25,351 shares of the company’s stock, valued at $93,038.17. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Aehr Test Systems (NASDAQ:AEHR) traded up 1.63% during mid-day trading on Tuesday, hitting $3.73. The company had a trading volume of 30,714 shares. The company’s market capitalization is $71.05 million. Aehr Test Systems has a 52-week low of $1.71 and a 52-week high of $6.10. The company has a 50-day moving average price of $3.90 and a 200 day moving average price of $4.09.
Aehr Test Systems (NASDAQ:AEHR) last released its quarterly earnings results on Wednesday, July 19th. The semiconductor company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01. The business had revenue of $6.68 million during the quarter, compared to analysts’ expectations of $6.03 million. Aehr Test Systems had a negative return on equity of 388.93% and a negative net margin of 29.91%. On average, analysts forecast that Aehr Test Systems will post $0.01 EPS for the current fiscal year.
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An institutional investor recently bought a new position in Aehr Test Systems stock. Royce & Associates LP purchased a new position in shares of Aehr Test Systems (NASDAQ:AEHR) during the second quarter, according to its most recent disclosure with the SEC. The fund purchased 285,000 shares of the semiconductor company’s stock, valued at approximately $1,069,000. Royce & Associates LP owned about 1.50% of Aehr Test Systems as of its most recent filing with the SEC. Hedge funds and other institutional investors own 15.71% of the company’s stock.
Several analysts have recently weighed in on the company. Zacks Investment Research downgraded Aehr Test Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, April 25th. ValuEngine upgraded Aehr Test Systems from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd.
Aehr Test Systems Company Profile
Aehr Test Systems is engaged in the designing, manufacturing and marketing of advanced test and burn-in products to the semiconductor manufacturing industry. The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories.
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