Gayn Erickson Sells 40,000 Shares of Aehr Test Systems (NASDAQ:AEHR) Stock
Aehr Test Systems (NASDAQ:AEHR) insider Gayn Erickson sold 40,000 shares of the business’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $3.77, for a total value of $150,800.00. Following the transaction, the insider now owns 318,063 shares of the company’s stock, valued at approximately $1,199,097.51. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of Aehr Test Systems (NASDAQ AEHR) traded up 1.63% during mid-day trading on Tuesday, hitting $3.73. The stock had a trading volume of 30,714 shares. The firm’s 50-day moving average price is $3.90 and its 200 day moving average price is $4.09. The stock’s market cap is $71.05 million. Aehr Test Systems has a 12-month low of $1.71 and a 12-month high of $6.10.
Aehr Test Systems (NASDAQ:AEHR) last released its earnings results on Wednesday, July 19th. The semiconductor company reported ($0.03) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.01. The company 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%. Equities analysts forecast that Aehr Test Systems will post $0.01 EPS for the current fiscal year.
COPYRIGHT VIOLATION WARNING: “Gayn Erickson Sells 40,000 Shares of Aehr Test Systems (NASDAQ:AEHR) Stock” was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another publication, it was illegally copied and republished in violation of U.S. & international trademark and copyright legislation. The correct version of this story can be viewed at https://www.americanbankingnews.com/2017/08/08/gayn-erickson-sells-40000-shares-of-aehr-test-systems-nasdaqaehr-stock.html.
AEHR has been the subject of a number of analyst reports. Zacks Investment Research lowered 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 report on Friday, June 2nd.
An institutional investor recently bought a new position in Aehr Test Systems stock. Royce & Associates LP bought a new stake in shares of Aehr Test Systems (NASDAQ:AEHR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 285,000 shares of the semiconductor company’s stock, valued at approximately $1,069,000. Royce & Associates LP owned approximately 1.50% of Aehr Test Systems at the end of the most recent reporting period. Institutional investors own 15.71% of the company’s stock.
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.
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 MarketBeat.com's FREE daily email newsletter.