David S. Hendrickson Sells 5,000 Shares of Aehr Test Systems (AEHR) Stock
Aehr Test Systems (NASDAQ:AEHR) VP David S. Hendrickson sold 5,000 shares of Aehr Test Systems stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $3.52, for a total value of $17,600.00. Following the transaction, the vice president now owns 25,351 shares in the company, valued at approximately $89,235.52. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Shares of Aehr Test Systems (AEHR) traded down 1.70% during mid-day trading on Wednesday, hitting $3.47. The company had a trading volume of 63,558 shares. The company’s market cap is $74.32 million. The firm has a 50-day moving average of $3.43 and a 200-day moving average of $4.09. Aehr Test Systems has a 12 month low of $2.15 and a 12 month high of $6.10.
Aehr Test Systems (NASDAQ:AEHR) last released its quarterly earnings data on Wednesday, July 19th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.01. The firm 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 103.76% and a negative net margin of 29.91%. On average, analysts expect that Aehr Test Systems will post $0.01 EPS for the current year.
Separately, ValuEngine raised Aehr Test Systems from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AWM Investment Company Inc. boosted its position in Aehr Test Systems by 130.2% during the second quarter. AWM Investment Company Inc. now owns 1,332,890 shares of the semiconductor company’s stock valued at $4,998,000 after purchasing an additional 753,965 shares during the last quarter. B. Riley Financial Inc. acquired a new stake in Aehr Test Systems during the second quarter valued at $1,889,000. EAM Investors LLC boosted its position in Aehr Test Systems by 115.4% during the second quarter. EAM Investors LLC now owns 263,019 shares of the semiconductor company’s stock valued at $986,000 after purchasing an additional 140,910 shares during the last quarter. Vanguard Group Inc. boosted its position in Aehr Test Systems by 45.3% during the second quarter. Vanguard Group Inc. now owns 493,399 shares of the semiconductor company’s stock valued at $1,851,000 after purchasing an additional 153,816 shares during the last quarter. Finally, Granite Point Capital Management L.P. acquired a new stake in Aehr Test Systems during the second quarter valued at $182,000. 26.43% of the stock is owned by hedge funds and other institutional investors.
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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