Insider Selling: Aehr Test Systems (AEHR) VP Sells 5,000 Shares of Stock
Aehr Test Systems (NASDAQ:AEHR) VP David S. Hendrickson sold 5,000 shares of Aehr Test Systems stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $2.79, for a total transaction of $13,950.00. Following the completion of the sale, the vice president now owns 25,351 shares in the company, valued at $70,729.29. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Aehr Test Systems (NASDAQ AEHR) traded down $0.06 during trading on Thursday, hitting $2.55. 180,365 shares of the stock traded hands, compared to its average volume of 171,358. Aehr Test Systems has a one year low of $2.15 and a one year high of $6.10. The company has a current ratio of 3.76, a quick ratio of 2.64 and a debt-to-equity ratio of 0.35.
Aehr Test Systems (NASDAQ:AEHR) last released its quarterly earnings data on Thursday, September 28th. The semiconductor company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.02. The company had revenue of $6.97 million for the quarter, compared to analyst estimates of $6.75 million. Aehr Test Systems had a negative net margin of 23.79% and a negative return on equity of 47.96%. research analysts expect that Aehr Test Systems will post 0.03 EPS for the current fiscal year.
Several institutional investors have recently added to or reduced their stakes in the company. Royce & Associates LP increased its stake in shares of Aehr Test Systems by 7.0% during the 3rd quarter. Royce & Associates LP now owns 305,000 shares of the semiconductor company’s stock worth $1,247,000 after purchasing an additional 20,000 shares during the last quarter. Victory Capital Management Inc. acquired a new position in shares of Aehr Test Systems during the 3rd quarter worth about $1,817,000. AWM Investment Company Inc. increased its stake in shares of Aehr Test Systems by 130.2% during the 2nd quarter. AWM Investment Company Inc. now owns 1,332,890 shares of the semiconductor company’s stock worth $4,998,000 after purchasing an additional 753,965 shares during the last quarter. B. Riley Financial Inc. acquired a new position in shares of Aehr Test Systems during the 2nd quarter worth about $1,889,000. Finally, EAM Investors LLC increased its stake in shares of Aehr Test Systems by 115.4% during the 2nd quarter. EAM Investors LLC now owns 263,019 shares of the semiconductor company’s stock worth $986,000 after purchasing an additional 140,910 shares during the last quarter. Institutional investors own 27.16% of the company’s stock.
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About Aehr Test Systems
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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