Aehr Test Systems (NASDAQ:AEHR) VP David S. Hendrickson sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $2.58, for a total value of $12,900.00. Following the transaction, the vice president now owns 25,351 shares in the company, valued at approximately $65,405.58. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of Aehr Test Systems (AEHR) traded up $0.05 during trading hours on Wednesday, hitting $2.65. The stock had a trading volume of 650,175 shares, compared to its average volume of 177,443. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.64 and a current ratio of 3.76. Aehr Test Systems has a fifty-two week low of $2.15 and a fifty-two week high of $6.10.

Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings results on Thursday, September 28th. The semiconductor company reported $0.01 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.02. The business had revenue of $6.97 million for the quarter, compared to analyst estimates of $6.75 million. Aehr Test Systems had a negative return on equity of 47.96% and a negative net margin of 23.79%. analysts expect that Aehr Test Systems will post 0.03 EPS for the current fiscal year.

Several research firms have issued reports on AEHR. Zacks Investment Research upgraded Aehr Test Systems from a “hold” rating to a “buy” rating and set a $3.25 target price on the stock in a research report on Wednesday, November 22nd. ValuEngine lowered Aehr Test Systems from a “hold” rating to a “sell” rating in a research note on Friday, October 27th.

Large investors have recently made changes to their positions in the company. Granite Point Capital Management L.P. purchased a new stake in shares of Aehr Test Systems during the 2nd quarter worth approximately $182,000. EAM Investors LLC boosted 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 acquiring an additional 140,910 shares in the last quarter. Royce & Associates LP purchased a new stake in shares of Aehr Test Systems during the 2nd quarter worth approximately $1,069,000. Victory Capital Management Inc. purchased a new stake in shares of Aehr Test Systems during the 3rd quarter worth approximately $1,817,000. Finally, Vanguard Group Inc. boosted its stake in shares of Aehr Test Systems by 45.3% during the 2nd quarter. Vanguard Group Inc. now owns 493,399 shares of the semiconductor company’s stock worth $1,851,000 after acquiring an additional 153,816 shares in the last quarter. 27.16% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: This article was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another publication, it was copied illegally and republished in violation of United States and international copyright legislation. The original version of this article can be read at https://www.americanbankingnews.com/2017/12/13/aehr-test-systems-aehr-vp-sells-12900-00-in-stock.html.

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.

Insider Buying and Selling by Quarter for Aehr Test Systems (NASDAQ:AEHR)

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.