Insider Selling: Aehr Test Systems (AEHR) Insider Sells 20,000 Shares of Stock

Aehr Test Systems (NASDAQ:AEHR) insider Gayn Erickson sold 20,000 shares of Aehr Test Systems stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $2.51, for a total value of $50,200.00. Following the sale, the insider now directly owns 369,063 shares in the company, valued at approximately $926,348.13. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of Aehr Test Systems (NASDAQ AEHR) opened at $2.31 on Thursday. Aehr Test Systems has a fifty-two week low of $2.15 and a fifty-two week high of $6.10. The firm has a market capitalization of $50.58, a P/E ratio of -11.55, a PEG ratio of 3.97 and a beta of 0.75. The company has a current ratio of 4.55, a quick ratio of 3.30 and a debt-to-equity ratio of 0.34.

Aehr Test Systems (NASDAQ:AEHR) last posted its earnings results on Thursday, January 4th. The semiconductor company reported $0.02 EPS for the quarter. The business had revenue of $7.92 million during the quarter, compared to the consensus estimate of $7.11 million. Aehr Test Systems had a negative return on equity of 23.69% and a negative net margin of 13.92%. research analysts expect that Aehr Test Systems will post 0.03 earnings per share for the current fiscal year.

Several analysts have recently weighed in on AEHR shares. Zacks Investment Research raised Aehr Test Systems from a “hold” rating to a “buy” rating and set a $3.25 price objective on the stock in a report on Wednesday, November 22nd. ValuEngine lowered Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Friday, October 27th.

Several institutional investors have recently bought and sold shares of the stock. AWM Investment Company Inc. lifted its position 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 buying an additional 753,965 shares during the period. Vanguard Group Inc. lifted its position 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 buying an additional 153,816 shares during the period. Victory Capital Management Inc. bought a new position in shares of Aehr Test Systems during the 3rd quarter worth approximately $1,817,000. Finally, Royce & Associates LP lifted its position 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 buying an additional 20,000 shares during the period. Institutional investors and hedge funds own 26.83% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Insider Selling: Aehr Test Systems (AEHR) Insider Sells 20,000 Shares of Stock” was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another domain, it was copied illegally and reposted in violation of United States and international trademark and copyright legislation. The legal version of this article can be read at https://www.americanbankingnews.com/2018/02/08/insider-selling-aehr-test-systems-aehr-insider-sells-20000-shares-of-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.

Leave a Reply