Carl N. Buck Sells 10,000 Shares of Aehr Test Systems (AEHR) Stock

Aehr Test Systems (NASDAQ:AEHR) VP Carl N. Buck sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $2.38, for a total transaction of $23,800.00. Following the sale, the vice president now directly owns 25,351 shares of the company’s stock, valued at $60,335.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Aehr Test Systems (NASDAQ:AEHR) traded up $0.07 during mid-day trading on Wednesday, reaching $2.42. 84,710 shares of the company’s stock were exchanged, compared to its average volume of 186,965. Aehr Test Systems has a twelve month low of $2.16 and a twelve month high of $6.10. The stock has a market capitalization of $52.76, a PE ratio of -12.10, a P/E/G 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 announced its earnings results on Thursday, January 4th. The semiconductor company reported $0.02 EPS for the quarter. Aehr Test Systems had a negative net margin of 13.92% and a negative return on equity of 23.69%. The business had revenue of $7.92 million during the quarter, compared to analysts’ expectations of $7.11 million. sell-side analysts predict that Aehr Test Systems will post 0.03 earnings per share for the current year.

AEHR has been the subject of a number of research reports. Zacks Investment Research raised shares of Aehr Test Systems from a “hold” rating to a “buy” rating and set a $3.25 target price for the company in a report on Wednesday, November 22nd. ValuEngine cut shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Thursday, December 21st.

A number of hedge funds have recently made changes to their positions in AEHR. AWM Investment Company Inc. increased its stake in shares of Aehr Test Systems by 130.2% in the second 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 in the last quarter. Victory Capital Management Inc. purchased a new stake in shares of Aehr Test Systems in the third quarter worth $1,817,000. Vanguard Group Inc. increased its stake in shares of Aehr Test Systems by 45.3% in the second quarter. Vanguard Group Inc. now owns 493,399 shares of the semiconductor company’s stock worth $1,851,000 after purchasing an additional 153,816 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Aehr Test Systems in the fourth quarter worth $405,000. Finally, Deutsche Bank AG purchased a new stake in shares of Aehr Test Systems in the fourth quarter worth $381,000. 26.83% of the stock is owned by institutional investors and hedge funds.

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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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