Aehr Test Systems (AEHR) Director John M. Schneider Sells 3,518 Shares of Stock
Aehr Test Systems (NASDAQ:AEHR) Director John M. Schneider sold 3,518 shares of Aehr Test Systems stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $4.15, for a total value of $14,599.70. Following the completion of the sale, the director now owns 17,113 shares of the company’s stock, valued at $71,018.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Aehr Test Systems (NASDAQ AEHR) traded up 7.23% during mid-day trading on Friday, hitting $3.71. The company had a trading volume of 72,380 shares. Aehr Test Systems has a 52-week low of $1.95 and a 52-week high of $6.10. The company has a 50-day moving average price of $3.70 and a 200 day moving average price of $4.19. The company’s market capitalization is $70.67 million.
Aehr Test Systems (NASDAQ:AEHR) last released its quarterly earnings results on Wednesday, July 19th. The semiconductor company reported ($0.03) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.01. Aehr Test Systems had a negative return on equity of 388.93% and a negative net margin of 29.91%. The business had revenue of $6.68 million for the quarter, compared to analysts’ expectations of $6.03 million. On average, analysts forecast that Aehr Test Systems will post $0.01 EPS for the current fiscal year.
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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. B. Riley Financial Inc. acquired a new position in Aehr Test Systems during the second quarter valued at approximately $1,889,000. Kennedy Capital Management Inc. boosted its position in Aehr Test Systems by 217.8% in the second quarter. Kennedy Capital Management Inc. now owns 551,212 shares of the semiconductor company’s stock valued at $2,067,000 after buying an additional 377,758 shares during the period. Royce & Associates LP acquired a new position in Aehr Test Systems during the second quarter valued at approximately $1,069,000. Vanguard Group Inc. boosted its position in Aehr Test Systems by 45.3% in the second quarter. Vanguard Group Inc. now owns 493,399 shares of the semiconductor company’s stock valued at $1,851,000 after buying an additional 153,816 shares during the period. Finally, EAM Investors LLC boosted its position in Aehr Test Systems by 115.4% in the second quarter. EAM Investors LLC now owns 263,019 shares of the semiconductor company’s stock valued at $986,000 after buying an additional 140,910 shares during the period. Institutional investors and hedge funds own 17.05% of the company’s stock.
Separately, ValuEngine upgraded Aehr Test Systems from a “sell” rating to a “hold” rating in a report on Friday, June 2nd.
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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