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 the company’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $2.94, for a total value of $14,700.00. Following the completion of the transaction, the vice president now directly owns 25,351 shares in the company, valued at $74,531.94. The sale was disclosed in a filing with the SEC, which is available through this link.
Aehr Test Systems (NASDAQ:AEHR) traded up $0.02 during trading hours on Thursday, hitting $2.87. The stock had a trading volume of 13,847 shares, compared to its average volume of 285,491. The company has a market cap of $60.75, a P/E ratio of -14.35, a price-to-earnings-growth ratio of 4.75 and a beta of 0.84. 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 has a 1 year low of $2.15 and a 1 year high of $6.10.
Aehr Test Systems (NASDAQ:AEHR) last released its earnings results on Thursday, January 4th. The semiconductor company reported $0.02 earnings per share for the quarter. The firm 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 26.85% and a negative net margin of 13.92%. analysts expect that Aehr Test Systems will post 0.03 EPS for the current fiscal year.
Several large investors have recently added to or reduced their stakes in AEHR. 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 valued at $4,998,000 after acquiring an additional 753,965 shares during the period. B. Riley Financial Inc. bought a new stake in shares of Aehr Test Systems during the 2nd quarter valued at $1,889,000. Victory Capital Management Inc. bought a new stake in shares of Aehr Test Systems during the 3rd quarter valued at $1,817,000. Kennedy Capital Management Inc. lifted its position in shares of Aehr Test Systems by 217.8% during the 2nd quarter. Kennedy Capital Management Inc. now owns 551,212 shares of the semiconductor company’s stock valued at $2,067,000 after acquiring an additional 377,758 shares during the period. Finally, 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 valued at $1,851,000 after acquiring an additional 153,816 shares during the period. Hedge funds and other institutional investors own 27.16% of the company’s stock.
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.
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.