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 stock in a transaction on Tuesday, March 13th. The stock was sold at an average price of $2.45, for a total transaction of $12,250.00. Following the completion of the sale, the vice president now owns 25,351 shares in the company, valued at $62,109.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Aehr Test Systems (NASDAQ:AEHR) traded up $0.04 on Wednesday, reaching $2.30. 3,266 shares of the company’s stock traded hands, compared to its average volume of 154,810. The company has a current ratio of 4.55, a quick ratio of 3.30 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $53.42, a price-to-earnings ratio of -11.50 and a beta of 0.87. Aehr Test Systems has a 12 month low of $2.16 and a 12 month high of $6.10.
Aehr Test Systems (NASDAQ:AEHR) last posted its earnings results on Thursday, January 4th. The semiconductor company reported $0.02 earnings per share for the quarter. The company had revenue of $7.92 million for the quarter, compared to analyst estimates of $7.11 million. Aehr Test Systems had a negative net margin of 13.92% and a negative return on equity of 23.69%. research analysts forecast that Aehr Test Systems will post 0.03 earnings per share for the current fiscal year.
Several equities research analysts have weighed in on AEHR shares. Zacks Investment Research upgraded shares of Aehr Test Systems from a “hold” rating to a “buy” rating and set a $3.25 target price on the stock in a report on Wednesday, November 22nd. ValuEngine lowered shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Thursday, December 21st.
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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