Aehr Test Systems (AEHR) VP David S. Hendrickson Sells 5,000 Shares
Aehr Test Systems (NASDAQ:AEHR) VP David S. Hendrickson sold 5,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $3.10, for a total value of $15,500.00. Following the completion of the transaction, the vice president now directly owns 25,351 shares of the company’s stock, valued at $78,588.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Aehr Test Systems (NASDAQ AEHR) traded down $0.02 during trading hours on Tuesday, hitting $3.10. The stock had a trading volume of 30,300 shares, compared to its average volume of 175,049. The company has a quick ratio of 2.64, a current ratio of 3.76 and a debt-to-equity ratio of 0.35. Aehr Test Systems has a twelve month low of $2.15 and a twelve month high of $6.10.
Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings data on Thursday, September 28th. The semiconductor company reported $0.01 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.02. The business had revenue of $6.97 million during the quarter, compared to the consensus estimate of $6.75 million. Aehr Test Systems had a negative return on equity of 47.96% and a negative net margin of 23.79%. research analysts anticipate that Aehr Test Systems will post 0.01 earnings per share for the current fiscal year.
Several large investors have recently made changes to their positions in the company. Royce & Associates LP grew its position in shares of Aehr Test Systems by 7.0% in the third quarter. Royce & Associates LP now owns 305,000 shares of the semiconductor company’s stock valued at $1,247,000 after purchasing an additional 20,000 shares during the period. Victory Capital Management Inc. purchased a new stake in shares of Aehr Test Systems in the third quarter valued at $1,817,000. AWM Investment Company Inc. grew its position 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 valued at $4,998,000 after purchasing an additional 753,965 shares during the period. B. Riley Financial Inc. purchased a new stake in shares of Aehr Test Systems in the second quarter valued at $1,889,000. Finally, EAM Investors LLC grew its position in shares of 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 purchasing an additional 140,910 shares during the period. 28.38% of the stock is owned by institutional investors and hedge funds.
Separately, ValuEngine cut Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Friday, October 27th.
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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