Shares of Aehr Test Systems (NASDAQ:AEHR) traded up 8.5% on Monday . The stock traded as high as $1.85 and last traded at $1.79, 167,603 shares changed hands during trading. An increase of 97% from the average session volume of 85,261 shares. The stock had previously closed at $1.65.

The stock has a 50-day moving average price of $1.45 and a 200 day moving average price of $1.54.

Aehr Test Systems (NASDAQ:AEHR) last posted its quarterly earnings data on Thursday, July 18th. The semiconductor company reported $0.01 EPS for the quarter. The business had revenue of $7.24 million during the quarter. Aehr Test Systems had a negative return on equity of 16.20% and a negative net margin of 18.92%.

In other news, CEO Gayn Erickson sold 40,000 shares of Aehr Test Systems stock in a transaction that occurred on Tuesday, July 23rd. The stock was sold at an average price of $1.42, for a total value of $56,800.00. Following the sale, the chief executive officer now directly owns 531,015 shares of the company’s stock, valued at $754,041.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mario M. Rosati sold 41,918 shares of the business’s stock in a transaction on Tuesday, October 8th. The stock was sold at an average price of $1.67, for a total value of $70,003.06. Following the transaction, the director now directly owns 35,619 shares in the company, valued at approximately $59,483.73. The disclosure for this sale can be found here. Insiders sold 84,596 shares of company stock worth $131,329 over the last ninety days. Corporate insiders own 16.30% of the company’s stock.

A hedge fund recently raised its stake in Aehr Test Systems stock. BlackRock Inc. boosted its stake in shares of Aehr Test Systems (NASDAQ:AEHR) by 14.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 67,935 shares of the semiconductor company’s stock after buying an additional 8,580 shares during the period. BlackRock Inc. owned 0.30% of Aehr Test Systems worth $112,000 at the end of the most recent quarter. 26.87% of the stock is owned by institutional investors and hedge funds.

About Aehr Test Systems (NASDAQ:AEHR)

Aehr Test Systems primarily designs, engineers, manufactures, and sells test and burn-in equipment for use in the semiconductor industry worldwide. It provides full wafer contact test systems, test during burn-in systems, test fixtures, and related accessories. The company offers Advanced Burn-in and Test System family of packaged part burn-in and test systems, which perform test during burn-in of complex devices, such as digital signal processors, microprocessors, microcontrollers, and systems-on-a-chip, as well as individual temperature control for high-power advanced logic devices.

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