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 that occurred on Tuesday, January 16th. The stock was sold at an average price of $2.94, for a total value of $14,700.00. Following the sale, the vice president now directly owns 25,351 shares in the company, valued at approximately $74,531.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Shares of Aehr Test Systems (AEHR) remained flat at $$2.85 during mid-day trading on Wednesday. 128,891 shares of the company’s stock traded hands, compared to its average volume of 285,491. The stock has a market cap of $61.39, a price-to-earnings ratio of -14.25, a P/E/G ratio of 4.90 and a beta of 0.84. Aehr Test Systems has a twelve month low of $2.15 and a twelve month high of $6.10. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.64 and a current ratio of 3.76.
Aehr Test Systems (NASDAQ:AEHR) last issued 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 for 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%. equities analysts expect that Aehr Test Systems will post 0.03 earnings per share for the current fiscal year.
Hedge funds have recently modified their holdings of the business. EAM Investors LLC boosted its holdings in shares of Aehr Test Systems by 115.4% in the 2nd 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 in the last quarter. Royce & Associates LP boosted its holdings in shares of Aehr Test Systems by 7.0% in the 3rd 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 in the last quarter. Victory Capital Management Inc. acquired a new stake in shares of Aehr Test Systems in the 3rd quarter valued at $1,817,000. Vanguard Group Inc. boosted its holdings in shares of Aehr Test Systems by 45.3% in the 2nd quarter. Vanguard Group Inc. now owns 493,399 shares of the semiconductor company’s stock valued at $1,851,000 after purchasing an additional 153,816 shares in the last quarter. Finally, B. Riley Financial Inc. acquired a new stake in shares of Aehr Test Systems in the 2nd quarter valued at $1,889,000. 27.16% of the stock is currently owned by hedge funds and other institutional investors.
WARNING: “Insider Selling: Aehr Test Systems (AEHR) VP Sells 5,000 Shares of Stock” was reported by Watch List News and is the property of of Watch List News. If you are accessing this piece on another site, it was stolen and republished in violation of United States and international copyright law. The legal version of this piece can be accessed at https://www.watchlistnews.com/insider-selling-aehr-test-systems-aehr-vp-sells-5000-shares-of-stock/1811320.html.
Aehr Test Systems Company Profile
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.