Aehr Test Systems (NASDAQ:AEHR) VP David S. Hendrickson sold 5,000 shares of Aehr Test Systems stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $2.71, for a total transaction of $13,550.00. Following the sale, the vice president now owns 25,351 shares in the company, valued at approximately $68,701.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Aehr Test Systems (NASDAQ:AEHR) traded down $0.12 on Thursday, hitting $2.86. 180,900 shares of the stock were exchanged, compared to its average volume of 359,671. The stock has a market capitalization of $64.20, a price-to-earnings ratio of -14.30, a P/E/G ratio of 5.38 and a beta of 0.84. Aehr Test Systems has a 1 year low of $2.15 and a 1 year high of $6.10. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.76 and a quick ratio of 2.64.
Aehr Test Systems (NASDAQ:AEHR) last issued its earnings results on Thursday, January 4th. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $7.92 million during 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 26.85%. equities analysts forecast that Aehr Test Systems will post 0.03 EPS for the current year.
A number of institutional investors have recently made changes to their positions in AEHR. Royce & Associates LP bought a new position in Aehr Test Systems in the second quarter worth about $1,069,000. Kennedy Capital Management Inc. increased its holdings in shares of Aehr Test Systems by 217.8% during the second 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 in the last quarter. Granite Point Capital Management L.P. acquired a new position in shares of Aehr Test Systems during the second quarter valued at about $182,000. Vanguard Group Inc. increased its holdings in shares of Aehr Test Systems by 45.3% during the second 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 in the last quarter. Finally, EAM Investors LLC increased its holdings in shares of Aehr Test Systems by 115.4% during the second quarter. EAM Investors LLC now owns 263,019 shares of the semiconductor company’s stock valued at $986,000 after acquiring an additional 140,910 shares in the last quarter. Institutional investors and hedge funds own 27.16% of the company’s stock.
AEHR has been the topic of several research reports. Zacks Investment Research lowered shares of Aehr Test Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. ValuEngine lowered shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a research note on Friday, October 27th.
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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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