Aehr Test Systems (NASDAQ:AEHR) VP David S. Hendrickson sold 5,000 shares of the company’s stock in a transaction dated 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 transaction, the vice president now owns 25,351 shares in the company, valued at approximately $62,109.95. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Shares of AEHR opened at $2.29 on Friday. The company has a quick ratio of 3.30, a current ratio of 4.55 and a debt-to-equity ratio of 0.34. Aehr Test Systems has a 1 year low of $2.12 and a 1 year high of $4.99. The company has a market cap of $51.89, a price-to-earnings ratio of -7.90 and a beta of 0.79.
Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings data on Tuesday, April 3rd. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter. Aehr Test Systems had a negative net margin of 1.58% and a negative return on equity of 1.44%. The business had revenue of $7.39 million during the quarter.
Institutional investors and hedge funds have recently made changes to their positions in the business. Keybank National Association OH purchased a new stake in Aehr Test Systems during the 4th quarter valued at approximately $213,000. Virtu Financial LLC purchased a new stake in Aehr Test Systems during the 4th quarter valued at approximately $299,000. Deutsche Bank AG purchased a new stake in Aehr Test Systems during the 4th quarter valued at approximately $381,000. Renaissance Technologies LLC purchased a new position in shares of Aehr Test Systems in the fourth quarter valued at $405,000. Finally, Royce & Associates LP grew its holdings 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 in the last quarter. 24.96% of the stock is owned by institutional investors and hedge funds.
Several equities analysts have recently 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 price objective on the stock in a research note on Thursday, January 11th. ValuEngine lowered shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Thursday, December 21st.
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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.
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