Aehr Test Systems (NASDAQ:AEHR) insider David S. Hendrickson sold 5,000 shares of the business’s stock in a transaction on Tuesday, April 24th. The stock was sold at an average price of $2.34, for a total value of $11,700.00. Following the transaction, the insider now directly owns 25,351 shares in the company, valued at approximately $59,321.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
NASDAQ AEHR traded down $0.01 on Tuesday, reaching $2.33. 42,682 shares of the company were exchanged, compared to its average volume of 147,560. The firm has a market capitalization of $52.25, a P/E ratio of -8.03 and a beta of 0.79. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.20 and a current ratio of 4.62. Aehr Test Systems has a fifty-two week low of $2.12 and a fifty-two week high of $4.99.
Aehr Test Systems (NASDAQ:AEHR) last released its quarterly earnings data on Tuesday, April 3rd. The semiconductor company reported $0.01 earnings per share for the quarter. The company had revenue of $7.39 million for the quarter. Aehr Test Systems had a negative return on equity of 1.41% and a negative net margin of 1.58%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AWM Investment Company Inc. raised its position in Aehr Test Systems by 26.2% in the fourth quarter. AWM Investment Company Inc. now owns 1,801,926 shares of the semiconductor company’s stock valued at $4,883,000 after purchasing an additional 373,795 shares during the period. Vanguard Group Inc. raised its position in Aehr Test Systems by 45.3% in the second 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 during the period. Renaissance Technologies LLC purchased a new stake in Aehr Test Systems in the fourth quarter valued at $405,000. Deutsche Bank AG purchased a new stake in Aehr Test Systems in the fourth quarter valued at $381,000. Finally, Virtu Financial LLC purchased a new stake in Aehr Test Systems in the fourth quarter valued at $299,000. 24.87% of the stock is currently owned by institutional investors.
Separately, Zacks Investment Research lowered Aehr Test Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, January 16th.
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Aehr Test Systems Company Profile
Aehr Test Systems designs, engineers, manufactures, and sells test and burn-in equipment used in the semiconductor industry worldwide. The company offers full wafer contact test systems, test during burn-in systems, test fixtures, die carriers, and related accessories; and 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 offer individual temperature control for high-power advanced logic devices.
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