Adil Engineer Sells 3,728 Shares of Aehr Test Systems (NASDAQ:AEHR) Stock

Key Points

• COO Adil Engineer sold 3,728 shares on April 9 at an average price of $66.30 for $247,166.40 to cover tax withholding from vested equity, leaving him with 41,441 shares (an 8.25% ownership decrease).
• Cluster of insider selling — multiple directors/officers (including Fariba Danesh and others) disclosed recent sales totaling roughly $2.1M, a trend that could add near‑term downward pressure on the stock.
• AEHR shows strong technical momentum (a recent 50‑day/200‑day "golden cross" and large YTD gains) but fundamentals are mixed after a small EPS beat, a slight revenue miss, and continued negative margins.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) COO Adil Engineer sold 3,728 shares of Aehr Test Systems stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $66.30, for a total transaction of $247,166.40. Following the sale, the chief operating officer owned 41,441 shares in the company, valued at approximately $2,747,538.30. This represents a 8.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Adil Engineer also recently made the following trade(s):

• On Thursday, April 9th, Adil Engineer sold 13,085 shares of Aehr Test Systems stock. The stock was sold at an average price of $68.18, for a total transaction of $892,135.30.

Aehr Test Systems Stock Performance

Shares of NASDAQ AEHR traded up $1.65 during midday trading on Tuesday, reaching $73.31. The stock had a trading volume of 2,170,188 shares, compared to its average volume of 2,059,120. The firm has a market cap of $2.31 billion, a price-to-earnings ratio of -192.79 and a beta of 2.28. Aehr Test Systems has a twelve month low of $7.71 and a twelve month high of $74.53. The company's 50 day moving average price is $38.57 and its 200 day moving average price is $29.70.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last released its earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.07) by $0.02. Aehr Test Systems had a negative net margin of 25.23% and a negative return on equity of 7.15%. The company had revenue of $10.31 million for the quarter, compared to the consensus estimate of $10.85 million. Equities analysts forecast that Aehr Test Systems will post 0.1 earnings per share for the current fiscal year.

Key Aehr Test Systems News

Here are the key news stories impacting Aehr Test Systems this week:

• Positive Sentiment: Technical catalyst — AEHR’s 50‑day moving average crossed above its 200‑day moving average (a “golden cross”), a widely watched bullish signal that likely drew momentum and technical traders into the stock. Aehr Test Systems (AEHR)'s Technical Outlook is Bright After Key Golden Cross
• Positive Sentiment: Momentum narrative — Analyst/market writeups are framing AEHR as a momentum stock after strong YTD gains, which can attract trend-following funds and retail interest. This coverage reinforces the technical buying described above. Aehr Test Systems (AEHR) is a Great Momentum Stock: Should You Buy?
• Neutral Sentiment: Relative performance — Coverage noting AEHR has outpaced some computer/technology peers this year explains part of the enthusiasm, but it’s a market-performance observation rather than a fundamental change. Is Aehr Test Systems (AEHR) Stock Outpacing Its Computer and Technology Peers This Year?
• Neutral Sentiment: Earnings snapshot — Recent quarterly results showed a small EPS beat but a slight revenue miss; that mixed fundamental print supports momentum but doesn’t fully resolve profitability concerns. MarketBeat AEHR Summary
• Negative Sentiment: Cluster of insider selling — Multiple directors/officers (including Fariba Danesh) disclosed sales totaling roughly $2.1M in recent filings; Danesh’s filings show sales on April 10 and April 13 that materially reduced her stake. Large insider dispositions can sap confidence and add selling pressure. SEC Filing — Danesh Sales
• Negative Sentiment: Additional insider exits reported — Media aggregators list other executive/director sales (Adil Engineer, Donald Richmond II, Laura Oliphant), which collectively amplify near‑term downside risk if investors interpret this as insiders taking profits. Aehr Test Systems Director Sells $2,100,000.00 in Stock

Analysts Set New Price Targets

Several research analysts have commented on the stock. Wall Street Zen raised shares of Aehr Test Systems from a "strong sell" rating to a "sell" rating in a research note on Saturday. Lake Street Capital reissued a "buy" rating on shares of Aehr Test Systems in a report on Wednesday, April 8th. William Blair raised shares of Aehr Test Systems from a "market perform" rating to an "outperform" rating in a report on Monday, March 2nd. Weiss Ratings reissued a "sell (d)" rating on shares of Aehr Test Systems in a report on Wednesday, January 21st. Finally, Craig Hallum raised shares of Aehr Test Systems from a "hold" rating to a "buy" rating and set a $68.00 target price for the company in a report on Wednesday, April 8th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $68.00.

Institutional Trading of Aehr Test Systems

Several hedge funds have recently modified their holdings of AEHR. Millennium Management LLC boosted its holdings in Aehr Test Systems by 0.8% in the fourth quarter. Millennium Management LLC now owns 59,219 shares of the semiconductor company's stock worth $1,196,000 after acquiring an additional 492 shares in the last quarter. State of Wyoming raised its position in Aehr Test Systems by 26.7% during the third quarter. State of Wyoming now owns 2,777 shares of the semiconductor company's stock valued at $84,000 after acquiring an additional 586 shares in the last quarter. Sunbelt Securities Inc. purchased a new position in Aehr Test Systems during the third quarter valued at approximately $27,000. Jones Financial Companies Lllp raised its position in Aehr Test Systems by 3,448.3% during the third quarter. Jones Financial Companies Lllp now owns 1,029 shares of the semiconductor company's stock valued at $31,000 after acquiring an additional 1,000 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Aehr Test Systems by 7.9% during the second quarter. JPMorgan Chase & Co. now owns 15,576 shares of the semiconductor company's stock valued at $201,000 after acquiring an additional 1,145 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

Aehr Test Systems Company Profile

Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.

The company's product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.

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