Laura Oliphant Sells 5,000 Shares of Aehr Test Systems (NASDAQ:AEHR) Stock

Key Points

• Laura Oliphant, Director of Aehr Test Systems, has sold 5,000 shares of the company's stock for a total value of $107,500, resulting in a 39.48% decrease in her position.
• The company's stock is currently trading at approximately $21.74, with a fifty-two week range between $6.27 and $23.00, indicating significant volatility in its price.
• Aehr Test Systems has recently reported a negative net margin of 6.63% for the last quarter, despite outperforming earnings estimates with an EPS of ($0.01).

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) Director Laura Oliphant sold 5,000 shares of Aehr Test Systems stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $21.50, for a total value of $107,500.00. Following the completion of the sale, the director directly owned 7,665 shares in the company, valued at approximately $164,797.50. The trade was a 39.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Aehr Test Systems Stock Down 10.2%

NASDAQ AEHR traded down $2.13 during trading hours on Tuesday, hitting $18.78. 1,701,748 shares of the company were exchanged, compared to its average volume of 2,247,040. The stock has a 50-day moving average price of $13.29 and a 200 day moving average price of $10.88. Aehr Test Systems has a 52 week low of $6.27 and a 52 week high of $23.00. The stock has a market cap of $559.08 million, a PE ratio of -144.45 and a beta of 2.29.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last issued its quarterly earnings data on Tuesday, July 8th. The semiconductor company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.01. Aehr Test Systems had a negative return on equity of 0.15% and a negative net margin of 6.63%. The company had revenue of $14,100 billion for the quarter, compared to analysts' expectations of $14.83 million. As a group, sell-side analysts anticipate that Aehr Test Systems will post 0.1 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of AEHR. Raymond James Financial Inc. bought a new position in shares of Aehr Test Systems during the fourth quarter valued at approximately $272,000. HighTower Advisors LLC grew its stake in Aehr Test Systems by 18.1% in the fourth quarter. HighTower Advisors LLC now owns 13,256 shares of the semiconductor company's stock worth $220,000 after purchasing an additional 2,032 shares in the last quarter. LPL Financial LLC bought a new position in Aehr Test Systems in the fourth quarter worth approximately $874,000. Vanguard Group Inc. grew its stake in Aehr Test Systems by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 2,183,641 shares of the semiconductor company's stock worth $36,314,000 after purchasing an additional 44,881 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Aehr Test Systems by 15.4% in the fourth quarter. JPMorgan Chase & Co. now owns 15,591 shares of the semiconductor company's stock worth $259,000 after purchasing an additional 2,076 shares in the last quarter. Institutional investors own 69.69% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Aehr Test Systems to a "sell" rating in a research note on Tuesday, May 13th.

About Aehr Test Systems

Aehr Test Systems provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, and package part form, and installed systems worldwide. Its product portfolio includes FOX-XP and FOX-NP systems that are full wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize range of devices, including silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices.