Aehr Test Systems (NASDAQ:AEHR) VP Alistair Sporck Sells 2,000 Shares

Key Points

• Aehr Test Systems VP Alistair Sporck sold 2,000 shares on April 22 at an average price of $93.50 for about $187,000, reducing his stake by 27.87% to 5,177 shares (≈$484,050), per an SEC filing.
• AEHR stock traded up to $97.36 on the day with above‑average volume; the company has a market cap of $3.06 billion, a 52‑week range of $8.02–$101.99, and a negative P/E and margins.
• The firm reported quarterly EPS of -$0.05 (beating estimates) with revenue of $10.31M (slightly below expectations), and analysts hold a consensus "Hold" rating with a $68 price target amid mixed upgrades and downgrades.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) VP Alistair Sporck sold 2,000 shares of the stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $93.50, for a total value of $187,000.00. Following the sale, the vice president directly owned 5,177 shares of the company's stock, valued at approximately $484,049.50. This represents a 27.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Aehr Test Systems Stock Performance

Aehr Test Systems stock traded up $3.64 during trading hours on Wednesday, reaching $97.36. 3,701,559 shares of the stock were exchanged, compared to its average volume of 2,266,451. The stock has a market cap of $3.06 billion, a P/E ratio of -256.21 and a beta of 2.28. Aehr Test Systems has a 52-week low of $8.02 and a 52-week high of $101.99. The firm's 50 day moving average is $45.40 and its 200 day moving average is $31.88.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last posted its quarterly earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $10.31 million during the quarter, compared to analysts' expectations of $10.85 million. Equities research analysts expect that Aehr Test Systems will post -0.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on AEHR shares. Weiss Ratings reiterated a "sell (d)" rating on shares of Aehr Test Systems in a research note on Monday. 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. William Blair upgraded shares of Aehr Test Systems from a "market perform" rating to an "outperform" rating in a research report on Monday, March 2nd. Lake Street Capital reissued a "buy" rating on shares of Aehr Test Systems in a research note on Wednesday, April 8th. Finally, Wall Street Zen upgraded Aehr Test Systems from a "strong sell" rating to a "sell" rating in a report on Saturday, April 11th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $68.00.

Institutional Trading of Aehr Test Systems

Several institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Aehr Test Systems in the fourth quarter valued at approximately $25,000. Sunbelt Securities Inc. acquired a new position in shares of Aehr Test Systems during the 3rd quarter worth approximately $27,000. State of Wyoming acquired a new position in shares of Aehr Test Systems during the 2nd quarter worth approximately $28,000. Jones Financial Companies Lllp lifted its stake in Aehr Test Systems by 3,448.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,029 shares of the semiconductor company's stock valued at $31,000 after buying an additional 1,000 shares in the last quarter. Finally, RiverPark Advisors LLC acquired a new stake in Aehr Test Systems during the 3rd quarter valued at $42,000. Hedge funds and other institutional investors own 69.69% of the company's stock.

About Aehr Test Systems

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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