Alistair N. Sporck Sells 3,000 Shares of Aehr Test Systems (NASDAQ:AEHR) Stock

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) VP Alistair N. Sporck sold 3,000 shares of the stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $14.13, for a total value of $42,390.00. Following the completion of the transaction, the vice president directly owned 30,808 shares in the company, valued at approximately $435,317.04. This trade represents a 8.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Aehr Test Systems Stock Down 2.6%

NASDAQ:AEHR traded down $0.41 during mid-day trading on Friday, reaching $15.07. The company's stock had a trading volume of 855,364 shares, compared to its average volume of 1,135,736. Aehr Test Systems has a 1 year low of $6.27 and a 1 year high of $20.25. The stock has a fifty day moving average of $11.75 and a 200-day moving average of $10.75. The firm has a market capitalization of $448.63 million, a PE ratio of -115.91 and a beta of 2.29.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last posted its quarterly earnings results on Tuesday, July 8th. The semiconductor company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.02) by $0.01. Aehr Test Systems had a negative net margin of 6.63% and a negative return on equity of 0.15%. The business had revenue of $14,100 billion during the quarter, compared to analyst estimates of $14.83 million. On average, analysts expect that Aehr Test Systems will post 0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Aehr Test Systems

A number of large investors have recently bought and sold shares of the business. State of Wyoming bought a new position in Aehr Test Systems in the fourth quarter worth about $67,000. Quantbot Technologies LP purchased a new position in shares of Aehr Test Systems in the 1st quarter worth approximately $31,000. Headlands Technologies LLC bought a new position in shares of Aehr Test Systems during the 4th quarter worth approximately $103,000. GAMMA Investing LLC raised its stake in shares of Aehr Test Systems by 1,753.1% during the 1st quarter. GAMMA Investing LLC now owns 7,079 shares of the semiconductor company's stock worth $52,000 after acquiring an additional 6,697 shares in the last quarter. Finally, Mariner LLC purchased a new stake in Aehr Test Systems during the fourth quarter valued at approximately $180,000. Institutional investors own 69.69% of the company's stock.

Aehr Test Systems Company Profile

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.

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