Aehr Test Systems (NASDAQ:AEHR) Director Sells $356,940.00 in Stock

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) Director Rhea J. Posedel sold 18,000 shares of the firm's stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $19.83, for a total value of $356,940.00. Following the completion of the transaction, the director owned 71,163 shares of the company's stock, valued at approximately $1,411,162.29. This represents a 20.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Aehr Test Systems Trading Down 2.4%

AEHR stock traded down $0.52 during midday trading on Monday, hitting $21.22. 422,968 shares of the company's stock were exchanged, compared to its average volume of 1,122,424. Aehr Test Systems has a 12-month low of $6.27 and a 12-month high of $23.00. The firm has a 50 day moving average price of $12.86 and a 200-day moving average price of $10.79. The stock has a market capitalization of $631.80 million, a price-to-earnings ratio of -163.42 and a beta of 2.29.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last issued its earnings results on Tuesday, July 8th. The semiconductor company reported ($0.01) EPS 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 during the quarter, compared to analyst estimates of $14.83 million. On average, sell-side analysts forecast that Aehr Test Systems will post 0.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

Institutional Trading of Aehr Test Systems

A number of hedge funds and other institutional investors have recently modified their holdings of AEHR. Quantbot Technologies LP acquired a new stake in shares of Aehr Test Systems during the first quarter worth $31,000. GAMMA Investing LLC raised its position in shares of Aehr Test Systems by 1,753.1% during the first quarter. GAMMA Investing LLC now owns 7,079 shares of the semiconductor company's stock worth $52,000 after purchasing an additional 6,697 shares during the period. State of Wyoming acquired a new stake in shares of Aehr Test Systems during the fourth quarter worth $67,000. CWM LLC raised its position in shares of Aehr Test Systems by 15.1% during the second quarter. CWM LLC now owns 6,062 shares of the semiconductor company's stock worth $78,000 after purchasing an additional 793 shares during the period. Finally, American Century Companies Inc. acquired a new stake in shares of Aehr Test Systems during the first quarter worth $86,000. Institutional investors own 69.69% of the company's stock.

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.