Insider Selling: Aehr Test Systems (NASDAQ:AEHR) EVP Sells 4,995 Shares of Stock

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) EVP Alberto Salamone sold 4,995 shares of Aehr Test Systems stock in a transaction on Monday, May 12th. The shares were sold at an average price of $9.08, for a total value of $45,354.60. Following the transaction, the executive vice president now owns 56,241 shares of the company's stock, valued at $510,668.28. The trade was a 8.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Aehr Test Systems Stock Performance

Shares of AEHR traded up $0.66 on Monday, hitting $9.11. 579,761 shares of the stock traded hands, compared to its average volume of 1,172,211. The business has a 50 day simple moving average of $8.39 and a 200 day simple moving average of $11.17. Aehr Test Systems has a one year low of $6.27 and a one year high of $21.44. The company has a market capitalization of $271.21 million, a PE ratio of 12.15 and a beta of 2.21.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of AEHR. Barclays PLC raised its position in Aehr Test Systems by 27.3% in the 3rd quarter. Barclays PLC now owns 140,525 shares of the semiconductor company's stock worth $1,807,000 after buying an additional 30,119 shares during the last quarter. Annex Advisory Services LLC purchased a new stake in Aehr Test Systems in the fourth quarter worth approximately $1,303,000. SG Americas Securities LLC grew its position in Aehr Test Systems by 43.7% in the 4th quarter. SG Americas Securities LLC now owns 14,519 shares of the semiconductor company's stock worth $241,000 after purchasing an additional 4,412 shares during the period. Janney Montgomery Scott LLC bought a new position in shares of Aehr Test Systems during the 4th quarter valued at $909,000. Finally, Penbrook Management LLC boosted its stake in shares of Aehr Test Systems by 25.3% in the 4th quarter. Penbrook Management LLC now owns 33,825 shares of the semiconductor company's stock worth $563,000 after buying an additional 6,825 shares during the last quarter. 69.69% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Aehr Test Systems to a "sell" rating in a research note on Wednesday, January 22nd.

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.

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