Aehr Test Systems provides test systems for burning-in and testing logic, optical, and memory integrated circuits worldwide. It offers products, such as the ABTS and FOX-P families of test and burn-in systems and FOX WaferPak Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier, and FOX DiePak Loader. The ABTS system is used in production and qualification testing of packaged parts for lower power and higher power logic devices, as well as various common types of memory devices. The FOX-XP and FOX-NP systems are wafer contact and singulated die/module test and burn-in systems used for burn-in and functional test of complex devices, such as memories, digital signal processors, microprocessors, microcontrollers, systems-on-a-chip, and integrated optical devices. The FOX-CP system is a single-wafer compact test and reliability verification solution for logic, memory, and photonic devices. The WaferPak Contactor contains a unique full wafer probe card capable of testing wafers up to 300mm that enables IC manufacturers to perform test and burn-in of full wafers on Aehr Test FOX systems. The DiePak Carrier is a reusable, temporary package that enables IC manufacturers to perform final test and burn-in of bare die and modules. Aehr Test Systems was incorporated in 1977 and is headquartered in Fremont, California.
Wall Street Analyst Weigh In
Separately, StockNews.com cut shares of Aehr Test Systems from a "hold" rating to a "sell" rating in a research note on Saturday, August 6th.
Aehr Test Systems Price Performance
AEHR opened at $16.87 on Thursday. The firm has a market capitalization of $454.14 million, a price-to-earnings ratio of 49.62 and a beta of 1.67. The company's 50 day simple moving average is $10.43 and its two-hundred day simple moving average is $10.23. Aehr Test Systems has a 1-year low of $5.24 and a 1-year high of $27.09.
Aehr Test Systems (NASDAQ:AEHR - Get Rating) last issued its earnings results on Tuesday, July 19th. The semiconductor company reported $0.20 earnings per share (EPS) for the quarter. Aehr Test Systems had a return on equity of 26.53% and a net margin of 18.59%. The company had revenue of $20.29 million during the quarter.
Insider Buying and Selling
In other news, Director Howard T. Slayen sold 10,000 shares of the stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $14.75, for a total value of $147,500.00. Following the completion of the sale, the director now owns 200,762 shares of the company's stock, valued at approximately $2,961,239.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other Aehr Test Systems news, CFO Kenneth B. Spink sold 6,819 shares of Aehr Test Systems stock in a transaction on Monday, August 8th. The stock was sold at an average price of $15.67, for a total value of $106,853.73. Following the sale, the chief financial officer now owns 172,380 shares in the company, valued at $2,701,194.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Howard T. Slayen sold 10,000 shares of the business's stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $14.75, for a total transaction of $147,500.00. Following the completion of the sale, the director now owns 200,762 shares in the company, valued at $2,961,239.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 36,819 shares of company stock worth $554,354. Insiders own 19.50% of the company's stock.