Aehr Test Systems (NASDAQ:AEHR) insider Gayn Erickson sold 20,000 shares of Aehr Test Systems stock in a transaction dated Monday, October 10th. The shares were sold at an average price of $2.90, for a total value of $58,000.00. Following the transaction, the insider now directly owns 338,469 shares in the company, valued at $981,560.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Gayn Erickson also recently made the following trade(s):
- On Friday, October 7th, Gayn Erickson sold 10,000 shares of Aehr Test Systems stock. The shares were sold at an average price of $2.82, for a total value of $28,200.00.
Aehr Test Systems (NASDAQ:AEHR) opened at 2.73 on Friday. The stock’s market capitalization is $36.36 million. The company has a 50-day moving average price of $2.60 and a 200-day moving average price of $1.79. Aehr Test Systems has a 12-month low of $0.95 and a 12-month high of $3.42.
Aehr Test Systems (NASDAQ:AEHR) last released its quarterly earnings results on Thursday, September 29th. The company reported ($0.04) EPS for the quarter. Aehr Test Systems had a negative net margin of 59.41% and a negative return on equity of 387.82%. The business earned $5.30 million during the quarter.
Separately, Craig Hallum started coverage on Aehr Test Systems in a research report on Monday. They set a “buy” rating and a $5.00 price objective on the stock.
Aehr Test Systems Company Profile
Aehr Test Systems is a provider of burn-in equipment. The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories. The Company’s principal products are the Advanced Burn-In and Test System (ABTS), the FOX full wafer contact parallel test and burn-in systems, the MAX burn-in system, WaferPak full wafer contactor, the DiePak carrier and test fixtures.
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