Aehr test systems (NASDAQ: AEHR – Get a rating) Director Howard T. Slayen sold 10,000 shares of the company in a trade dated Tuesday, August 2. The stock was sold at an average price of $12.50, for a total transaction of $125,000.00. Following the completion of the sale, the director now directly owns 210,762 shares of the company, valued at $2,634,525. The sale was disclosed in a filing with the SEC, accessible via this link.
Aehr test systems stock up 0.3%
Stock Aehr Test Systems opened at $14.93 on Friday. Aehr Test Systems has a 12-month low of $5.08 and a 12-month high of $27.09. The company has a 50-day moving average price of $9.14 and a 200-day moving average price of $9.91. The company has a market capitalization of $401.92 million, a P/E ratio of 43.91 and a beta of 1.67.
A Wall Street analyst gives his opinion
Separately, StockNews.com downgraded shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a research report on Saturday.
Institutional entries and exits
Institutional investors and hedge funds have recently changed their stock holdings. McCarthy Asset Management Inc. increased its position in Aehr Test Systems shares by 100.3% during the first quarter. McCarthy Asset Management Inc. now owns 4,006 shares of the semiconductor company valued at $41,000 after acquiring 2,006 additional shares during the period. FNY Investment Advisers LLC purchased a new stake in shares of Aehr Test Systems during Q4, valued at approximately $53,000. San Luis Wealth Advisors LLC purchased a new equity stake in Aehr Test Systems during Q1 valued at approximately $62,000. Ergoteles LLC purchased a new stake in shares of Aehr Test Systems during Q1 worth approximately $117,000. Finally, Clear Sky Advisers LLC acquired a new equity stake in Aehr Test Systems during Q1 worth approximately $183,000. 41.14% of the shares are held by institutional investors.
Aehr Test Systems Company Profile
Aehr Test Systems provides test systems for etching and testing logic, optical and memory integrated circuits worldwide. It offers products such as the ABTS and FOX-P families of test and lapping systems and FOX WaferPak Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier and FOX DiePak Loader.
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