Aehr Test Systems (NASDAQ:AEHR) Director Rhea J. Posedel sold 30,000 shares of the stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $2.27, for a total transaction of $68,100.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
NASDAQ AEHR opened at $2.42 on Friday. Aehr Test Systems has a 52-week low of $1.27 and a 52-week high of $2.45. The firm has a 50-day moving average price of $2.06 and a 200 day moving average price of $1.76. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.29 and a quick ratio of 1.74.
Aehr Test Systems (NASDAQ:AEHR) last posted its quarterly earnings results on Thursday, January 9th. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $6.87 million during the quarter. Aehr Test Systems had a negative net margin of 14.26% and a negative return on equity of 11.23%.
A number of hedge funds and other institutional investors have recently bought and sold shares of AEHR. BlackRock Inc. boosted its stake in shares of Aehr Test Systems by 14.5% during the second quarter. BlackRock Inc. now owns 67,935 shares of the semiconductor company’s stock worth $112,000 after buying an additional 8,580 shares during the period. Virtu Financial LLC acquired a new stake in shares of Aehr Test Systems during the fourth quarter worth about $56,000. Essex Investment Management Co. LLC boosted its stake in shares of Aehr Test Systems by 3.7% during the fourth quarter. Essex Investment Management Co. LLC now owns 279,392 shares of the semiconductor company’s stock worth $559,000 after buying an additional 9,954 shares during the period. Finally, Renaissance Technologies LLC acquired a new stake in shares of Aehr Test Systems during the fourth quarter worth about $155,000. 24.87% of the stock is owned by hedge funds and other institutional investors.
Separately, ValuEngine raised shares of Aehr Test Systems from a “hold” rating to a “buy” rating in a report on Friday, January 10th.
About Aehr Test Systems
Aehr Test Systems primarily designs, engineers, manufactures, and sells test and burn-in equipment for use in the semiconductor industry worldwide. It provides full wafer contact test systems, test during burn-in systems, test fixtures, and related accessories. The company offers Advanced Burn-in and Test System family of packaged part burn-in and test systems, which perform test during burn-in of complex devices, such as digital signal processors, microprocessors, microcontrollers, and systems-on-a-chip, as well as individual temperature control for high-power advanced logic devices.
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