Aehr Test Systems (NASDAQ:AEHR) insider Gayn Erickson sold 20,000 shares of the firm’s stock in a transaction dated Monday, October 10th. The stock was sold at an average price of $2.90, for a total transaction 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
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 stock was sold at an average price of $2.82, for a total transaction of $28,200.00.
Aehr Test Systems (NASDAQ:AEHR) opened at 2.94 on Wednesday. The company’s market capitalization is $39.15 million. Aehr Test Systems has a 12-month low of $0.95 and a 12-month high of $3.42. The firm has a 50-day moving average of $2.55 and a 200 day moving average of $1.78.
Aehr Test Systems (NASDAQ:AEHR) last issued its quarterly earnings results on Thursday, September 29th. The company reported ($0.04) earnings per share for the quarter. The company earned $5.30 million during the quarter. Aehr Test Systems had a negative return on equity of 387.82% and a negative net margin of 59.41%.
Separately, Craig Hallum initiated coverage on shares of Aehr Test Systems in a research report on Monday. They set a “buy” rating and a $5.00 price target 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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