Key Points
- AEHR Director Rhea Posedel sold 13,998 shares on Feb. 13 at an average price of $30.02, generating about $420,220 and reducing her stake by 2.97% to 456,979 shares (SEC filing).
- Shares opened at $28.84 and were up ~3.4%; the company has a market cap of roughly $883M, a 52‑week range of $6.27–$37.49, a negative P/E (-96.13) and a beta of 2.31.
- Aehr beat EPS estimates last quarter (loss of $0.04 vs. -$0.08) but missed revenue ($9.88M vs. $11.45M); institutional investors own about 69.7% of the stock and the consensus analyst rating is Hold with an average price target of $21.00.
Aehr Test Systems (NASDAQ:AEHR - Get Free Report) Director Rhea Posedel sold 13,998 shares of the business's stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $30.02, for a total value of $420,219.96. Following the transaction, the director directly owned 456,979 shares in the company, valued at $13,718,509.58. This trade represents a 2.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Aehr Test Systems Stock Up 3.4%
Shares of NASDAQ:AEHR opened at $28.84 on Friday. Aehr Test Systems has a 52-week low of $6.27 and a 52-week high of $37.49. The company has a 50 day moving average of $25.15 and a two-hundred day moving average of $24.59. The company has a market capitalization of $883.37 million, a price-to-earnings ratio of -96.13 and a beta of 2.31.
Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last posted its earnings results on Thursday, January 8th. The semiconductor company reported ($0.04) EPS for the quarter, topping analysts' consensus estimates of ($0.08) by $0.04. The business had revenue of $9.88 million for the quarter, compared to analysts' expectations of $11.45 million. Aehr Test Systems had a negative net margin of 16.63% and a negative return on equity of 4.57%. On average, equities analysts anticipate that Aehr Test Systems will post 0.1 earnings per share for the current year.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. William Blair Investment Management LLC bought a new position in shares of Aehr Test Systems in the third quarter valued at $26,920,000. Kennedy Capital Management LLC acquired a new position in shares of Aehr Test Systems in the 2nd quarter worth $5,751,000. Invesco Ltd. grew its holdings in shares of Aehr Test Systems by 1,137.2% in the 3rd quarter. Invesco Ltd. now owns 366,570 shares of the semiconductor company's stock worth $11,037,000 after acquiring an additional 336,940 shares during the last quarter. Halter Ferguson Financial Inc. raised its position in shares of Aehr Test Systems by 41.7% during the fourth quarter. Halter Ferguson Financial Inc. now owns 642,129 shares of the semiconductor company's stock worth $12,965,000 after purchasing an additional 189,117 shares during the period. Finally, Two Sigma Investments LP purchased a new stake in shares of Aehr Test Systems during the third quarter valued at $3,171,000. Institutional investors and hedge funds own 69.69% of the company's stock.
Wall Street Analyst Weigh In
AEHR has been the subject of a number of research reports. Lake Street Capital started coverage on shares of Aehr Test Systems in a report on Wednesday, December 17th. They issued a "buy" rating for the company. Weiss Ratings restated a "sell (d)" rating on shares of Aehr Test Systems in a research report on Wednesday, January 21st. Craig Hallum restated a "hold" rating on shares of Aehr Test Systems in a research note on Friday, January 9th. Finally, Zacks Research upgraded Aehr Test Systems from a "strong sell" rating to a "hold" rating in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $21.00.
Read Our Latest Analysis on Aehr Test Systems
About Aehr Test Systems
(
Get Free Report)
Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.
The company's product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.
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