Key Points
- VP Alistair Sporck sold 2,000 shares on April 10 at an average price of $67.36 for $134,720 to cover tax withholding on vested awards, cutting his stake by 8.05% to 22,855 shares (≈$1.54M).
- Multiple officers and the CEO also disclosed sizable sales the same period, with media reports aggregating roughly $2.1M+ of insider disposals — filings cite tax withholding but the volume could weigh on near‑term sentiment.
- Shares have rallied recently and posted a technical “golden cross”, but fundamentals are mixed (beat EPS slightly, missed revenue) and analysts have an average “Hold” rating with a $68 target.
Aehr Test Systems (NASDAQ:AEHR - Get Free Report) VP Alistair Sporck sold 2,000 shares of the company's stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $67.36, for a total transaction of $134,720.00. Following the completion of the transaction, the vice president directly owned 22,855 shares of the company's stock, valued at approximately $1,539,512.80. The trade was a 8.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Aehr Test Systems Price Performance
NASDAQ:AEHR opened at $74.38 on Wednesday. The firm has a 50-day moving average of $39.51 and a two-hundred day moving average of $30.01. The stock has a market cap of $2.34 billion, a P/E ratio of -195.74 and a beta of 2.28. Aehr Test Systems has a 1-year low of $7.71 and a 1-year high of $74.72.
Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last posted its quarterly earnings data on Tuesday, April 7th. The semiconductor company reported ($0.05) earnings per share for the quarter, beating analysts' consensus estimates of ($0.07) by $0.02. The company had revenue of $10.31 million during the quarter, compared to analysts' expectations of $10.85 million. Aehr Test Systems had a negative net margin of 25.23% and a negative return on equity of 7.15%. As a group, equities analysts expect that Aehr Test Systems will post 0.1 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on AEHR shares. Weiss Ratings reissued a "sell (d)" rating on shares of Aehr Test Systems in a research report on Wednesday, January 21st. Craig Hallum raised shares of Aehr Test Systems from a "hold" rating to a "buy" rating and set a $68.00 price objective for the company in a research report on Wednesday, April 8th. Lake Street Capital restated a "buy" rating on shares of Aehr Test Systems in a research note on Wednesday, April 8th. Wall Street Zen upgraded shares of Aehr Test Systems from a "strong sell" rating to a "sell" rating in a research note on Saturday. Finally, William Blair upgraded shares of Aehr Test Systems from a "market perform" rating to an "outperform" rating in a research note on Monday, March 2nd. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $68.00.
View Our Latest Stock Report on AEHR
Trending Headlines about Aehr Test Systems
Here are the key news stories impacting Aehr Test Systems this week:
- Positive Sentiment: Technical momentum — AEHR’s 50-day moving average crossed above its 200-day moving average (a “golden cross”), which often attracts technical traders and momentum flows. Aehr Test Systems (AEHR)'s Technical Outlook is Bright After Key Golden Cross
- Positive Sentiment: Analyst support — Recent upgrades and bullish notes (e.g., Craig Hallum and William Blair raising coverage) have helped justify higher price targets and likely contributed to buying interest. MarketBeat AEHR Coverage
- Neutral Sentiment: Recent quarter — AEHR beat EPS estimates (reported ($0.05) vs. ($0.07) expected) but revenue came in slightly below consensus, leaving fundamentals mixed despite the beat. Analysts still project modest FY growth. AEHR Quarterly Results and Estimates
- Negative Sentiment: Large insider sales — CEO Gayn Erickson disclosed sizable sales (SEC filing) of company stock on April 10, representing millions of dollars of shares sold; such high-profile sales can create selling pressure and raise questions about insider conviction even when explained as tax-related. CEO Erickson SEC Filing
- Negative Sentiment: Additional insider dispositions — Multiple officers and directors (including Fariba Danesh, Adil Engineer and others) disclosed sales totaling hundreds of thousands to millions in aggregate; filings cite tax-withholding for vested awards, but the volume may weigh on near-term sentiment. Danesh SEC Filing Engineer SEC Filing
- Negative Sentiment: Media aggregation of insider liquidity — Press reports summarize roughly $2.1M+ in recent insider sales, reinforcing the narrative of insider liquidity events that investors are parsing. Aehr Test Systems Director Sells $2,100,000.00 in Stock
Institutional Investors Weigh In On Aehr Test Systems
A number of institutional investors have recently modified their holdings of AEHR. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Aehr Test Systems in the 4th quarter valued at about $25,000. Sunbelt Securities Inc. acquired a new stake in shares of Aehr Test Systems in the 3rd quarter valued at about $27,000. State of Wyoming acquired a new stake in shares of Aehr Test Systems in the 2nd quarter valued at about $28,000. Jones Financial Companies Lllp raised its stake in shares of Aehr Test Systems by 3,448.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,029 shares of the semiconductor company's stock valued at $31,000 after purchasing an additional 1,000 shares in the last quarter. Finally, RiverPark Advisors LLC acquired a new stake in shares of Aehr Test Systems in the 3rd quarter valued at about $42,000. Institutional investors and hedge funds own 69.69% of the company's stock.
Aehr Test Systems Company Profile
(
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
