Aehr Test Systems (NASDAQ:AEHR – Get Free Report) COO Adil Engineer sold 3,728 shares of the stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $66.30, for a total transaction of $247,166.40. Following the transaction, the chief operating officer directly owned 41,441 shares in the company, valued at approximately $2,747,538.30. The trade was a 8.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Adil Engineer also recently made the following trade(s):
- On Thursday, April 9th, Adil Engineer sold 13,085 shares of Aehr Test Systems stock. The shares were sold at an average price of $68.18, for a total value of $892,135.30.
Aehr Test Systems Price Performance
Shares of NASDAQ AEHR traded up $1.65 during midday trading on Tuesday, hitting $73.31. 2,170,188 shares of the company’s stock were exchanged, compared to its average volume of 2,059,120. The firm’s fifty day simple moving average is $38.57 and its 200-day simple moving average is $29.70. The company has a market cap of $2.31 billion, a PE ratio of -192.79 and a beta of 2.28. Aehr Test Systems has a twelve month low of $7.71 and a twelve month high of $74.53.
Trending Headlines about Aehr Test Systems
Here are the key news stories impacting Aehr Test Systems this week:
- Positive Sentiment: Technical catalyst — AEHR’s 50‑day moving average crossed above its 200‑day moving average (a “golden cross”), a widely watched bullish signal that likely drew momentum and technical traders into the stock. Aehr Test Systems (AEHR)’s Technical Outlook is Bright After Key Golden Cross
- Positive Sentiment: Momentum narrative — Analyst/market writeups are framing AEHR as a momentum stock after strong YTD gains, which can attract trend-following funds and retail interest. This coverage reinforces the technical buying described above. Aehr Test Systems (AEHR) is a Great Momentum Stock: Should You Buy?
- Neutral Sentiment: Relative performance — Coverage noting AEHR has outpaced some computer/technology peers this year explains part of the enthusiasm, but it’s a market-performance observation rather than a fundamental change. Is Aehr Test Systems (AEHR) Stock Outpacing Its Computer and Technology Peers This Year?
- Neutral Sentiment: Earnings snapshot — Recent quarterly results showed a small EPS beat but a slight revenue miss; that mixed fundamental print supports momentum but doesn’t fully resolve profitability concerns. MarketBeat AEHR Summary
- Negative Sentiment: Cluster of insider selling — Multiple directors/officers (including Fariba Danesh) disclosed sales totaling roughly $2.1M in recent filings; Danesh’s filings show sales on April 10 and April 13 that materially reduced her stake. Large insider dispositions can sap confidence and add selling pressure. SEC Filing — Danesh Sales
- Negative Sentiment: Additional insider exits reported — Media aggregators list other executive/director sales (Adil Engineer, Donald Richmond II, Laura Oliphant), which collectively amplify near‑term downside risk if investors interpret this as insiders taking profits. Aehr Test Systems Director Sells $2,100,000.00 in Stock
Institutional Trading of Aehr Test Systems
A number of institutional investors have recently modified their holdings of the business. Sunbelt Securities Inc. purchased a new stake in shares of Aehr Test Systems in the third quarter worth about $27,000. Jones Financial Companies Lllp lifted its stake in shares of Aehr Test Systems by 3,448.3% in the third quarter. Jones Financial Companies Lllp now owns 1,029 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 1,000 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Aehr Test Systems in the fourth quarter worth about $25,000. RiverPark Advisors LLC acquired a new position in shares of Aehr Test Systems in the third quarter worth about $42,000. Finally, State of Wyoming acquired a new position in shares of Aehr Test Systems in the second quarter worth about $28,000. 69.69% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research analysts have weighed in on AEHR shares. Wall Street Zen upgraded Aehr Test Systems from a “strong sell” rating to a “sell” rating in a research note on Saturday. Lake Street Capital reiterated a “buy” rating on shares of Aehr Test Systems in a research note on Wednesday, April 8th. Weiss Ratings reiterated a “sell (d)” rating on shares of Aehr Test Systems in a research note on Wednesday, January 21st. Craig Hallum upgraded Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a research note on Wednesday, April 8th. Finally, William Blair upgraded 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 given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $68.00.
Read Our Latest Stock Report on AEHR
Aehr Test Systems Company Profile
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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