Insider Selling: Aehr Test Systems (NASDAQ:AEHR) VP Sells 3,500 Shares of Stock

Aehr Test Systems (NASDAQ:AEHR) VP Didier Wimmers sold 3,500 shares of the stock in a transaction on Monday, April 13th. The stock was sold at an average price of $71.11, for a total transaction of $248,885.00. Following the completion of the transaction, the vice president directly owned 12,559 shares in the company, valued at $893,070.49. The trade was a 21.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Didier Wimmers also recently made the following trade(s):

• On Wednesday, April 15th, Didier Wimmers sold 1,900 shares of Aehr Test Systems stock. The stock was sold at an average price of $72.02, for a total transaction of $136,838.00.

Aehr Test Systems Trading Down 1.6%

Shares of NASDAQ:AEHR traded down $1.16 during trading on Wednesday, reaching $73.22. The company had a trading volume of 2,657,284 shares, compared to its average volume of 2,075,885. The company has a fifty day moving average of $39.51 and a two-hundred day moving average of $30.01. The stock has a market capitalization of $2.30 billion, a P/E ratio of -192.68 and a beta of 2.28. Aehr Test Systems has a 12 month low of $7.71 and a 12 month high of $75.88.

Aehr Test Systems (NASDAQ:AEHR) last issued its quarterly earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.02. The firm had revenue of $10.31 million for the quarter, compared to analyst estimates 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 research analysts predict that Aehr Test Systems will post 0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

AEHR has been the topic of a number of analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Aehr Test Systems in a research report on Wednesday, January 21st. William Blair raised Aehr Test Systems from a “market perform” rating to an “outperform” rating in a research note on Monday, March 2nd. Wall Street Zen raised Aehr Test Systems from a “strong sell” rating to a “sell” rating in a research note on Saturday. Lake Street Capital reaffirmed a “buy” rating on shares of Aehr Test Systems in a research note on Wednesday, April 8th. Finally, Craig Hallum raised Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 price objective on the stock in a research note on Wednesday, April 8th. Three investment 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. According to MarketBeat.com, Aehr Test Systems has an average rating of “Hold” and a consensus target price of $68.00.

Institutional Investors Weigh In On Aehr Test Systems

A number of large investors have recently added to or reduced their stakes in the company. Millennium Management LLC grew its holdings in Aehr Test Systems by 0.8% in the 4th quarter. Millennium Management LLC now owns 59,219 shares of the semiconductor company’s stock worth $1,196,000 after acquiring an additional 492 shares during the last quarter. State of Wyoming grew its holdings in Aehr Test Systems by 26.7% in the 3rd quarter. State of Wyoming now owns 2,777 shares of the semiconductor company’s stock worth $84,000 after acquiring an additional 586 shares during the last quarter. Sunbelt Securities Inc. bought a new stake in Aehr Test Systems in the 3rd quarter worth $27,000. Jones Financial Companies Lllp grew its holdings in 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 worth $31,000 after acquiring an additional 1,000 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Aehr Test Systems by 7.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 15,576 shares of the semiconductor company’s stock worth $201,000 after acquiring an additional 1,145 shares during the last quarter. Institutional investors own 69.69% of the company’s stock.

More Aehr Test Systems News

Here are the key news stories impacting Aehr Test Systems this week:

• Positive Sentiment: Technical momentum: AEHR’s 50-day moving average recently crossed above the 200-day (a “golden cross”), which can attract momentum traders and support price strength. Zacks: Technical Outlook
• Positive Sentiment: Analyst support: Recent upgrades and bullish notes (e.g., Craig Hallum, William Blair, Lake Street) have lifted sentiment and helped justify higher target prices. MarketBeat AEHR Coverage
• Neutral Sentiment: Mixed fundamentals: AEHR beat EPS estimates for the quarter (reported ($0.05) vs. ($0.07) expected) but missed revenue forecasts slightly — a mixed report that supports momentum trading but leaves fundamental investors cautious. Quarterly Results
• Negative Sentiment: Large CEO sales: CEO Gayn Erickson disclosed multi-million-dollar sales (~96k and 56.8k shares at ~$70.58) on April 10; even when explained as tax-withholding for vested awards, such high-profile sales can create near-term selling pressure and raise questions about insider conviction. CEO Erickson SEC Filing
• Negative Sentiment: Cluster of officer/director sales: VP Alistair Sporck, COO Adil Engineer, Director Fariba Danesh and others sold shares (transactions ranging from thousands to tens of thousands of shares) around April 9–13 to cover tax withholding on awards — the cumulative volume may weigh on sentiment. InsiderTrades: Insider Activity
• Negative Sentiment: Press aggregation of sales: Media reports summarize roughly $2M+ of recent insider sales, reinforcing a narrative of insider liquidity events that investors are parsing and likely contributing to today’s weakness. American Banking News: Insider Sales

About Aehr Test Systems

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.