Aehr Test Systems (NASDAQ:AEHR – Get Rating) Director Mario M. Rosati sold 2,500 shares of Aehr Test Systems stock in a transaction on Thursday, February 2nd. The stock was sold at an average price of $36.27, for a total value of $90,675.00. Following the completion of the sale, the director now directly owns 1,201 shares of the company’s stock, valued at approximately $43,560.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
NASDAQ:AEHR opened at $35.81 on Tuesday. The stock has a 50-day simple moving average of $26.57 and a two-hundred day simple moving average of $20.60. Aehr Test Systems has a 52-week low of $6.71 and a 52-week high of $37.30. The firm has a market capitalization of $994.09 million, a PE ratio of 83.28 and a beta of 2.03.
Get Aehr Test Systems alerts:Several analysts recently commented on the company. Craig Hallum lifted their price objective on Aehr Test Systems from $31.00 to $45.00 in a report on Friday, January 20th. TheStreet lowered Aehr Test Systems from a “b-” rating to a “c+” rating in a report on Tuesday, October 18th. Finally, William Blair assumed coverage on Aehr Test Systems in a report on Monday, October 17th. They set an “outperform” rating for the company.
Hedge funds have recently bought and sold shares of the stock. Point72 Asset Management L.P. bought a new position in shares of Aehr Test Systems in the third quarter worth about $4,752,000. Oberweis Asset Management Inc. boosted its stake in shares of Aehr Test Systems by 190.0% in the third quarter. Oberweis Asset Management Inc. now owns 508,339 shares of the semiconductor company’s stock worth $7,168,000 after acquiring an additional 333,039 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Aehr Test Systems by 49.4% in the first quarter. Renaissance Technologies LLC now owns 766,800 shares of the semiconductor company’s stock worth $7,791,000 after acquiring an additional 253,700 shares during the period. AWM Investment Company Inc. boosted its stake in shares of Aehr Test Systems by 16.7% in the second quarter. AWM Investment Company Inc. now owns 1,647,319 shares of the semiconductor company’s stock worth $12,355,000 after acquiring an additional 236,329 shares during the period. Finally, D L Carlson Investment Group Inc. bought a new position in shares of Aehr Test Systems in the third quarter worth about $3,127,000. Institutional investors own 42.97% of the company’s stock.
(Get Rating)
Aehr Test Systems engages in the design, manufacture and marketing of test and burn-in products to the semiconductor manufacturing industry. Its products include wafer contact test systems, test during burn-in systems, test fixtures and die carriers. The company was founded by Rhea J. Posedel on May 25, 1977 and is headquartered in Fremont, CA.
Receive News & Ratings for Aehr Test Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aehr Test Systems and related companies with MarketBeat.com's FREE daily email newsletter.
