Aehr Test Systems (NASDAQ:AEHR – Get Rating) Director Rhea J. Posedel sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, January 20th. The stock was sold at an average price of $31.40, for a total transaction of $1,256,000.00. Following the transaction, the director now owns 563,821 shares of the company’s stock, valued at approximately $17,703,979.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Aehr Test Systems Price Performance
Shares of NASDAQ:AEHR traded down $0.46 during mid-day trading on Tuesday, hitting $34.00. The company had a trading volume of 1,508,833 shares, compared to its average volume of 2,482,949. The firm has a fifty day moving average price of $24.51 and a 200 day moving average price of $18.73. The company has a market capitalization of $943.81 million, a PE ratio of 80.14 and a beta of 1.80. Aehr Test Systems has a one year low of $6.71 and a one year high of $35.25.
Wall Street Analyst Weigh In
Several research firms have issued reports on AEHR. StockNews.com upgraded shares of Aehr Test Systems from a “sell” rating to a “hold” rating in a report on Friday, October 7th. TheStreet lowered shares of Aehr Test Systems from a “b-” rating to a “c+” rating in a report on Tuesday, October 18th. William Blair began coverage on shares of Aehr Test Systems in a report on Monday, October 17th. They set an “outperform” rating for the company. Finally, Craig Hallum raised their price target on shares of Aehr Test Systems from $31.00 to $45.00 in a report on Friday.
Institutional Trading of Aehr Test Systems
About Aehr Test Systems
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.
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