Aehr Test Systems (NASDAQ:AEHR – Get Rating) Director Rhea J. Posedel sold 40,000 shares of the company’s stock in a transaction on Friday, January 20th. The stock was sold at an average price of $31.40, for a total value of $1,256,000.00. Following the transaction, the director now directly owns 563,821 shares in the company, valued at approximately $17,703,979.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Aehr Test Systems Stock Performance
Shares of Aehr Test Systems stock opened at $34.00 on Wednesday. The firm has a fifty day moving average of $24.67 and a two-hundred day moving average of $18.91. The stock has a market capitalization of $943.81 million, a price-to-earnings ratio of 79.07 and a beta of 1.80. Aehr Test Systems has a 52 week low of $6.71 and a 52 week high of $35.25.
Institutional Trading of Aehr Test Systems
Institutional investors and hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp increased its position in shares of Aehr Test Systems by 71.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 71,671 shares of the semiconductor company’s stock valued at $1,011,000 after buying an additional 29,843 shares in the last quarter. Weiss Asset Management LP bought a new stake in shares of Aehr Test Systems in the 3rd quarter valued at $2,420,000. D L Carlson Investment Group Inc. bought a new stake in shares of Aehr Test Systems in the 3rd quarter valued at $3,127,000. BNP Paribas Arbitrage SNC bought a new stake in shares of Aehr Test Systems in the 3rd quarter valued at $68,000. Finally, State Street Corp increased its position in shares of Aehr Test Systems by 4.9% in the 3rd quarter. State Street Corp now owns 77,356 shares of the semiconductor company’s stock valued at $1,091,000 after buying an additional 3,600 shares in the last quarter. Institutional investors own 42.97% of the company’s stock.
Analyst Ratings Changes
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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