Todays Report: Today, Insider Selling: Aehr Test Systems (AEHR) Insider Sold $58,000.00 in Stock

Today, Insider Selling: Aehr Test Systems (AEHR) Insider Sold $58,000.00 in Stock

Aehr Test Systems (NASDAQ:AEHR) insider Gayn Erickson sold 20,000 shares of the stock in a transaction that occurred on Monday, October 10th. The shares were sold at an average price of $2.90, for a total transaction of $58,000.00. Following the sale, the insider now directly owns 338,469 shares of the company’s stock, valued at $981,560.10. The sale was disclosed in a document filed with the SEC, which is available through this link.

Gayn Erickson also recently made the following trade(s): On Friday, October 7th, Gayn Erickson sold 10,000 shares of Aehr Test Systems stock. The shares were sold at an average price of $2.82, for a total transaction of $28,200.00.

Aehr Test Systems (NASDAQ:AEHR) opened at 2.77 on Monday. The stock’s market capitalization is $36.89 million. The company has a 50 day moving average of $2.62 and a 200-day moving average of $1.80. Aehr Test Systems has a 12-month low of $0.95 and a 12-month high of $3.42.

Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings results on Thursday, September 29th. The company reported ($0.04) earnings per share (EPS) for the quarter. Aehr Test Systems had a negative net margin of 59.41% and a negative return on equity of 387.82%. The company earned $5.30 million during the quarter.

Separately, Craig Hallum started coverage on shares of Aehr Test Systems in a report on Monday, October 10th. They issued a “buy” rating and a $5.00 target price for the company.

Aehr Test Systems Company Profile

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