Alistair N. Sporck Sells 470 Shares of Aehr Test Systems (NASDAQ:AEHR) Stock

Aehr Test Systems (NASDAQ:AEHR – Get Rating) VP Alistair N. Sporck sold 470 shares of Aehr Test Systems stock in a transaction that occurred on Monday, January 23rd. The stock was sold at an average price of $34.52, for a total transaction of $16,224.40. Following the completion of the transaction, the vice president now owns 13,124 shares in the company, valued at approximately $453,040.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Aehr Test Systems Trading Up 6.4 %

NASDAQ:AEHR traded up $2.19 during trading hours on Wednesday, hitting $36.19. 1,754,254 shares of the stock traded hands, compared to its average volume of 2,437,697. The firm has a 50 day moving average price of $24.67 and a 200 day moving average price of $18.91. Aehr Test Systems has a fifty-two week low of $6.71 and a fifty-two week high of $36.63. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of 84.28 and a beta of 1.80.

Institutional Trading of Aehr Test Systems

Several large investors have recently added to or reduced their stakes in AEHR. Clearview Wealth Advisors LLC acquired a new stake in Aehr Test Systems during the 3rd quarter valued at $25,000. Optimum Investment Advisors acquired a new stake in Aehr Test Systems during the 3rd quarter valued at $35,000. BNP Paribas Arbitrage SNC purchased a new position in shares of Aehr Test Systems during the 3rd quarter valued at $68,000. Tower Research Capital LLC TRC grew its holdings in shares of Aehr Test Systems by 1,568.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 6,724 shares of the semiconductor company’s stock valued at $95,000 after acquiring an additional 6,321 shares in the last quarter. Finally, Ergoteles LLC purchased a new position in shares of Aehr Test Systems during the 1st quarter valued at $117,000. 42.97% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AEHR has been the topic of several recent research reports. Craig Hallum lifted their price target on shares of Aehr Test Systems from $31.00 to $45.00 in a research report on Friday, January 20th. TheStreet lowered shares of Aehr Test Systems from a “b-” rating to a “c+” rating in a research report on Tuesday, October 18th. StockNews.com raised shares of Aehr Test Systems from a “sell” rating to a “hold” rating in a research note on Friday, October 7th. Finally, William Blair assumed coverage on shares of Aehr Test Systems in a research note on Monday, October 17th. They set an “outperform” rating on the stock.

Aehr Test Systems Company Profile

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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.