In yesterday’s Wall Street session, Aehr Test Systems (NASDAQ:AEHR) shares traded at $39.89, up 3.05% from the previous session.
AEHR stock price is now 12.79% away from the 50-day moving average and 39.55% away from the 200-day moving average. The market capitalization of the company currently stands at $1.10B.
In other news, ROSATI MARIO M, Director sold 1,201 shares of the company’s stock on Jun 08. The stock was sold for $49,409 at an average price of $41.14. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 06, Director ROSATI MARIO M sold 541 shares of the business’s stock. A total of $21,927 was realized by selling the stock at an average price of $40.53. Insiders disposed of 1,345,121 shares of company stock worth roughly $53.66 million over the past 1 year. A total of 4.90% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AEHR stock. A new stake in Aehr Test Systems shares was purchased by AMERIPRISE FINANCIAL INC during the first quarter worth $54,810,000. LORD, ABBETT & CO. LLC invested $13,122,000 in shares of AEHR during the first quarter. In the first quarter, NEXT CENTURY GROWTH INVESTORS LLC acquired a new stake in Aehr Test Systems valued at approximately $11,512,000. D. E. SHAW & CO., INC. acquired a new stake in AEHR for approximately $11,195,000. AGF MANAGEMENT LTD purchased a new stake in AEHR valued at around $8,585,000 in the second quarter. In total, there are 166 active investors with 44.30% ownership of the company’s stock.
Wednesday morning saw Aehr Test Systems (NASDAQ: AEHR) opened at $40.30. During the past 12 months, Aehr Test Systems has had a low of $7.00 and a high of $44.25. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 8.20, and a quick ratio of 5.90. According to the stock market information, the enterprise value for the company is $1.09B, which is based on a 81.08 price-to-earnings ratio, a 4.05 price-to-earnings-growth ratio, and a beta of 2.01. The fifty day moving average price for AEHR is $35.67 and a two-hundred day moving average price translates $28.71 for the stock.
The latest earnings results from Aehr Test Systems (NASDAQ: AEHR) was released for Feb, 2023. According to the Semiconductor Equipment & Materials Company, earnings per share came in at $0.16, beating analysts’ expectations of $0.14 by 0.02. This compares to $0.08 EPS in the same period last year. The net profit margin was 22.60% and return on equity was 25.00% for AEHR. The company reported revenue of $17.21 million for the quarter, compared to $15.28 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.58 percent. For the current quarter, analysts expect AEHR to generate $22.01M in revenue.
Aehr Test Systems(AEHR) Company Profile
Aehr Test Systems provides test systems for burning-in semiconductor devices in wafer level, singulated die, and package part form worldwide. Its products include ABTS system that is used in the production and qualification testing of packaged parts for lower power and higher power logic devices, as well as for common types of memory devices; and FOX-XP and FOX-NP systems that are full wafer contact and singulated die/module test and burn-in systems for burn-in and functional test of complex devices, such as leading-edge silicon carbide-based power semiconductors, memories, digital signal processors, microprocessors, microcontrollers, systems-on-a-chip, and integrated optical devices. The company’s products also comprise FOX-CP system, a single-wafer compact test and reliability verification solution for logic, memory, and photonic devices; FOX WaferPak Aligner; FOX WaferPak Contactor, which contains a full wafer probe card capable of testing wafers up to 300mm that enables IC manufacturers to perform test and burn-in of full wafers on its FOX systems; FOX DiePak Carrier, a reusable temporary package that enables IC manufacturers to perform final test and burn-in of bare die and modules; and FOX DiePak Loader. Aehr Test Systems was incorporated in 1977 and is headquartered in Fremont, California.
