Adil Engineer Sells 15,000 Shares of Aehr Test Systems (NASDAQ:AEHR) Stock

Aehr Test Systems (NASDAQ:AEHR) COO Adil Engineer sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $131.02, for a total value of $1,965,300.00. Following the completion of the sale, the chief operating officer owned 46,977 shares in the company, valued at $6,154,926.54. The trade was a 24.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Aehr Test Systems Stock Performance

NASDAQ:AEHR opened at $134.06 on Friday. Aehr Test Systems has a fifty-two week low of $16.38 and a fifty-two week high of $147.40. The company has a 50 day simple moving average of $92.83 and a two-hundred day simple moving average of $71.45. The company has a market capitalization of $4.37 billion, a PE ratio of -558.56 and a beta of 3.10.

Aehr Test Systems News Summary

Here are the key news stories impacting Aehr Test Systems this week:

• Positive Sentiment: Jefferies initiated coverage with a bullish view, helping drive renewed investor interest. The analyst reportedly described the price target as conservative and identified additional potential catalysts that were not included in the model. Jefferies Initiates Coverage on Aehr Test Systems
• Positive Sentiment: Aehr received a $22 million follow-on order from its lead customer for wafer-level burn-in systems used with advanced AI training and inference processors. The repeat business supports demand for the company’s FOX systems and strengthens its position in AI and high-performance computing. Aehr Receives $22 Million Follow-on Order
• Positive Sentiment: Recent company updates pointed to record quarterly bookings of $60.7 million, a backlog of approximately $100.6 million and fiscal 2027 revenue guidance of $130 million to $150 million. These figures provide revenue visibility and support the investment case tied to rising AI-chip testing demand. Aehr AI Order and WLBI Opportunity
• Neutral Sentiment: CEO Gayn Erickson and CFO Chris Siu will meet investors at the Needham Virtual Semiconductor and SemiCap 1×1 Conference on August 19. The event could provide further commentary on backlog conversion and fiscal 2027 execution, but no new financial information was announced. Aehr to Participate in Needham Conference
• Negative Sentiment: Several insiders sold shares after AEHR’s sharp rally. The transactions included the CEO’s sale of 40,000 shares for about $5.2 million, the COO’s sale of 15,000 shares for roughly $2.0 million, and additional director and executive sales. Although insiders retained sizable positions—and the CEO sale came from a trust—such activity may signal profit-taking and add selling pressure. Aehr CEO Share Sale
• Negative Sentiment: One analyst began coverage on a bearish note, highlighting the risk that expectations have become difficult to meet after the stock’s extraordinary advance. AEHR’s elevated valuation and dependence on continued AI order growth leave it vulnerable if bookings, backlog conversion or execution disappoints. Bearish Analyst Initiation

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Craig Hallum reissued a “buy” rating and set a $125.00 target price on shares of Aehr Test Systems in a research note on Wednesday, July 15th. Zacks Research raised shares of Aehr Test Systems from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Wall Street Zen upgraded Aehr Test Systems from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Lake Street Capital reissued a “buy” rating and issued a $110.00 price objective on shares of Aehr Test Systems in a research report on Wednesday, July 15th. Finally, Freedom Capital raised Aehr Test Systems from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $136.67.

Institutional Trading of Aehr Test Systems

Several large investors have recently modified their holdings of AEHR. Advocate Investing Services LLC bought a new stake in shares of Aehr Test Systems in the 2nd quarter valued at $26,000. Compagnie Lombard Odier SCmA acquired a new position in shares of Aehr Test Systems during the 2nd quarter valued at $34,000. Millennium Management LLC boosted its stake in Aehr Test Systems by 0.8% during the fourth quarter. Millennium Management LLC now owns 59,219 shares of the semiconductor company’s stock worth $1,196,000 after acquiring an additional 492 shares in the last quarter. KBC Group NV bought a new position in Aehr Test Systems during the first quarter worth $30,000. Finally, CoreCap Advisors LLC grew its holdings in Aehr Test Systems by 241.8% in the second quarter. CoreCap Advisors LLC now owns 1,251 shares of the semiconductor company’s stock worth $120,000 after purchasing an additional 885 shares during the period. Institutional investors and hedge funds own 69.69% of the company’s stock.

About Aehr Test Systems

Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.

The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.