Aehr Test Systems (NASDAQ:AEHR) Shares Down 5.8% – Time to Sell?

Posted by Stanley Muller on Oct 8th, 2026

Aehr Test Systems (NASDAQ:AEHR – Get Free Report)’s share price dropped 5.8% on Tuesday. The stock traded as low as $99.15 and last traded at $98.3920. 1,163,256 shares traded hands during trading, a decline of 52% from the average daily volume of 2,446,824 shares. The stock had previously closed at $104.40.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AEHR. Craig Hallum reissued a “buy” rating and set a $125.00 target price on shares of Aehr Test Systems in a research report on Wednesday, July 15th. Weiss Ratings lowered Aehr Test Systems from a “sell (d)” rating to a “sell (e+)” rating in a report on Wednesday, July 29th. Lake Street Capital reiterated a “buy” rating and issued a $110.00 price target on shares of Aehr Test Systems in a research report on Wednesday, July 15th. Wall Street Zen upgraded Aehr Test Systems from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, Zacks Research lowered Aehr Test Systems from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Aehr Test Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.50.

Get Our Latest Stock Analysis on AEHR

Aehr Test Systems Stock Performance

The stock has a market capitalization of $2.92 billion, a PE ratio of -372.36 and a beta of 3.47. The business’s 50-day moving average price is $97.84 and its 200 day moving average price is $88.30.

Insiders Place Their Bets

In related news, COO Adil Engineer sold 15,000 shares of the firm’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 sale, the chief operating officer directly owned 46,977 shares of the company’s stock, valued at $6,154,926.54. This trade represents a 24.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Howard T. Slayen sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $108.30, for a total transaction of $2,166,000.00. Following the completion of the sale, the director directly owned 146,367 shares in the company, valued at $15,851,546.10. This represents a 12.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 109,475 shares of company stock worth $13,827,160. 4.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Aehr Test Systems

A number of institutional investors have recently made changes to their positions in AEHR. BlackRock Inc. bought a new stake in shares of Aehr Test Systems during the 2nd quarter worth $255,476,000. State Street Corp raised its position in Aehr Test Systems by 14.4% during the second quarter. State Street Corp now owns 712,926 shares of the semiconductor company’s stock valued at $68,484,000 after purchasing an additional 89,620 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Aehr Test Systems during the second quarter valued at about $64,433,000. AWM Investment Company Inc. bought a new stake in Aehr Test Systems during the second quarter worth about $36,004,000. Finally, Wellington Management Group LLP lifted its stake in Aehr Test Systems by 56.0% during the second quarter. Wellington Management Group LLP now owns 238,453 shares of the semiconductor company’s stock worth $22,906,000 after purchasing an additional 85,568 shares during the last quarter. Institutional investors own 69.69% of the company’s stock.

Aehr Test Systems Company Profile

(Get Free Report)

Aehr Test Systems (NASDAQ: AEHR) develops and manufactures test and burn-in equipment used by semiconductor manufacturers. Its systems are designed to identify reliability issues and manufacturing defects in integrated circuits, including devices tested at the wafer, die, and packaged-device levels.

The company’s product portfolio includes the FOX family of test and burn-in systems, WaferPak wafer-level test fixtures, and DiePak carriers for testing individual semiconductor dies. These solutions are used in the production of silicon carbide power semiconductors, silicon photonics devices, memory products, and other advanced semiconductor components.

Founded in 1977 and headquartered in Fremont, California, Aehr Test Systems serves semiconductor manufacturers and suppliers worldwide.