Aehr Test Systems (NASDAQ:AEHR) Trading Down 13% on Insider Selling

Posted by Brian Himes on May 18th, 2026

Aehr Test Systems (NASDAQ:AEHR – Get Free Report) shares were down 13% during mid-day trading on Monday following insider selling activity. The stock traded as low as $87.56 and last traded at $86.5720. Approximately 805,451 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 2,363,086 shares. The stock had previously closed at $99.50.

Specifically, Director Howard T. Slayen sold 6,819 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $104.73, for a total transaction of $714,153.87. Following the transaction, the director owned 169,709 shares of the company’s stock, valued at $17,773,623.57. The trade was a 3.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Wall Street Analyst Weigh In

AEHR has been the topic of a number of research reports. Wall Street Zen lowered shares of Aehr Test Systems from a “sell” rating to a “strong sell” rating in a report on Saturday. Craig Hallum upgraded Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 target price for the company in a research report on Wednesday, April 8th. Lake Street Capital restated a “buy” rating on shares of Aehr Test Systems in a report on Wednesday, April 8th. William Blair upgraded Aehr Test Systems from a “market perform” rating to an “outperform” rating in a research note on Monday, March 2nd. Finally, Weiss Ratings upgraded Aehr Test Systems from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $68.00.

Check Out Our Latest Report on Aehr Test Systems

Aehr Test Systems Stock Performance

The stock has a market cap of $2.64 billion, a P/E ratio of -222.75 and a beta of 3.26. The firm has a 50 day moving average of $64.54 and a two-hundred day moving average of $39.62.

Aehr Test Systems (NASDAQ:AEHR – Get Free Report) last announced its earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.07) by $0.02. The business had revenue of $10.31 million during the quarter, compared to analysts’ expectations of $10.85 million. Aehr Test Systems had a negative net margin of 25.23% and a negative return on equity of 7.15%. On average, sell-side analysts anticipate that Aehr Test Systems will post -0.31 EPS for the current fiscal year.

Institutional Trading of Aehr Test Systems

Several large investors have recently bought and sold shares of AEHR. State of Alaska Department of Revenue bought a new stake in shares of Aehr Test Systems in the 4th quarter valued at approximately $377,000. Halter Ferguson Financial Inc. boosted its position in shares of Aehr Test Systems by 41.7% during the 4th quarter. Halter Ferguson Financial Inc. now owns 642,129 shares of the semiconductor company’s stock worth $12,965,000 after purchasing an additional 189,117 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Aehr Test Systems by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 2,337,433 shares of the semiconductor company’s stock worth $47,193,000 after purchasing an additional 49,243 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Aehr Test Systems in the fourth quarter worth about $407,000. Finally, HighTower Advisors LLC raised its stake in Aehr Test Systems by 485.1% during the third quarter. HighTower Advisors LLC now owns 78,340 shares of the semiconductor company’s stock valued at $2,359,000 after buying an additional 64,950 shares in the last quarter. 69.69% of the stock is owned by institutional investors.

About Aehr Test Systems

(Get Free Report)

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.