Aehr Test Systems (NASDAQ:AEHR) is Attracting Smart Money

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Aehr Test Systems (NASDAQ:AEHR) reported that Awm Investment Company, Inc. has picked up 578,925 of common stock as of 2017-04-05.

The acquisition brings the aggregate amount owned by Awm Investment Company, Inc. to a total of 578,925 representing a 3.5% stake in the company.

For those not familiar with the company, Aehr Test Systems is engaged in the designing, manufacturing and marketing of advanced test and burn-in products to the semiconductor manufacturing industry. The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories. The Company’s principal products are the Advanced Burn-In and Test System (ABTS), the FOX full wafer contact parallel test and burn-in systems, WaferPak full wafer contactor, the DiePak carrier and test fixtures. The Company develops, manufactures and sells systems, which are designed to reduce the cost of testing and to perform reliability screening, or burn-in, of complex logic devices, memory integrated circuits (ICs), sensors and optical devices. These systems can be used to perform parallel testing and burn-in of packaged ICs, singulated bare die or ICs still in wafer form.

A glance at Aehr Test Systems (NASDAQ:AEHR)’s key stats reveals a current market capitalization of 66.93 Million based on 16.64 Million shares outstanding and a price at last close of $4.33 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2015-08-17, Anderson picked up 1,500 at a purchase price of $2.22. This brings their total holding to 429,009 as of the date of the filing.

On the sell side, the most recent transaction saw Hendrickson unload 5,000 shares at a sale price of $4.83. This brings their total holding to 15,663.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Aehr Test Systems (NASDAQ:AEHR) as things move forward to see if its progress aligns with these transactions.

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