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Aehr Test Systems CEO Disposes Shares Worth $62,619
The Motley Foolยท 2025-07-17 18:40
Company Overview - Aehr Test Systems specializes in test and burn-in systems for integrated circuits, including the ABTS and FOX product families, as well as wafer probing and packaging solutions for logic, memory, and photonic devices in the semiconductor equipment industry [4] - The company generates revenue primarily from the sale of proprietary test systems, consumables, and related services to semiconductor manufacturers [5] - Aehr Test Systems targets global semiconductor manufacturers and integrated circuit producers seeking advanced reliability and quality assurance solutions [5] Financial Performance - As of July 2025, the market capitalization of Aehr Test Systems is $441.6 million [3] - The company reported a revenue of $59.0 million for the trailing twelve months (TTM) [3] - The net income for the same period is a loss of $3.91 million [3] - The one-year price change for the company's stock is -14.49% [3] - Year-to-date performance as of July 16, 2025, shows a decline of -11.1% [2] Recent Developments - CEO Gayn Erickson disposed of 4,518 shares valued at $62,619 to cover the exercise price of vested stock or tax liabilities, which does not constitute a sale of stock [1][6] - Post-transaction, Erickson holds 272,511 shares, valued at approximately $3.8 million [2] - The transaction is linked to the vesting of restricted stock units, indicating that Erickson's stock holdings will increase [7] Market Position and Future Outlook - Aehr Test Systems has successfully diversified its revenue streams by entering new markets such as gallium nitride (GaN) semiconductors and artificial intelligence processor burn-in markets, moving away from a heavy reliance on the silicon carbide (SiC) Wafer Level Burn In (WLBI) market [8] - The company is expected to benefit from a potential return to growth in the SiC WLBI market as the electric vehicle market improves [9][10]