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Laura Oliphant, a director at AEHR Test Systems (NASDAQ:AEHR), sold 5,000 shares of common stock on July 25, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The timing of the sale comes as AEHR trades near its 52-week high of $23, having surged 44% in the past week alone. The shares were sold at a price of $21.5003, for a total transaction value of $107,501.
Following the transaction, Oliphant directly owns 22,978 shares of AEHR Test Systems, which includes shares subject to unvested restricted stock units. Oliphant also indirectly owns 7,665 shares through a trust.
In other recent news, Aehr Test Systems reported a decline in its fiscal fourth-quarter revenue, posting $14.1 million compared to $16.6 million in the same period last year. The company also noted a net loss of $2.9 million, a stark contrast to the GAAP net income of $23.9 million recorded in the previous fiscal year. The revenue fell short of the forecasted $14.8 million, reflecting a 4.73% shortfall, though the earnings per share met expectations. Despite the revenue dip, investor sentiment appeared optimistic, as seen in the aftermarket trading. In a separate development, Aehr Test Systems announced receiving follow-on orders from a leading hyperscaler customer for eight Sonoma ultra-high-power systems. These systems are intended for the volume production test and burn-in of AI processors, and the orders represent more than a doubling of production systems with this customer. The systems are scheduled to ship from Aehr’s Fremont, California facility over the next six months.
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