Independent Director of Aehr Test Systems Howard Slayen Buys 11% More Shares
finance.yahoo.com
Investors who take an interest in Aehr Test Systems, Inc. ( NASDAQ:AEHR) should definitely note that the Independent Director, Howard Slayen, recently paid US$15.50 per share to buy US$310k worth of the stock. That's a very solid buy in our book, and increased their holding by a noteworthy 11%.
Check out our latest analysis for Aehr Test Systems
Aehr Test Systems Insider Transactions Over The Last YearNotably, that recent purchase by Howard Slayen is the biggest insider purchase of Aehr Test Systems shares that we've seen in the last year. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$13.29). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
Happily, we note that in the last year insiders paid US$490k for 28.74k shares. But they sold 21.27k shares for US$405k. Overall, Aehr Test Systems insiders were net buyers during the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! |
