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Insider Cluster (7 insiders) ·Filed Apr 9, 2026

AEHR

AEHR TEST SYSTEMS
BEARISH
Impact 7/10
Horizonweeks Processed6mo ago
Insider cluster: 7 insiders, $5.7M total
Actionable Insight ▼ Bearish

Traders should be cautious: insider selling coinciding with a large equity raise suggests lack of confidence at the top, especially given the offering price is well below recent trading levels. Monitor short interest and trading volume for signs of follow-through selling pressure.

DirectionBearish
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
AEHR ▲ +5.03% at T+60d
SHORT call ✗ call lost -5.03% · α vs SPY +5.75% · entry $68.86 → $72.33
Entry = T+0 close
Apr 8, 2026
via day close
T+1d
+2.28%
call -2.28% · α -2.34%
$70.43
settled 7mo ago
T+5d
+17.41%
call -17.41% · α -14.23%
$80.85
settled 6mo ago
T+20d
+40.47%
call -40.47% · α -32.91%
$96.73
settled 6mo ago
T+60d
+5.03%
call -5.03% · α +5.75%
$72.33
settled 4mo ago

Price Chart

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Executive Summary

Seven corporate insiders at AEHR, including the CTO and COO, sold $5.71 million in shares over the past week, immediately following a $60 million at-the-market equity offering and recent earnings. The timing suggests insiders may have accelerated selling ahead of significant dilution, with open-market sales representing 0.25% of market cap.

Key Financial Metrics

Direction
selling
Total Value
$5.7M
Insiders
7

Key Facts

  • Insiders sold $5.71 million in stock over a 7-day window, including material sales by the CTO and COO.
  • Sales occurred just after AEHR announced a $60 million dilutive at-the-market equity offering priced at $52.16 per share.
  • Recent earnings missed revenue estimates but beat on EPS, with strong bookings of $37.2M.
  • Total insider sales represent 0.25% of the company's $2.3B market cap, a significant level for a coordinated cluster.
  • All open-market transactions were sales (S-code); derivative exercises (M-code) and non-cash events (A/F) were also reported but do not affect net cash proceeds.

Financial Impact

$5.71 million in open-market insider sales; $60 million capital raise causing immediate dilution

dilutioninsider ownershipmarket sentiment

Risk Factors

  • Further insider selling if the stock rebounds
  • Downward pressure on share price due to oversupply from the ATM offering

Market Snapshot

Exchange
Nasdaq
Sector
Instruments For Meas & Testing of Electricity & Elec Signals

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-AEHR-1776131283425
25 reports for AEHR
Performance horizon
36% Hit rate @ T+60 4 of 11 directional calls Went positive at some point 8 of 15 best @ T+60▲ +149.65%Feb 28, 2026
Filters
Rows
Reports for AEHR — sortable, filterable
TypeNow
Sep 10, 2026
6w ago
Institutional Cluster
MIXED ★ 5/10
$93.81awaiting T+60—$56.60 (−39.67%)
Aug 18, 2026
9w ago
Insider Cluster
BEARISH ★ 5/10
$123.25awaiting T+60—$56.60 (+54.08%)
Aug 14, 2026
10w ago
Insider Cluster
BEARISH ★ 5/10
$145.61awaiting T+60—$56.60 (+61.13%)
Aug 13, 2026
10w ago
Insider Cluster
BEARISH ★ 4/10
$134.06awaiting T+60—$56.60 (+57.78%)
Aug 13, 2026
10w ago
Insider Cluster
BEARISH ★ 5/10
$134.06awaiting T+60—$56.60 (+57.78%)
Aug 13, 2026
10w ago
Insider Cluster
NEUTRAL ★ 2/10
$134.06awaiting T+60—$56.60 (−57.78%)
Aug 11, 2026
10w ago
Insider Cluster
NEUTRAL ★ 3/10
$117.18awaiting T+60—$56.60 (−51.70%)
Aug 6, 2026
11w ago
Insider Cluster
NEUTRAL ★ 2/10
$103.07awaiting T+60—$56.60 (−45.09%)
Apr 22, 2026
26w ago
Insider Cluster
NEUTRAL ★ 2/10
$95.51 $98.91▲ +3.56%▼ −2.06%$56.60 (−40.74%)
Apr 21, 2026
26w ago
Insider Cluster
NEUTRAL ★ 4/10
$97.36 $77.36▼ −20.54%▼ −24.88%$56.60 (−41.87%)
Showing 10 of 25

US Market Status

Market Closed — Opens Tue (16h 58m)

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Report published Apr 13, 2026