The dollar amount of this cluster is too small relative to AEHR's $3.3B market cap to provide a reliable directional signal. Monitor next quarterly earnings or any 8-K for material operational developments that would justify a directional stance.
Price Chart
Executive Summary
Two insiders at AEHR Test Systems sold a combined $2.24M in open-market sales over a 7-day window. The largest trade ($2.17M) came from Director Howard Slayen, while VP Alistair Sporck also sold a smaller block. The total sales represent about 0.07% of AEHR's $3.3B market cap—well below the 0.1% threshold for materiality, making this a routine cluster from a proportionality perspective.
Key Financial Metrics
Key Facts
- Total insider sales: $2.24M, representing ~0.07% of $3.3B market cap
- Director Howard Slayen sold 20,000 shares for $2.17M at $108.30 on 2026-08-04
- VP Alistair Sporck sold 699 shares for $70K at $100.69 on 2026-08-04
- No open-market purchases in the cluster; only one non-cash gift and one tax-withholding transaction
Financial Impact
Total insider cash-out of $2.24M represents ~0.07% of market cap—trivial from a dilution/supply perspective
Risk Factors
- Insider selling is purely liquidity-driven; no informational content per academic literature on cluster sells
- CEO/CFO did not sell, reducing signal strength of this director-plus-VP selling cluster
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AEHR-1786078902590 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 6w ago | Institutional Cluster | $93.81 | awaiting T+60 | — | $56.60 (−39.67%) |
Aug 18, 2026 9w ago | Insider Cluster | $123.25 | awaiting T+60 | — | $56.60 (+54.08%) |
Aug 14, 2026 10w ago | Insider Cluster | $145.61 | awaiting T+60 | — | $56.60 (+61.13%) |
Aug 13, 2026 10w ago | Insider Cluster | $134.06 | awaiting T+60 | — | $56.60 (+57.78%) |
Aug 13, 2026 10w ago | Insider Cluster | $134.06 | awaiting T+60 | — | $56.60 (+57.78%) |
Aug 13, 2026 10w ago | Insider Cluster | $134.06 | awaiting T+60 | — | $56.60 (−57.78%) |
Aug 11, 2026 10w ago | Insider Cluster | $117.18 | awaiting T+60 | — | $56.60 (−51.70%) |
Aug 6, 2026 11w ago | Insider Cluster | $103.07 | awaiting T+60 | — | $56.60 (−45.09%) |
Apr 22, 2026 26w ago | Insider Cluster | $95.51 $98.91 | ▲ +3.56% | ▼ −2.06% | $56.60 (−40.74%) |
Apr 21, 2026 26w ago | Insider Cluster | $97.36 $77.36 | ▼ −20.54% | ▼ −24.88% | $56.60 (−41.87%) |
US Market Status
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