# Aehr Test Systems (AEHR): value investors who own it

2 value investors held Aehr Test Systems in their Q3 2026 13F, led by Polen Capital Management, Horizon Kinetics.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Polen Capital Management | 0.1% | $6.4m | Trimmed -17% | 5 |
| Horizon Kinetics | 0.0% | $699k | Trimmed -66% | 4 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-08-17 | ROGERS VERNON | Exec VP of Sales & Mktg. | Sold | 3994 | $574k |
| 2026-08-14 | POSEDEL RHEA J | Director | Sold | 5973 | $836k |
| 2026-08-14 | SLAYEN HOWARD T | Director | Sold | 5700 | $758k |
| 2026-08-14 | ROGERS VERNON | Exec VP of Sales & Mktg. | Sold | 1000 | $139k |
| 2026-08-14 | ROGERS VERNON | Exec VP of Sales & Mktg. | Sold | 1000 | $134k |
| 2026-08-13 | SALAMONE ALBERTO | EVP, PPBI BUSINESS | Sold | 5472 | $698k |
| 2026-08-13 | SALAMONE ALBERTO | EVP, PPBI BUSINESS | Sold | 4200 | $538k |
| 2026-08-12 | Erickson Gayn | President and CEO | Sold | 38452 | $5.0m |
| 2026-08-12 | SCOTT GEOFFREY GATES | Director | Sold | 20000 | $2.6m |
| 2026-08-12 | POSEDEL RHEA J | Director | Sold | 8413 | $1.1m |
| 2026-08-12 | ENGINEER ADIL | Chief Operating Officer | Sold | 7500 | $983k |
| 2026-08-12 | ENGINEER ADIL | Chief Operating Officer | Sold | 7500 | $982k |
| 2026-08-12 | OLIPHANT LAURA | Director | Sold | 1717 | $228k |
| 2026-08-12 | Erickson Gayn | President and CEO | Sold | 1548 | $205k |
| 2026-08-10 | SPORCK ALISTAIR N | VP Contactor Business Unit | Sold | 1000 | $108k |
| 2026-08-04 | SLAYEN HOWARD T | Director | Sold | 20000 | $2.2m |
| 2026-08-04 | SPORCK ALISTAIR N | VP Contactor Business Unit | Sold | 1301 | $132k |
| 2026-08-04 | SPORCK ALISTAIR N | VP Contactor Business Unit | Sold | 699 | $70k |
| 2026-07-16 | SCOTT GEOFFREY GATES | Director | Sold | 20000 | $1.6m |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/aehr). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.