Stratos Wealth Partners LTD. Buys 3,368 Shares of Aehr Test Systems (NASDAQ:AEHR)

Stratos Wealth Partners LTD. increased its stake in shares of Aehr Test Systems (NASDAQ:AEHR) by 19.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 20,805 shares of the semiconductor company’s stock after purchasing an additional 3,368 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Aehr Test Systems were worth $552,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of AEHR. BlackRock Inc. increased its stake in shares of Aehr Test Systems by 253.4% in the second quarter. BlackRock Inc. now owns 1,830,555 shares of the semiconductor company’s stock worth $75,510,000 after buying an additional 1,312,565 shares during the period. Vanguard Group Inc. increased its position in shares of Aehr Test Systems by 0.8% in the third quarter. Vanguard Group Inc. now owns 1,470,375 shares of the semiconductor company’s stock valued at $67,196,000 after acquiring an additional 12,256 shares during the period. Ameriprise Financial Inc. purchased a new position in shares of Aehr Test Systems in the first quarter valued at about $42,623,000. Lord Abbett & CO. LLC raised its stake in shares of Aehr Test Systems by 141.6% during the third quarter. Lord Abbett & CO. LLC now owns 953,674 shares of the semiconductor company’s stock valued at $43,583,000 after acquiring an additional 558,908 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of Aehr Test Systems by 49.4% during the first quarter. Renaissance Technologies LLC now owns 766,800 shares of the semiconductor company’s stock worth $7,791,000 after purchasing an additional 253,700 shares during the period. 69.69% of the stock is owned by hedge funds and other institutional investors.

Aehr Test Systems Stock Performance

AEHR stock opened at $11.70 on Friday. The company has a market capitalization of $337.55 million, a price-to-earnings ratio of 22.50 and a beta of 1.97. The business’s 50 day moving average price is $14.96 and its two-hundred day moving average price is $23.00. Aehr Test Systems has a fifty-two week low of $10.53 and a fifty-two week high of $54.10.

Aehr Test Systems (NASDAQ:AEHR) last posted its quarterly earnings data on Tuesday, January 9th. The semiconductor company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. Aehr Test Systems had a return on equity of 19.02% and a net margin of 21.43%. The business had revenue of $21.43 million during the quarter, compared to the consensus estimate of $20.10 million. Sell-side analysts forecast that Aehr Test Systems will post 0.39 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on AEHR shares. William Blair restated a “market perform” rating on shares of Aehr Test Systems in a report on Monday, March 25th. Craig Hallum reaffirmed a “hold” rating and issued a $12.00 price target on shares of Aehr Test Systems in a research note on Tuesday, March 26th. Finally, StockNews.com downgraded shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a research report on Thursday.

Insider Buying and Selling

In related news, CEO Gayn Erickson sold 4,871 shares of the business’s stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $17.39, for a total transaction of $84,706.69. Following the sale, the chief executive officer now owns 427,935 shares of the company’s stock, valued at $7,441,789.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 8,738 shares of company stock worth $151,723 in the last three months. 11.30% of the stock is owned by corporate insiders.

About Aehr Test Systems

Aehr Test Systems provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, and package part form, and installed systems worldwide. Its product portfolio includes FOX-XP and FOX-NP systems that are full wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize range of devices, including silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices.