Vanguard Group Inc. Raises Position in Aehr Test Systems (NASDAQ:AEHR)

Vanguard Group Inc. increased its stake in shares of Aehr Test Systems (NASDAQ:AEHR) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,183,641 shares of the semiconductor company’s stock after buying an additional 44,881 shares during the quarter. Vanguard Group Inc. owned 7.35% of Aehr Test Systems worth $36,314,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. LPL Financial LLC purchased a new position in Aehr Test Systems during the 4th quarter worth $874,000. HighTower Advisors LLC lifted its position in shares of Aehr Test Systems by 18.1% during the fourth quarter. HighTower Advisors LLC now owns 13,256 shares of the semiconductor company’s stock valued at $220,000 after purchasing an additional 2,032 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Aehr Test Systems during the fourth quarter worth about $272,000. Bank of New York Mellon Corp grew its position in Aehr Test Systems by 9.4% in the 4th quarter. Bank of New York Mellon Corp now owns 89,631 shares of the semiconductor company’s stock worth $1,491,000 after purchasing an additional 7,680 shares in the last quarter. Finally, Rice Hall James & Associates LLC increased its stake in Aehr Test Systems by 59.1% in the 4th quarter. Rice Hall James & Associates LLC now owns 634,391 shares of the semiconductor company’s stock valued at $10,550,000 after buying an additional 235,625 shares during the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

Aehr Test Systems Price Performance

NASDAQ AEHR opened at $8.52 on Monday. The business’s fifty day moving average is $9.27 and its 200-day moving average is $11.96. The stock has a market capitalization of $253.15 million, a price-to-earnings ratio of 11.36 and a beta of 2.00. Aehr Test Systems has a one year low of $6.27 and a one year high of $21.44.

Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings data on Monday, January 13th. The semiconductor company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.02). Aehr Test Systems had a return on equity of 21.09% and a net margin of 43.41%. Research analysts expect that Aehr Test Systems will post 0.1 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com upgraded Aehr Test Systems to a “sell” rating in a research note on Wednesday, January 22nd.

Aehr Test Systems Company Profile

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.