Geode Capital Management LLC Has $10.77 Million Stake in Aehr Test Systems (NASDAQ:AEHR)

Geode Capital Management LLC grew its position in Aehr Test Systems (NASDAQ:AEHR) by 1.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 647,610 shares of the semiconductor company’s stock after purchasing an additional 8,461 shares during the period. Geode Capital Management LLC owned approximately 2.18% of Aehr Test Systems worth $10,773,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Rice Hall James & Associates LLC lifted 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 acquiring an additional 235,625 shares in the last quarter. Baillie Gifford & Co. raised its holdings in shares of Aehr Test Systems by 12.0% in the fourth quarter. Baillie Gifford & Co. now owns 2,023,559 shares of the semiconductor company’s stock valued at $33,652,000 after purchasing an additional 216,710 shares during the last quarter. Pier Capital LLC lifted its position in shares of Aehr Test Systems by 27.2% in the fourth quarter. Pier Capital LLC now owns 524,231 shares of the semiconductor company’s stock worth $8,718,000 after purchasing an additional 112,154 shares in the last quarter. Annex Advisory Services LLC acquired a new position in Aehr Test Systems during the fourth quarter worth $1,303,000. Finally, Janney Montgomery Scott LLC bought a new position in Aehr Test Systems in the fourth quarter valued at $909,000. 69.69% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Aehr Test Systems to a “sell” rating in a research report on Wednesday, January 22nd.

Aehr Test Systems Stock Performance

Shares of NASDAQ AEHR opened at $8.30 on Wednesday. The stock has a market capitalization of $247.10 million, a PE ratio of 11.07 and a beta of 2.00. Aehr Test Systems has a 52 week low of $6.27 and a 52 week high of $21.44. The stock has a 50 day moving average price of $8.93 and a 200 day moving average price of $11.76.

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.