JPMorgan Chase & Co. Buys 2,076 Shares of Aehr Test Systems (NASDAQ:AEHR)

JPMorgan Chase & Co. increased its stake in Aehr Test Systems (NASDAQ:AEHR) by 15.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,591 shares of the semiconductor company’s stock after buying an additional 2,076 shares during the period. JPMorgan Chase & Co. owned 0.05% of Aehr Test Systems worth $259,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of AEHR. Barclays PLC lifted its stake in shares of Aehr Test Systems by 27.3% in the 3rd quarter. Barclays PLC now owns 140,525 shares of the semiconductor company’s stock valued at $1,807,000 after purchasing an additional 30,119 shares during the period. HighTower Advisors LLC raised its holdings in Aehr Test Systems by 18.1% in the fourth quarter. HighTower Advisors LLC now owns 13,256 shares of the semiconductor company’s stock worth $220,000 after purchasing an additional 2,032 shares in the last quarter. Annex Advisory Services LLC purchased a new position in Aehr Test Systems during the fourth quarter valued at $1,303,000. Bank of New York Mellon Corp boosted its holdings in shares of Aehr Test Systems by 9.4% during the 4th quarter. Bank of New York Mellon Corp now owns 89,631 shares of the semiconductor company’s stock valued at $1,491,000 after buying an additional 7,680 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of Aehr Test Systems in the 4th quarter worth about $909,000. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Aehr Test Systems Stock Up 4.2 %

Aehr Test Systems stock opened at $8.71 on Friday. The stock’s 50 day moving average is $8.50 and its 200 day moving average is $11.45. The company has a market capitalization of $259.31 million, a P/E ratio of 11.61 and a beta of 2.21. Aehr Test Systems has a twelve month low of $6.27 and a twelve month high of $21.44.

Analysts Set New Price Targets

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

Aehr Test Systems 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.