Quantbot Technologies LP Invests $31,000 in Aehr Test Systems $AEHR

Quantbot Technologies LP acquired a new position in shares of Aehr Test Systems (NASDAQ:AEHR) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 4,308 shares of the semiconductor company’s stock, valued at approximately $31,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in AEHR. JPMorgan Chase & Co. raised its stake in shares of Aehr Test Systems by 15.4% during the 4th quarter. JPMorgan Chase & Co. now owns 15,591 shares of the semiconductor company’s stock worth $259,000 after purchasing an additional 2,076 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Aehr Test Systems by 81.7% during the 4th quarter. Wells Fargo & Company MN now owns 17,856 shares of the semiconductor company’s stock worth $297,000 after purchasing an additional 8,027 shares in the last quarter. Invesco Ltd. raised its stake in Aehr Test Systems by 7.9% in the 4th quarter. Invesco Ltd. now owns 16,007 shares of the semiconductor company’s stock valued at $266,000 after acquiring an additional 1,172 shares during the period. Raymond James Financial Inc. bought a new stake in Aehr Test Systems in the 4th quarter valued at $272,000. Finally, Mariner LLC bought a new stake in Aehr Test Systems in the 4th quarter valued at $180,000. Institutional investors own 69.69% of the company’s stock.

Aehr Test Systems Trading Down 7.8%

AEHR opened at $24.95 on Friday. Aehr Test Systems has a 1-year low of $6.27 and a 1-year high of $27.51. The stock’s fifty day simple moving average is $17.51 and its 200 day simple moving average is $12.16. The stock has a market cap of $746.50 million, a PE ratio of -191.91 and a beta of 2.35.

Aehr Test Systems (NASDAQ:AEHR) last posted its quarterly earnings results on Tuesday, July 8th. The semiconductor company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. The business had revenue of $14.10 million for the quarter, compared to analysts’ expectations of $14.83 million. Aehr Test Systems had a negative return on equity of 0.15% and a negative net margin of 6.63%. Equities analysts forecast that Aehr Test Systems will post 0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Aehr Test Systems to a “sell” rating in a research note on Tuesday, May 13th.

Insiders Place Their Bets

In other Aehr Test Systems news, Director Laura Oliphant sold 5,000 shares of the stock in a transaction on Friday, July 25th. The stock was sold at an average price of $21.50, for a total transaction of $107,500.00. Following the transaction, the director owned 7,665 shares in the company, valued at $164,797.50. This trade represents a 39.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Alistair N. Sporck sold 3,000 shares of the stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $14.13, for a total value of $42,390.00. Following the transaction, the vice president owned 30,808 shares in the company, valued at $435,317.04. The trade was a 8.87% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 26,000 shares of company stock worth $506,830 in the last 90 days. Company insiders own 6.20% of the company’s stock.

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.