Wellington Management Group LLP Has $2.02 Million Holdings in Aehr Test Systems $AEHR

Wellington Management Group LLP grew its stake in shares of Aehr Test Systems (NASDAQ:AEHR) by 37.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 276,573 shares of the semiconductor company’s stock after acquiring an additional 75,500 shares during the period. Wellington Management Group LLP owned 0.93% of Aehr Test Systems worth $2,016,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Two Sigma Investments LP lifted its position in Aehr Test Systems by 12.2% during the fourth quarter. Two Sigma Investments LP now owns 48,624 shares of the semiconductor company’s stock worth $809,000 after acquiring an additional 5,276 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Aehr Test Systems during the fourth quarter worth approximately $272,000. Dimensional Fund Advisors LP raised its position in shares of Aehr Test Systems by 1.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 137,241 shares of the semiconductor company’s stock valued at $2,283,000 after buying an additional 2,365 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of Aehr Test Systems in the first quarter valued at approximately $267,000. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Aehr Test Systems by 23.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 24,716 shares of the semiconductor company’s stock valued at $412,000 after buying an additional 4,772 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Aehr Test Systems Trading Down 7.8%

NASDAQ 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 company has a 50 day moving average of $17.51 and a 200-day moving average of $12.16. The company has a market cap of $746.50 million, a price-to-earnings ratio of -191.91 and a beta of 2.35.

Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings data on Tuesday, July 8th. The semiconductor company reported ($0.01) earnings per share (EPS) 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 net margin of 6.63% and a negative return on equity of 0.15%. On average, equities research analysts forecast that Aehr Test Systems will post 0.1 earnings per share for the current year.

Insider Activity at Aehr Test Systems

In related news, Director Laura Oliphant sold 5,000 shares of Aehr Test Systems stock in a transaction that occurred on Friday, July 25th. The shares were sold at an average price of $21.50, for a total value of $107,500.00. Following the transaction, the director directly owned 7,665 shares of the company’s stock, valued at $164,797.50. This trade represents a 39.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Alistair N. Sporck sold 3,000 shares of Aehr Test Systems stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $14.13, for a total transaction of $42,390.00. Following the completion of the transaction, the vice president directly owned 30,808 shares in the company, valued at $435,317.04. This trade represents a 8.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 26,000 shares of company stock valued at $506,830 over the last three months. 6.20% of the stock is owned by insiders.

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.