Headlands Technologies LLC bought a new stake in shares of Aehr Test Systems (NASDAQ:AEHR – Free Report) in the fourth quarter, Holdings Channel reports. The fund bought 6,164 shares of the semiconductor company’s stock, valued at approximately $103,000.
Several other large investors have also recently made changes to their positions in AEHR. New Wave Wealth Advisors LLC purchased a new stake in shares of Aehr Test Systems in the 4th quarter worth approximately $28,000. Quarry LP bought a new stake in Aehr Test Systems in the third quarter worth $41,000. HighTower Advisors LLC purchased a new stake in shares of Aehr Test Systems in the third quarter worth $144,000. SG Americas Securities LLC increased its holdings in shares of Aehr Test Systems by 43.7% during the fourth quarter. SG Americas Securities LLC now owns 14,519 shares of the semiconductor company’s stock valued at $241,000 after acquiring an additional 4,412 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Aehr Test Systems by 15.4% during the fourth quarter. JPMorgan Chase & Co. now owns 15,591 shares of the semiconductor company’s stock valued at $259,000 after acquiring an additional 2,076 shares in the last quarter. 69.69% of the stock is currently owned by hedge funds and other institutional investors.
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 Stock Up 6.1 %
Shares of NASDAQ AEHR opened at $7.26 on Monday. The firm has a market cap of $215.71 million, a P/E ratio of 9.68 and a beta of 1.92. Aehr Test Systems has a twelve month low of $6.27 and a twelve month high of $21.44. The company has a 50 day moving average of $9.74 and a 200 day moving average of $12.19.
Aehr Test Systems (NASDAQ:AEHR – Get Free Report) last posted its quarterly earnings results on Monday, January 13th. The semiconductor company reported ($0.01) earnings per share 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%. As a group, equities analysts expect that Aehr Test Systems will post 0.1 earnings per share for the current fiscal year.
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.
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