Vanguard Group Inc. Purchases 65,444 Shares of Aehr Test Systems $AEHR

Vanguard Group Inc. lifted its holdings in Aehr Test Systems (NASDAQ:AEHR) by 2.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,288,190 shares of the semiconductor company’s stock after acquiring an additional 65,444 shares during the quarter. Vanguard Group Inc. owned approximately 0.08% of Aehr Test Systems worth $68,897,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. State of Wyoming increased its holdings in Aehr Test Systems by 26.7% during the 3rd quarter. State of Wyoming now owns 2,777 shares of the semiconductor company’s stock valued at $84,000 after purchasing an additional 586 shares in the last quarter. Jones Financial Companies Lllp raised its position in Aehr Test Systems by 3,448.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,029 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 1,000 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Aehr Test Systems by 7.9% in the second quarter. JPMorgan Chase & Co. now owns 15,576 shares of the semiconductor company’s stock worth $201,000 after purchasing an additional 1,145 shares in the last quarter. CWM LLC boosted its stake in Aehr Test Systems by 19.4% in the third quarter. CWM LLC now owns 7,239 shares of the semiconductor company’s stock worth $218,000 after purchasing an additional 1,177 shares in the last quarter. Finally, Osaic Holdings Inc. grew its holdings in shares of Aehr Test Systems by 1.9% during the second quarter. Osaic Holdings Inc. now owns 63,608 shares of the semiconductor company’s stock worth $822,000 after purchasing an additional 1,210 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors.

Insider Transactions at Aehr Test Systems

In other Aehr Test Systems news, Director Rhea J. Posedel sold 13,998 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $30.02, for a total transaction of $420,219.96. Following the transaction, the director directly owned 456,979 shares in the company, valued at approximately $13,718,509.58. This represents a 2.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Laura Oliphant sold 4,546 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $31.40, for a total transaction of $142,744.40. Following the completion of the transaction, the director directly owned 18,432 shares in the company, valued at $578,764.80. This trade represents a 19.78% decrease in their position. The disclosure for this sale is available in the SEC filing. 6.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

AEHR has been the subject of a number of research reports. Craig Hallum restated a “hold” rating on shares of Aehr Test Systems in a research note on Friday, January 9th. Lake Street Capital began coverage on shares of Aehr Test Systems in a research report on Wednesday, December 17th. They set a “buy” rating on the stock. Zacks Research raised shares of Aehr Test Systems from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Weiss Ratings restated a “sell (d)” rating on shares of Aehr Test Systems in a research report on Wednesday, January 21st. Finally, William Blair raised shares of Aehr Test Systems from a “market perform” rating to an “outperform” rating in a research note on Monday, March 2nd. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $21.00.

Aehr Test Systems Stock Performance

Shares of AEHR opened at $35.61 on Friday. The business’s fifty day moving average price is $29.17 and its two-hundred day moving average price is $26.47. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of -118.70 and a beta of 2.22. Aehr Test Systems has a 52 week low of $6.27 and a 52 week high of $46.95.

Aehr Test Systems (NASDAQ:AEHR) last released its earnings results on Thursday, January 8th. The semiconductor company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.04. Aehr Test Systems had a negative return on equity of 4.57% and a negative net margin of 16.63%.The company had revenue of $9.88 million during the quarter, compared to the consensus estimate of $11.45 million. As a group, research analysts forecast that Aehr Test Systems will post 0.1 EPS for the current year.

About Aehr Test Systems

Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.

The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.