Aehr Test Systems (NASDAQ:AEHR) Stock Position Lifted by Pier Capital LLC

Pier Capital LLC grew its position in Aehr Test Systems (NASDAQ:AEHR) by 27.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 524,231 shares of the semiconductor company’s stock after acquiring an additional 112,154 shares during the quarter. Pier Capital LLC owned approximately 1.76% of Aehr Test Systems worth $8,718,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in AEHR. FMR LLC increased its stake in Aehr Test Systems by 1,535.8% during the third quarter. FMR LLC now owns 2,619,108 shares of the semiconductor company’s stock valued at $33,656,000 after purchasing an additional 2,458,993 shares during the last quarter. Janus Henderson Group PLC acquired a new position in shares of Aehr Test Systems in the 3rd quarter valued at about $672,000. Charles Schwab Investment Management Inc. grew its position in shares of Aehr Test Systems by 4.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 226,336 shares of the semiconductor company’s stock valued at $2,908,000 after buying an additional 8,646 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Aehr Test Systems by 89.1% during the third quarter. BNP Paribas Financial Markets now owns 23,709 shares of the semiconductor company’s stock worth $305,000 after acquiring an additional 11,172 shares during the period. Finally, Barclays PLC lifted its holdings in Aehr Test Systems by 27.3% in the third quarter. Barclays PLC now owns 140,525 shares of the semiconductor company’s stock worth $1,807,000 after acquiring an additional 30,119 shares during the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Aehr Test Systems Stock Performance

Shares of AEHR opened at $9.06 on Tuesday. The firm has a fifty day moving average of $10.56 and a 200-day moving average of $12.50. The company has a market cap of $269.19 million, a price-to-earnings ratio of 12.08 and a beta of 1.92. Aehr Test Systems has a 1 year low of $7.92 and a 1 year high of $21.44.

Aehr Test Systems (NASDAQ:AEHR) last posted its earnings results on Monday, January 13th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). Aehr Test Systems had a net margin of 43.41% and a return on equity of 21.09%. Analysts predict that Aehr Test Systems will post 0.1 EPS for the current year.

About Aehr Test Systems

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.