Aehr Test Systems $AEHR Shares Purchased by Halter Ferguson Financial Inc.

Halter Ferguson Financial Inc. increased its stake in shares of Aehr Test Systems (NASDAQ:AEHR) by 41.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 642,129 shares of the semiconductor company’s stock after purchasing an additional 189,117 shares during the period. Aehr Test Systems accounts for about 2.8% of Halter Ferguson Financial Inc.’s holdings, making the stock its 7th biggest position. Halter Ferguson Financial Inc.’s holdings in Aehr Test Systems were worth $12,965,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Sunbelt Securities Inc. acquired a new stake in shares of Aehr Test Systems during the third quarter valued at $27,000. State of Wyoming acquired a new stake in shares of Aehr Test Systems during the second quarter valued at $28,000. Jones Financial Companies Lllp boosted its stake in shares of Aehr Test Systems by 3,448.3% during the third quarter. Jones Financial Companies Lllp now owns 1,029 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 1,000 shares during the last quarter. RiverPark Advisors LLC acquired a new stake in shares of Aehr Test Systems during the third quarter valued at $42,000. Finally, Russell Investments Group Ltd. boosted its stake in shares of Aehr Test Systems by 3,500.0% during the third quarter. Russell Investments Group Ltd. now owns 2,448 shares of the semiconductor company’s stock valued at $74,000 after acquiring an additional 2,380 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Howard T. Slayen sold 25,000 shares of the stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $85.00, for a total transaction of $2,125,000.00. Following the transaction, the director directly owned 178,328 shares in the company, valued at approximately $15,157,880. This represents a 12.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Gayn Erickson sold 96,036 shares of the stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $70.58, for a total value of $6,778,220.88. Following the transaction, the chief executive officer owned 197,723 shares in the company, valued at $13,955,289.34. This trade represents a 32.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 368,186 shares of company stock valued at $27,942,024 in the last three months. Company insiders own 6.80% of the company’s stock.

Wall Street Analysts Forecast Growth

AEHR has been the topic of a number of analyst reports. Weiss Ratings raised Aehr Test Systems from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Craig Hallum raised Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 price objective on the stock in a research note on Wednesday, April 8th. Wall Street Zen raised Aehr Test Systems from a “strong sell” rating to a “sell” rating in a research note on Saturday, April 11th. Lake Street Capital reaffirmed a “buy” rating on shares of Aehr Test Systems in a research note on Wednesday, April 8th. Finally, William Blair raised Aehr Test Systems from a “market perform” rating to an “outperform” rating in a research note on Monday, March 2nd. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Aehr Test Systems currently has a consensus rating of “Hold” and a consensus target price of $68.00.

Aehr Test Systems Trading Up 3.0%

NASDAQ AEHR opened at $106.34 on Friday. The business’s 50-day moving average price is $63.41 and its 200 day moving average price is $39.09. Aehr Test Systems has a twelve month low of $8.31 and a twelve month high of $108.75. The company has a market capitalization of $3.34 billion, a PE ratio of -279.84 and a beta of 3.26.

Aehr Test Systems (NASDAQ:AEHR) last released its earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.02. Aehr Test Systems had a negative return on equity of 7.15% and a negative net margin of 25.23%.The firm had revenue of $10.31 million for the quarter, compared to the consensus estimate of $10.85 million. Equities analysts predict that Aehr Test Systems will post -0.31 EPS for the current year.

Aehr Test Systems Profile

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.