Aehr Test Systems (NASDAQ:AEHR) Shares Acquired by Pier Capital LLC

Pier Capital LLC raised its stake in shares of Aehr Test Systems (NASDAQ:AEHR) by 27.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 524,231 shares of the semiconductor company’s stock after buying an additional 112,154 shares during the period. Pier Capital LLC’s holdings in Aehr Test Systems were worth $8,718,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AEHR. New Wave Wealth Advisors LLC acquired a new position in shares of Aehr Test Systems during the fourth quarter valued at approximately $28,000. Truvestments Capital LLC acquired a new position in shares of Aehr Test Systems during the 3rd quarter valued at $36,000. Quarry LP bought a new stake in shares of Aehr Test Systems in the 3rd quarter worth $41,000. HighTower Advisors LLC bought a new stake in shares of Aehr Test Systems in the 3rd quarter worth $144,000. Finally, Quest Partners LLC lifted its holdings in shares of Aehr Test Systems by 203.0% in the third quarter. Quest Partners LLC now owns 12,815 shares of the semiconductor company’s stock valued at $165,000 after buying an additional 8,585 shares during the period. 69.69% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Aehr Test Systems Stock Performance

Shares of NASDAQ:AEHR opened at $9.06 on Tuesday. The stock has a market capitalization 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. The company has a 50 day moving average price of $10.56 and a 200 day moving average price of $12.50.

Aehr Test Systems (NASDAQ:AEHR) last released its quarterly earnings data 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%. On average, sell-side analysts expect that Aehr Test Systems will post 0.1 EPS for the current fiscal 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.