Handelsbanken Fonder AB Takes Position in Aehr Test Systems (NASDAQ:AEHR)

Handelsbanken Fonder AB purchased a new stake in Aehr Test Systems (NASDAQ:AEHR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 170,000 shares of the semiconductor company’s stock, valued at approximately $4,510,000. Handelsbanken Fonder AB owned about 0.59% of Aehr Test Systems at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Baillie Gifford & Co. increased its stake in shares of Aehr Test Systems by 10,714.9% in the 4th quarter. Baillie Gifford & Co. now owns 662,307 shares of the semiconductor company’s stock valued at $17,571,000 after acquiring an additional 656,183 shares during the last quarter. DekaBank Deutsche Girozentrale bought a new stake in shares of Aehr Test Systems in the 4th quarter valued at about $73,000. Stratos Wealth Partners LTD. increased its stake in shares of Aehr Test Systems by 19.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 20,805 shares of the semiconductor company’s stock valued at $552,000 after acquiring an additional 3,368 shares during the last quarter. Artemis Investment Management LLP increased its stake in shares of Aehr Test Systems by 12.4% in the 4th quarter. Artemis Investment Management LLP now owns 12,916 shares of the semiconductor company’s stock valued at $343,000 after acquiring an additional 1,422 shares during the last quarter. Finally, Penbrook Management LLC bought a new stake in shares of Aehr Test Systems in the 4th quarter valued at about $214,000. 69.69% of the stock is owned by institutional investors.

Aehr Test Systems Stock Up 1.4 %

NASDAQ AEHR opened at $11.30 on Friday. Aehr Test Systems has a 12-month low of $10.19 and a 12-month high of $54.10. The company has a market capitalization of $326.80 million, a PE ratio of 21.73 and a beta of 1.97. The firm’s 50 day moving average is $13.85 and its 200-day moving average is $20.70.

Wall Street Analyst Weigh In

AEHR has been the topic of several research analyst reports. Craig Hallum restated a “hold” rating and set a $12.00 target price on shares of Aehr Test Systems in a report on Tuesday, March 26th. William Blair reiterated a “market perform” rating on shares of Aehr Test Systems in a report on Monday, March 25th. Finally, StockNews.com downgraded shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Thursday, April 11th.

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.