Aehr Test Systems $AEHR Shares Bought by KLCM Advisors Inc.

KLCM Advisors Inc. raised its position in Aehr Test Systems (NASDAQ:AEHR) by 200.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 75,000 shares of the semiconductor company’s stock after buying an additional 50,000 shares during the period. KLCM Advisors Inc. owned about 0.25% of Aehr Test Systems worth $2,258,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of AEHR. State of Wyoming acquired a new stake in shares of Aehr Test Systems during the 2nd quarter valued at about $28,000. Jones Financial Companies Lllp raised its holdings 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 worth $31,000 after purchasing an additional 1,000 shares during the period. RiverPark Advisors LLC purchased a new position in Aehr Test Systems during the third quarter worth approximately $42,000. Russell Investments Group Ltd. grew its holdings in Aehr Test Systems by 3,500.0% in the third quarter. Russell Investments Group Ltd. now owns 2,448 shares of the semiconductor company’s stock valued at $74,000 after purchasing an additional 2,380 shares during the period. Finally, Legal & General Group Plc grew its holdings in Aehr Test Systems by 110.8% in the second quarter. Legal & General Group Plc now owns 6,882 shares of the semiconductor company’s stock valued at $89,000 after purchasing an additional 3,617 shares during the period. Institutional investors and hedge funds own 69.69% of the company’s stock.

Aehr Test Systems Stock Performance

Shares of AEHR opened at $42.45 on Thursday. The stock has a 50 day moving average price of $30.46 and a 200 day moving average price of $27.04. Aehr Test Systems has a one year low of $6.27 and a one year high of $46.95. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of -141.50 and a beta of 2.22.

Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings data on Thursday, January 8th. The semiconductor company reported ($0.04) earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $11.45 million. On average, analysts predict that Aehr Test Systems will post 0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

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

Insider Activity

In related news, Director Laura Oliphant sold 4,546 shares of the business’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 transaction, the director directly owned 18,432 shares in the company, valued at approximately $578,764.80. The trade was a 19.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, 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 sale, the director directly owned 456,979 shares of the company’s stock, valued at approximately $13,718,509.58. This represents a 2.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 6.80% of the company’s stock.

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.