Aehr Test Systems $AEHR Shares Newly Purchased by Sigma Planning Corp

Sigma Planning Corp purchased a new stake in Aehr Test Systems (NASDAQ:AEHR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,823 shares of the semiconductor company’s stock, valued at approximately $1,178,000.

Several other large investors also recently made changes to their positions in the business. Sterling Capital Management LLC boosted its holdings in Aehr Test Systems by 875.9% in the 3rd quarter. Sterling Capital Management LLC now owns 1,054 shares of the semiconductor company’s stock worth $105,000 after acquiring an additional 946 shares during the period. T3 Companies LLC purchased a new stake in shares of Aehr Test Systems during the third quarter worth about $201,000. Brookstone Capital Management lifted its stake in shares of Aehr Test Systems by 11.4% in the third quarter. Brookstone Capital Management now owns 2,928 shares of the semiconductor company’s stock worth $292,000 after acquiring an additional 300 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in Aehr Test Systems by 15.1% in the third quarter. SBI Securities Co. Ltd. now owns 4,292 shares of the semiconductor company’s stock valued at $428,000 after purchasing an additional 562 shares during the last quarter. Finally, Capstone Capital Management Ltd increased its holdings in Aehr Test Systems by 80.9% during the 3rd quarter. Capstone Capital Management Ltd now owns 39,566 shares of the semiconductor company’s stock worth $3,942,000 after purchasing an additional 17,699 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Wall Street Analysts Forecast Growth

AEHR has been the topic of a number of research analyst reports. Lake Street Capital reiterated a “buy” rating and set a $110.00 price objective on shares of Aehr Test Systems in a research note on Wednesday, July 15th. Weiss Ratings reissued a “sell (e+)” rating on shares of Aehr Test Systems in a report on Tuesday. Freedom Capital upgraded Aehr Test Systems from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Jefferies Financial Group assumed coverage on Aehr Test Systems in a research report on Thursday, August 13th. They set a “buy” rating and a $175.00 price target on the stock. Finally, Zacks Research downgraded shares of Aehr Test Systems from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $132.50.

Insider Buying and Selling

In other news, EVP Alberto Salamone sold 9,672 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $127.72, for a total value of $1,235,307.84. Following the completion of the transaction, the executive vice president directly owned 41,962 shares in the company, valued at $5,359,386.64. This trade represents a 18.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Laura Oliphant sold 1,717 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $133.00, for a total value of $228,361.00. Following the completion of the sale, the director owned 16,100 shares of the company’s stock, valued at $2,141,300. This trade represents a 9.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 109,475 shares of company stock worth $13,827,160. Company insiders own 4.60% of the company’s stock.

Aehr Test Systems Price Performance

NASDAQ:AEHR opened at $61.21 on Friday. Aehr Test Systems has a 1 year low of $18.70 and a 1 year high of $147.40. The business has a fifty day moving average of $84.69 and a 200-day moving average of $73.63.

Aehr Test Systems Profile

Aehr Test Systems (NASDAQ: AEHR) develops and manufactures test and burn-in equipment used to qualify and screen semiconductor devices. Its systems are designed to identify manufacturing defects and reliability issues before chips are shipped to customers, helping semiconductor manufacturers improve production yields and product quality.

The company’s product portfolio includes the FOX family of semiconductor test systems, including the FOX-XP, FOX-NP and FOX-1P platforms. Aehr also provides wafer contactors, DiePak carriers and related test fixtures and software.