Halter Ferguson Financial Inc. Cuts Holdings in Aehr Test Systems (NASDAQ:AEHR)

Halter Ferguson Financial Inc. reduced its position in Aehr Test Systems (NASDAQ:AEHR) by 9.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 453,536 shares of the semiconductor company’s stock after selling 45,635 shares during the quarter. Aehr Test Systems accounts for approximately 3.1% of Halter Ferguson Financial Inc.’s holdings, making the stock its 5th biggest position. Halter Ferguson Financial Inc.’s holdings in Aehr Test Systems were worth $7,542,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. FMR LLC lifted its holdings in shares of Aehr Test Systems by 1,535.8% in the 3rd quarter. FMR LLC now owns 2,619,108 shares of the semiconductor company’s stock worth $33,656,000 after purchasing an additional 2,458,993 shares in the last quarter. Janus Henderson Group PLC bought a new position in Aehr Test Systems during the 3rd quarter valued at $672,000. Charles Schwab Investment Management Inc. lifted its stake in Aehr Test Systems by 4.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 226,336 shares of the semiconductor company’s stock valued at $2,908,000 after acquiring an additional 8,646 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in Aehr Test Systems by 89.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 23,709 shares of the semiconductor company’s stock valued at $305,000 after acquiring an additional 11,172 shares in the last quarter. Finally, Barclays PLC lifted its stake in Aehr Test Systems by 27.3% during the 3rd quarter. Barclays PLC now owns 140,525 shares of the semiconductor company’s stock valued at $1,807,000 after acquiring an additional 30,119 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Aehr Test Systems Trading Up 4.6 %

Shares of NASDAQ:AEHR opened at $9.77 on Tuesday. The stock’s fifty day simple moving average is $11.31 and its two-hundred day simple moving average is $12.68. Aehr Test Systems has a 1-year low of $7.92 and a 1-year high of $21.44. The stock has a market cap of $290.29 million, a PE ratio of 13.03 and a beta of 1.92.

Aehr Test Systems (NASDAQ:AEHR) last released its earnings results on Monday, January 13th. The semiconductor company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates 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 forecast that Aehr Test Systems will post 0.1 earnings per share for the current fiscal year.

Aehr Test Systems 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.