Aehr Test Systems $AEHR Shares Sold by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC reduced its position in shares of Aehr Test Systems (NASDAQ:AEHR) by 16.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,027 shares of the semiconductor company’s stock after selling 4,663 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 0.08% of Aehr Test Systems worth $485,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. State of Wyoming grew its holdings in Aehr Test Systems by 26.7% during the third quarter. State of Wyoming now owns 2,777 shares of the semiconductor company’s stock worth $84,000 after acquiring an additional 586 shares during the period. Sunbelt Securities Inc. acquired a new position in Aehr Test Systems during the third quarter worth about $27,000. Jones Financial Companies Lllp grew its holdings in Aehr Test Systems by 3,448.3% during the third quarter. Jones Financial Companies Lllp now owns 1,029 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 1,000 shares during the period. JPMorgan Chase & Co. grew its holdings in Aehr Test Systems by 7.9% during the second quarter. JPMorgan Chase & Co. now owns 15,576 shares of the semiconductor company’s stock worth $201,000 after acquiring an additional 1,145 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in Aehr Test Systems by 1.9% during the second quarter. Osaic Holdings Inc. now owns 63,608 shares of the semiconductor company’s stock worth $822,000 after acquiring an additional 1,210 shares during the period. 69.69% of the stock is owned by institutional investors and hedge funds.

Aehr Test Systems Price Performance

NASDAQ:AEHR opened at $113.00 on Wednesday. Aehr Test Systems has a fifty-two week low of $9.45 and a fifty-two week high of $114.02. The stock’s 50-day moving average is $76.64 and its two-hundred day moving average is $44.92. The stock has a market cap of $3.55 billion, a PE ratio of -297.37 and a beta of 3.17.

Aehr Test Systems (NASDAQ:AEHR) last released its earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.02. Aehr Test Systems had a negative return on equity of 7.15% and a negative net margin of 25.23%.The company had revenue of $10.31 million for the quarter, compared to analysts’ expectations of $10.85 million. On average, equities research analysts anticipate that Aehr Test Systems will post -0.31 earnings per share for the current year.

Insider Activity at Aehr Test Systems

In other Aehr Test Systems news, Director Rhea J. Posedel sold 30,000 shares of Aehr Test Systems stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $70.00, for a total transaction of $2,100,000.00. Following the transaction, the director owned 426,979 shares of the company’s stock, valued at $29,888,530. The trade was a 6.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Alberto Salamone sold 15,000 shares of Aehr Test Systems stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $89.57, for a total value of $1,343,550.00. Following the transaction, the executive vice president directly owned 63,025 shares in the company, valued at approximately $5,645,149.25. This trade represents a 19.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 375,005 shares of company stock worth $28,656,178. Company insiders own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AEHR. William Blair raised Aehr Test Systems from a “market perform” rating to an “outperform” rating in a report on Monday, March 2nd. Wall Street Zen lowered Aehr Test Systems from a “sell” rating to a “strong sell” rating in a report on Saturday, May 16th. Lake Street Capital reaffirmed a “buy” rating on shares of Aehr Test Systems in a report on Wednesday, April 8th. Craig Hallum raised Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a report on Wednesday, April 8th. Finally, Weiss Ratings raised Aehr Test Systems from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $68.00.

Aehr Test Systems Company 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.