GSA Capital Partners LLP Has $1.77 Million Stake in Aehr Test Systems (NASDAQ:AEHR)

GSA Capital Partners LLP trimmed its stake in shares of Aehr Test Systems (NASDAQ:AEHR) by 40.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 137,861 shares of the semiconductor company’s stock after selling 94,823 shares during the period. GSA Capital Partners LLP’s holdings in Aehr Test Systems were worth $1,772,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of Aehr Test Systems by 39.0% during the first quarter. Vanguard Group Inc. now owns 2,097,712 shares of the semiconductor company’s stock worth $26,012,000 after acquiring an additional 588,953 shares during the period. Baillie Gifford & Co. raised its holdings in shares of Aehr Test Systems by 101.6% during the second quarter. Baillie Gifford & Co. now owns 1,670,590 shares of the semiconductor company’s stock worth $18,660,000 after acquiring an additional 841,964 shares during the period. Federated Hermes Inc. raised its holdings in shares of Aehr Test Systems by 769.7% during the second quarter. Federated Hermes Inc. now owns 1,100,567 shares of the semiconductor company’s stock worth $12,293,000 after acquiring an additional 974,028 shares during the period. Rice Hall James & Associates LLC raised its holdings in shares of Aehr Test Systems by 17.4% during the third quarter. Rice Hall James & Associates LLC now owns 398,766 shares of the semiconductor company’s stock worth $5,124,000 after acquiring an additional 59,010 shares during the period. Finally, Pier Capital LLC increased its stake in Aehr Test Systems by 158.4% in the 2nd quarter. Pier Capital LLC now owns 308,933 shares of the semiconductor company’s stock valued at $3,451,000 after buying an additional 189,369 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AEHR has been the topic of several recent research reports. StockNews.com lowered shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a research note on Saturday, October 5th. Craig Hallum upgraded shares of Aehr Test Systems from a “hold” rating to a “buy” rating and lifted their price target for the company from $12.00 to $25.00 in a research note on Wednesday, July 17th.

Aehr Test Systems Trading Down 4.4 %

Shares of AEHR stock opened at $12.00 on Wednesday. Aehr Test Systems has a 1 year low of $9.83 and a 1 year high of $30.50. The firm’s fifty day moving average price is $13.48 and its two-hundred day moving average price is $13.45. The firm has a market capitalization of $355.57 million, a P/E ratio of 12.24 and a beta of 2.03.

Aehr Test Systems (NASDAQ:AEHR) last released its quarterly earnings data on Thursday, October 10th. The semiconductor company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.05. The company had revenue of $13.12 million for the quarter, compared to analyst estimates of $11.90 million. Aehr Test Systems had a net margin of 49.63% and a return on equity of 29.31%. As a group, equities research analysts forecast that Aehr Test Systems will post 0.22 EPS for the current fiscal year.

About Aehr Test Systems

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.