Rice Hall James & Associates LLC Buys 235,625 Shares of Aehr Test Systems (NASDAQ:AEHR)

Rice Hall James & Associates LLC boosted its stake in shares of Aehr Test Systems (NASDAQ:AEHR) by 59.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 634,391 shares of the semiconductor company’s stock after buying an additional 235,625 shares during the quarter. Rice Hall James & Associates LLC’s holdings in Aehr Test Systems were worth $10,550,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. FMR LLC lifted its holdings in Aehr Test Systems by 1,535.8% during the 3rd quarter. FMR LLC now owns 2,619,108 shares of the semiconductor company’s stock valued at $33,656,000 after buying an additional 2,458,993 shares in the last quarter. Baillie Gifford & Co. lifted its holdings in Aehr Test Systems by 12.0% during the 4th quarter. Baillie Gifford & Co. now owns 2,023,559 shares of the semiconductor company’s stock valued at $33,652,000 after buying an additional 216,710 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Aehr Test Systems by 3.0% during the 3rd quarter. Geode Capital Management LLC now owns 639,149 shares of the semiconductor company’s stock valued at $8,215,000 after buying an additional 18,521 shares in the last quarter. State Street Corp raised its holdings in shares of Aehr Test Systems by 1.6% in the 3rd quarter. State Street Corp now owns 571,860 shares of the semiconductor company’s stock valued at $7,348,000 after purchasing an additional 8,840 shares in the last quarter. Finally, Pier Capital LLC raised its holdings in shares of Aehr Test Systems by 33.4% in the 3rd quarter. Pier Capital LLC now owns 412,077 shares of the semiconductor company’s stock valued at $5,295,000 after purchasing an additional 103,144 shares in the last quarter. Institutional investors own 69.69% of the company’s stock.

Aehr Test Systems Stock Performance

NASDAQ:AEHR opened at $10.72 on Tuesday. Aehr Test Systems has a one year low of $9.83 and a one year high of $21.44. The firm has a market cap of $318.49 million, a P/E ratio of 14.29 and a beta of 1.81. The firm has a 50-day simple moving average of $13.34 and a 200-day simple moving average of $13.34.

Aehr Test Systems (NASDAQ:AEHR) last posted its quarterly earnings results on Monday, January 13th. The semiconductor company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.02). Aehr Test Systems had a net margin of 43.41% and a return on equity of 21.09%. On average, research analysts predict that Aehr Test Systems will post 0.1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Aehr Test Systems Company 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.