Aehr Test Systems (NASDAQ:AEHR) Shares Acquired by RiverPark Advisors LLC

RiverPark Advisors LLC lifted its stake in Aehr Test Systems (NASDAQ:AEHRFree Report) by 360.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,069 shares of the semiconductor company’s stock after purchasing an additional 1,620 shares during the quarter. RiverPark Advisors LLC’s holdings in Aehr Test Systems were worth $26,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its position in shares of Aehr Test Systems by 33.2% in the first quarter. BNP Paribas Financial Markets now owns 24,683 shares of the semiconductor company’s stock worth $306,000 after buying an additional 6,150 shares during the period. Baillie Gifford & Co. boosted its position in Aehr Test Systems by 25.1% during the 1st quarter. Baillie Gifford & Co. now owns 828,626 shares of the semiconductor company’s stock worth $10,275,000 after acquiring an additional 166,319 shares during the period. Rice Hall James & Associates LLC purchased a new position in Aehr Test Systems during the 1st quarter valued at about $958,000. Bouvel Investment Partners LLC increased its holdings in shares of Aehr Test Systems by 85.9% in the 1st quarter. Bouvel Investment Partners LLC now owns 54,594 shares of the semiconductor company’s stock valued at $677,000 after purchasing an additional 25,227 shares during the period. Finally, Greenwood Capital Associates LLC increased its holdings in shares of Aehr Test Systems by 10.6% in the 4th quarter. Greenwood Capital Associates LLC now owns 21,046 shares of the semiconductor company’s stock valued at $558,000 after purchasing an additional 2,023 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Aehr Test Systems Stock Performance

Shares of NASDAQ AEHR traded up $3.20 during trading hours on Wednesday, hitting $15.61. The stock had a trading volume of 4,288,476 shares, compared to its average volume of 1,294,384. The firm’s 50-day moving average price is $11.72 and its two-hundred day moving average price is $14.69. Aehr Test Systems has a 52 week low of $9.83 and a 52 week high of $54.10. The company has a market capitalization of $451.44 million, a P/E ratio of 29.83 and a beta of 2.07.

Aehr Test Systems (NASDAQ:AEHRGet Free Report) last released its quarterly earnings data on Tuesday, April 9th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.01. Aehr Test Systems had a net margin of 21.43% and a return on equity of 18.70%. The business had revenue of $7.56 million during the quarter, compared to analyst estimates of $7.60 million. As a group, analysts expect that Aehr Test Systems will post 0.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AEHR. Craig Hallum restated a “hold” rating and set a $12.00 price target on shares of Aehr Test Systems in a report on Tuesday, March 26th. StockNews.com cut shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Thursday, April 11th. Finally, William Blair reaffirmed a “market perform” rating on shares of Aehr Test Systems in a research note on Monday, March 25th.

View Our Latest Analysis on AEHR

About Aehr Test Systems

(Free Report)

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.

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Institutional Ownership by Quarter for Aehr Test Systems (NASDAQ:AEHR)

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