Apis Capital Advisors LLC Sells 68,000 Shares of Aehr Test Systems (NASDAQ:AEHR)

Apis Capital Advisors LLC reduced its holdings in shares of Aehr Test Systems (NASDAQ:AEHR - Free Report) by 38.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 110,000 shares of the semiconductor company's stock after selling 68,000 shares during the quarter. Aehr Test Systems makes up approximately 1.2% of Apis Capital Advisors LLC's holdings, making the stock its 21st biggest position. Apis Capital Advisors LLC owned approximately 0.37% of Aehr Test Systems worth $1,829,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in AEHR. Barclays PLC increased its position in Aehr Test Systems by 27.3% during the third quarter. Barclays PLC now owns 140,525 shares of the semiconductor company's stock worth $1,807,000 after buying an additional 30,119 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Aehr Test Systems by 3.0% during the third quarter. Geode Capital Management LLC now owns 639,149 shares of the semiconductor company's stock worth $8,215,000 after buying an additional 18,521 shares during the last quarter. Annex Advisory Services LLC acquired a new position in shares of Aehr Test Systems during the fourth quarter worth $1,303,000. SG Americas Securities LLC lifted its stake in shares of Aehr Test Systems by 43.7% in the 4th quarter. SG Americas Securities LLC now owns 14,519 shares of the semiconductor company's stock valued at $241,000 after acquiring an additional 4,412 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of Aehr Test Systems during the 4th quarter valued at $909,000. Institutional investors and hedge funds own 69.69% of the company's stock.

Aehr Test Systems Trading Up 1.8 %

NASDAQ:AEHR traded up $0.15 on Thursday, reaching $8.51. 199,492 shares of the stock traded hands, compared to its average volume of 1,172,970. The firm has a market capitalization of $253.35 million, a price-to-earnings ratio of 11.35 and a beta of 2.21. Aehr Test Systems has a 1-year low of $6.27 and a 1-year high of $21.44. The company's 50 day moving average is $8.41 and its 200-day moving average is $11.33.

Wall Street Analysts Forecast Growth

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

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.