Balyasny Asset Management L.P. raised its holdings in shares of Aehr Test Systems (NASDAQ:AEHR - Free Report) by 82.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 68,714 shares of the semiconductor company's stock after buying an additional 30,991 shares during the quarter. Balyasny Asset Management L.P. owned about 0.23% of Aehr Test Systems worth $1,143,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. New Wave Wealth Advisors LLC acquired a new position in shares of Aehr Test Systems during the fourth quarter worth approximately $28,000. Headlands Technologies LLC acquired a new position in shares of Aehr Test Systems during the fourth quarter worth approximately $103,000. Mariner LLC acquired a new position in shares of Aehr Test Systems during the fourth quarter worth approximately $180,000. Bayesian Capital Management LP acquired a new position in shares of Aehr Test Systems during the fourth quarter worth approximately $185,000. Finally, HighTower Advisors LLC lifted its holdings in shares of Aehr Test Systems by 18.1% during the fourth quarter. HighTower Advisors LLC now owns 13,256 shares of the semiconductor company's stock worth $220,000 after buying an additional 2,032 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.
Aehr Test Systems Price Performance
Shares of NASDAQ AEHR traded down $0.25 during trading hours on Monday, reaching $9.04. The stock had a trading volume of 371,602 shares, compared to its average volume of 1,168,298. The business's fifty day moving average is $8.45 and its two-hundred day moving average is $10.93. The company has a market cap of $269.13 million, a price-to-earnings ratio of 12.05 and a beta of 2.21. Aehr Test Systems has a twelve month low of $6.27 and a twelve month high of $21.44.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded Aehr Test Systems to a "sell" rating in a research note on Tuesday, May 13th.
Get Our Latest Analysis on AEHR
Insider Activity at Aehr Test Systems
In related news, EVP Alberto Salamone sold 4,995 shares of the company's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $9.08, for a total value of $45,354.60. Following the completion of the transaction, the executive vice president now directly owns 56,241 shares in the company, valued at approximately $510,668.28. This represents a 8.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 6.20% of the stock is currently owned by corporate insiders.
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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