Boothbay Fund Management LLC Cuts Stake in Aehr Test Systems (NASDAQ:AEHR)

Boothbay Fund Management LLC reduced its stake in Aehr Test Systems (NASDAQ:AEHR - Free Report) by 59.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 21,777 shares of the semiconductor company's stock after selling 32,191 shares during the quarter. Boothbay Fund Management LLC owned approximately 0.07% of Aehr Test Systems worth $362,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in Aehr Test Systems by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 2,183,641 shares of the semiconductor company's stock worth $36,314,000 after acquiring an additional 44,881 shares during the period. Baillie Gifford & Co. raised its holdings in shares of Aehr Test Systems by 12.0% in the 4th quarter. Baillie Gifford & Co. now owns 2,023,559 shares of the semiconductor company's stock worth $33,652,000 after buying an additional 216,710 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Aehr Test Systems by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 647,610 shares of the semiconductor company's stock worth $10,773,000 after buying an additional 8,461 shares during the period. Rice Hall James & Associates LLC grew its position in Aehr Test Systems by 59.1% in the fourth quarter. Rice Hall James & Associates LLC now owns 634,391 shares of the semiconductor company's stock valued at $10,550,000 after acquiring an additional 235,625 shares during the period. Finally, Pier Capital LLC raised its stake in Aehr Test Systems by 27.2% during the fourth quarter. Pier Capital LLC now owns 524,231 shares of the semiconductor company's stock worth $8,718,000 after acquiring an additional 112,154 shares in the last quarter. Institutional investors own 69.69% of the company's stock.

Aehr Test Systems Price Performance

NASDAQ:AEHR traded down $0.45 during trading hours on Monday, reaching $8.26. 402,656 shares of the company were exchanged, compared to its average volume of 1,181,944. The company has a market capitalization of $245.91 million, a P/E ratio of 11.01 and a beta of 2.21. The business has a 50 day moving average of $8.50 and a 200 day moving average of $11.43. Aehr Test Systems has a 1-year low of $6.27 and a 1-year high of $21.44.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Aehr Test Systems to a "sell" rating in a research report 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.