Federated Hermes Inc. Sells 227,759 Shares of Aehr Test Systems (NASDAQ:AEHR)

Federated Hermes Inc. trimmed its stake in shares of Aehr Test Systems (NASDAQ:AEHR - Free Report) by 55.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 185,502 shares of the semiconductor company's stock after selling 227,759 shares during the period. Federated Hermes Inc. owned 0.62% of Aehr Test Systems worth $3,085,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of AEHR. New Wave Wealth Advisors LLC purchased a new stake in shares of Aehr Test Systems in the fourth quarter worth about $28,000. Headlands Technologies LLC purchased a new stake in shares of Aehr Test Systems during the 4th quarter worth approximately $103,000. HighTower Advisors LLC bought a new position in shares of Aehr Test Systems during the 3rd quarter valued at approximately $144,000. SG Americas Securities LLC grew its holdings in shares of Aehr Test Systems by 43.7% in the fourth quarter. SG Americas Securities LLC now owns 14,519 shares of the semiconductor company's stock valued at $241,000 after purchasing an additional 4,412 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in Aehr Test Systems by 15.4% in the fourth quarter. JPMorgan Chase & Co. now owns 15,591 shares of the semiconductor company's stock worth $259,000 after purchasing an additional 2,076 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company's stock.

Aehr Test Systems Stock Performance

AEHR stock traded down $0.07 during midday trading on Friday, reaching $8.09. 271,252 shares of the company traded hands, compared to its average volume of 1,198,238. The firm has a market capitalization of $240.85 million, a price-to-earnings ratio of 10.79 and a beta of 2.00. The business has a 50 day moving average of $9.06 and a 200-day moving average of $11.85. Aehr Test Systems has a 52-week low of $6.27 and a 52-week high of $21.44.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last released its quarterly earnings results on Monday, January 13th. The semiconductor company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.02). Aehr Test Systems had a return on equity of 21.09% and a net margin of 43.41%. Research analysts anticipate that Aehr Test Systems will post 0.1 earnings per share for the current year.

Analyst Ratings Changes

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

Aehr Test Systems 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.