Aehr Test Systems $AEHR Stock Holdings Boosted by Inspire Investing LLC

Key Points

• Inspire Investing LLC significantly increased its stake in Aehr Test Systems by 99.3% during the first quarter, now owning approximately 48,148 shares valued at $351,000.
• Several other institutional investors have also expanded their holdings in Aehr Test Systems, with 69.69% of the stock now owned by institutional investors collectively.
• Despite a recent earnings report showing a small profit, Aehr Test Systems’ stock has seen a 0.4% decline, currently trading at $26.47.

Inspire Investing LLC raised its position in shares of Aehr Test Systems (NASDAQ:AEHR - Free Report) by 99.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 48,148 shares of the semiconductor company's stock after purchasing an additional 23,990 shares during the quarter. Inspire Investing LLC owned about 0.16% of Aehr Test Systems worth $351,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AWM Investment Company Inc. boosted its stake in Aehr Test Systems by 28.1% during the 1st quarter. AWM Investment Company Inc. now owns 1,587,936 shares of the semiconductor company's stock valued at $11,576,000 after purchasing an additional 348,737 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Aehr Test Systems during the 4th quarter worth $15,307,000. Wellington Management Group LLP boosted its stake in shares of Aehr Test Systems by 37.5% during the 1st quarter. Wellington Management Group LLP now owns 276,573 shares of the semiconductor company's stock worth $2,016,000 after acquiring an additional 75,500 shares in the last quarter. Northern Trust Corp boosted its stake in shares of Aehr Test Systems by 8.4% during the 4th quarter. Northern Trust Corp now owns 250,336 shares of the semiconductor company's stock worth $4,163,000 after acquiring an additional 19,401 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Aehr Test Systems by 4.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 225,923 shares of the semiconductor company's stock worth $1,647,000 after acquiring an additional 10,327 shares in the last quarter. 69.69% of the stock is owned by institutional investors.

Insider Activity

In other news, VP Alistair N. Sporck sold 3,000 shares of the stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $14.13, for a total value of $42,390.00. Following the completion of the sale, the vice president owned 30,808 shares in the company, valued at $435,317.04. This represents a 8.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Laura Oliphant sold 5,000 shares of the stock in a transaction on Friday, July 25th. The shares were sold at an average price of $21.50, for a total value of $107,500.00. Following the completion of the sale, the director owned 7,665 shares of the company's stock, valued at $164,797.50. The trade was a 39.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold 26,000 shares of company stock worth $506,830 over the last quarter. Corporate insiders own 6.80% of the company's stock.

Aehr Test Systems Stock Down 0.4%

AEHR opened at $26.47 on Monday. The firm has a market cap of $793.31 million, a PE ratio of -203.60 and a beta of 2.53. The business has a fifty day simple moving average of $20.00 and a 200-day simple moving average of $13.21. Aehr Test Systems has a fifty-two week low of $6.27 and a fifty-two week high of $28.41.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last released its quarterly earnings data on Tuesday, July 8th. The semiconductor company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.01. The business had revenue of $14.10 million during the quarter, compared to analyst estimates of $14.83 million. Aehr Test Systems had a negative return on equity of 0.15% and a negative net margin of 6.63%. On average, equities research analysts anticipate that Aehr Test Systems will post 0.1 EPS for the current fiscal year.

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.

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