AWM Investment Company Inc. Has $11.58 Million Stock Holdings in Aehr Test Systems $AEHR

Key Points

• AWM Investment Company Inc. increased its stake in Aehr Test Systems by 28.1%, owning approximately 1.6% of the company worth $11.6 million after purchasing an additional 348,737 shares.
• Several institutional investors, including Point72 Asset Management and Wellington Management, have also adjusted their holdings, indicating growing interest in Aehr Test Systems.
• Insider sales occurred recently, with Director Laura Oliphant selling 5,000 shares, representing a significant 39.48% reduction in her ownership of the company's stock.

AWM Investment Company Inc. grew its position in Aehr Test Systems (NASDAQ:AEHR - Free Report) by 28.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,587,936 shares of the semiconductor company's stock after purchasing an additional 348,737 shares during the period. Aehr Test Systems comprises about 1.6% of AWM Investment Company Inc.'s portfolio, making the stock its 25th largest position. AWM Investment Company Inc. owned approximately 5.33% of Aehr Test Systems worth $11,576,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in Aehr Test Systems by 262.7% in the first quarter. Royal Bank of Canada now owns 50,207 shares of the semiconductor company's stock worth $365,000 after purchasing an additional 36,364 shares during the period. Jump Financial LLC raised its holdings in Aehr Test Systems by 324.0% in the first quarter. Jump Financial LLC now owns 119,143 shares of the semiconductor company's stock worth $869,000 after purchasing an additional 91,043 shares during the period. Quantbot Technologies LP acquired a new stake in Aehr Test Systems in the first quarter worth $31,000. Wellington Management Group LLP raised its holdings in Aehr Test Systems by 37.5% in the first quarter. Wellington Management Group LLP now owns 276,573 shares of the semiconductor company's stock worth $2,016,000 after purchasing an additional 75,500 shares during the period. Finally, American Century Companies Inc. acquired a new stake in shares of Aehr Test Systems during the first quarter worth $86,000. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Aehr Test Systems to a "sell" rating in a report on Tuesday, May 13th.

Insider Activity

In other news, Director Rhea J. Posedel sold 18,000 shares of the stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $19.83, for a total value of $356,940.00. Following the completion of the sale, the director owned 71,163 shares of the company's stock, valued at approximately $1,411,162.29. This represents a 20.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Laura Oliphant sold 5,000 shares of the business's stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $21.50, for a total transaction of $107,500.00. Following the transaction, the director owned 7,665 shares in the company, valued at $164,797.50. This represents a 39.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 26,000 shares of company stock valued at $506,830. 6.20% of the stock is owned by insiders.

Aehr Test Systems Price Performance

AEHR stock traded down $0.73 during midday trading on Friday, hitting $25.56. The company's stock had a trading volume of 968,207 shares, compared to its average volume of 1,962,688. Aehr Test Systems has a twelve month low of $6.27 and a twelve month high of $27.51. The company's fifty day moving average price is $18.83 and its 200 day moving average price is $12.65. The stock has a market capitalization of $764.76 million, a P/E ratio of -196.60 and a beta of 2.54.

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

Aehr Test Systems Company 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.