AWM Investment Company Inc. reduced its stake in shares of Aehr Test Systems (NASDAQ:AEHR - Free Report) by 3.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,239,199 shares of the semiconductor company's stock after selling 47,656 shares during the period. Aehr Test Systems comprises approximately 2.5% of AWM Investment Company Inc.'s holdings, making the stock its 9th biggest position. AWM Investment Company Inc. owned 4.17% of Aehr Test Systems worth $20,608,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Barclays PLC grew its position in shares of Aehr Test Systems by 27.3% during the 3rd quarter. Barclays PLC now owns 140,525 shares of the semiconductor company's stock valued at $1,807,000 after buying an additional 30,119 shares during the last quarter. Annex Advisory Services LLC acquired a new stake in shares of Aehr Test Systems during the 4th quarter worth approximately $1,303,000. SG Americas Securities LLC raised its position in shares of Aehr Test Systems by 43.7% during the 4th quarter. SG Americas Securities LLC now owns 14,519 shares of the semiconductor company's stock worth $241,000 after purchasing an additional 4,412 shares during the period. Janney Montgomery Scott LLC bought a new stake in shares of Aehr Test Systems in the 4th quarter worth approximately $909,000. Finally, Penbrook Management LLC boosted its position in Aehr Test Systems by 25.3% during the 4th quarter. Penbrook Management LLC now owns 33,825 shares of the semiconductor company's stock valued at $563,000 after purchasing an additional 6,825 shares during the period. Institutional investors own 69.69% of the company's stock.
Aehr Test Systems Price Performance
Shares of Aehr Test Systems stock opened at $8.94 on Wednesday. Aehr Test Systems has a 1-year low of $6.27 and a 1-year high of $21.44. The business's fifty day moving average price is $8.45 and its two-hundred day moving average price is $10.92. The company has a market capitalization of $266.15 million, a P/E ratio of 11.92 and a beta of 2.21.
Insider Activity
In related news, EVP Alberto Salamone sold 4,995 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $9.08, for a total transaction of $45,354.60. Following the completion of the transaction, the executive vice president now owns 56,241 shares of the company's stock, valued at $510,668.28. This trade represents a 8.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 6.20% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised Aehr Test Systems to a "sell" rating in a research report on Tuesday, May 13th.
Read Our Latest Stock Analysis on Aehr Test Systems
Aehr Test Systems Profile
(
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.
Further Reading
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