Aehr Test Systems (NASDAQ:AEHR) is Halter Ferguson Financial Inc.'s 8th Largest Position

Key Points

• Halter Ferguson Financial Inc. reduced its position in Aehr Test Systems by 6.5% in the first quarter, holding 424,173 shares valued at $3.09 million.
• Insider activity includes EVP Alberto Salamone selling 4,995 shares, resulting in an 8.16% decrease in his position, while Director Rhea J. Posedel sold 18,000 shares, a 20.19% decrease in theirs.
• Aehr Test Systems was upgraded to a sell rating by Wall Street Zen on May 13, amidst a mixed performance where the firm reported earnings of ($0.01) per share, beating estimates by $0.01.

Halter Ferguson Financial Inc. decreased its position in shares of Aehr Test Systems (NASDAQ:AEHR - Free Report) by 6.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 424,173 shares of the semiconductor company's stock after selling 29,363 shares during the period. Aehr Test Systems accounts for 1.6% of Halter Ferguson Financial Inc.'s holdings, making the stock its 8th biggest position. Halter Ferguson Financial Inc. owned 1.42% of Aehr Test Systems worth $3,092,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AEHR. Invesco Ltd. increased its position in shares of Aehr Test Systems by 7.9% during the fourth quarter. Invesco Ltd. now owns 16,007 shares of the semiconductor company's stock worth $266,000 after purchasing an additional 1,172 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Aehr Test Systems by 15.4% in the 4th 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 in the last quarter. Rhumbline Advisers boosted its holdings in shares of Aehr Test Systems by 5.7% during the 1st quarter. Rhumbline Advisers now owns 40,212 shares of the semiconductor company's stock worth $293,000 after purchasing an additional 2,165 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Aehr Test Systems by 1.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 137,241 shares of the semiconductor company's stock valued at $2,283,000 after purchasing an additional 2,365 shares during the last quarter. Finally, State of Wyoming acquired a new stake in shares of Aehr Test Systems in the fourth quarter valued at approximately $67,000. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Insider Activity at Aehr Test Systems

In other Aehr Test Systems news, VP Alistair N. Sporck sold 3,000 shares of Aehr Test Systems stock in a transaction dated 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 transaction, the vice president directly owned 30,808 shares of the company's stock, valued at $435,317.04. The trade was a 8.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Laura Oliphant sold 5,000 shares of the firm's stock in a transaction that occurred on Friday, July 25th. The shares were sold at an average price of $21.50, for a total transaction of $107,500.00. Following the completion of the transaction, the director directly owned 7,665 shares of the company's stock, valued at approximately $164,797.50. The trade was a 39.48% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 30,995 shares of company stock worth $552,185. Company insiders own 6.20% of the company's stock.

Aehr Test Systems Trading Down 2.9%

AEHR stock traded down $0.55 during trading on Tuesday, reaching $18.48. 781,075 shares of the stock were exchanged, compared to its average volume of 2,114,080. The business has a 50 day moving average price of $14.18 and a 200-day moving average price of $11.04. Aehr Test Systems has a 1 year low of $6.27 and a 1 year high of $23.00. The firm has a market capitalization of $552.92 million, a price-to-earnings ratio of -142.14 and a beta of 2.35.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last announced its quarterly earnings results on Tuesday, July 8th. The semiconductor company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.02) by $0.01. The business had revenue of $14,100 billion for 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, research analysts anticipate that Aehr Test Systems will post 0.1 EPS for the current year.

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.