Aehr Test Systems $AEHR is Halter Ferguson Financial Inc.'s 7th Largest Position

Key Points

• Halter Ferguson Financial Inc. increased its stake in Aehr Test Systems by 3.7% in Q2, owning 439,714 shares valued at approximately $5.69 million.
• Aehr Test Systems reported a quarterly EPS of ($0.01), surpassing analyst estimates, but fell short on revenue expectations with $14.10 million compared to the forecast of $14.83 million.
• Insider trading activity revealed sales by key executives, including a total of 26,000 shares sold in the last 90 days, indicating a decrease in insider positions.

Halter Ferguson Financial Inc. grew its position in Aehr Test Systems (NASDAQ:AEHR - Free Report) by 3.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 439,714 shares of the semiconductor company's stock after buying an additional 15,541 shares during the period. Aehr Test Systems accounts for about 2.0% of Halter Ferguson Financial Inc.'s portfolio, making the stock its 7th largest position. Halter Ferguson Financial Inc. owned approximately 1.48% of Aehr Test Systems worth $5,686,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of AEHR. Quantbot Technologies LP acquired a new stake in Aehr Test Systems in the 1st quarter worth approximately $31,000. GAMMA Investing LLC boosted its stake in Aehr Test Systems by 1,753.1% in the 1st quarter. GAMMA Investing LLC now owns 7,079 shares of the semiconductor company's stock worth $52,000 after purchasing an additional 6,697 shares in the last quarter. State of Wyoming acquired a new stake in Aehr Test Systems in the 4th quarter worth approximately $67,000. American Century Companies Inc. acquired a new stake in Aehr Test Systems in the 1st quarter worth approximately $86,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Aehr Test Systems by 8.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,225 shares of the semiconductor company's stock worth $126,000 after purchasing an additional 1,344 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Aehr Test Systems Price Performance

AEHR traded up $0.94 during trading on Tuesday, reaching $33.47. 1,261,519 shares of the company's stock were exchanged, compared to its average volume of 1,242,366. Aehr Test Systems has a 1 year low of $6.27 and a 1 year high of $34.10. The stock has a market capitalization of $1.00 billion, a P/E ratio of -256.58 and a beta of 2.53. The company's fifty day simple moving average is $21.85 and its 200-day simple moving average is $14.08.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last posted its quarterly earnings results on Tuesday, July 8th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 company had revenue of $14.10 million during the quarter, compared to analyst estimates of $14.83 million. Equities analysts forecast that Aehr Test Systems will post 0.1 EPS for the current year.

Insiders Place Their Bets

In other Aehr Test Systems news, Director Rhea J. Posedel sold 18,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $19.83, for a total transaction of $356,940.00. Following the completion of the transaction, the director directly owned 71,163 shares of the company's stock, valued at approximately $1,411,162.29. This trade represents a 20.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Laura Oliphant sold 5,000 shares of Aehr Test Systems 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 transaction, the director directly owned 7,665 shares of the company's stock, valued at approximately $164,797.50. This trade represents a 39.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 26,000 shares of company stock valued at $506,830. 6.80% of the stock is owned by insiders.

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.