Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 20,000 Aehr Test Systems $AEHR

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH acquired 20,000 shares of Aehr Test Systems (NASDAQ:AEHR) in Q4, a stake valued at approximately $407,000 and representing about 0.07% of the company.
• Insiders have sold heavily: CEO Gayn Erickson sold 96,036 shares (~$6.78M) and Donald P. Richmond II sold 17,011 shares, with insiders disposing of 382,184 shares worth roughly $28.36M in the last 90 days.
• Analysts show mixed views: the consensus rating is a Hold with a $68 price target despite several recent upgrades, and the stock opened at $91.19 (52-week range $8.02–$102.48) on the latest trading day.

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Aehr Test Systems (NASDAQ:AEHR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 20,000 shares of the semiconductor company's stock, valued at approximately $407,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.07% of Aehr Test Systems at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Sunbelt Securities Inc. acquired a new stake in Aehr Test Systems during the third quarter valued at approximately $27,000. State of Wyoming acquired a new position in Aehr Test Systems in the second quarter worth approximately $28,000. Jones Financial Companies Lllp increased its holdings in shares of Aehr Test Systems by 3,448.3% in the third quarter. Jones Financial Companies Lllp now owns 1,029 shares of the semiconductor company's stock valued at $31,000 after buying an additional 1,000 shares in the last quarter. RiverPark Advisors LLC acquired a new stake in shares of Aehr Test Systems during the 3rd quarter valued at $42,000. Finally, Russell Investments Group Ltd. lifted its position in shares of Aehr Test Systems by 3,500.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 2,448 shares of the semiconductor company's stock valued at $74,000 after acquiring an additional 2,380 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. William Blair upgraded Aehr Test Systems from a "market perform" rating to an "outperform" rating in a report on Monday, March 2nd. Lake Street Capital reaffirmed a "buy" rating on shares of Aehr Test Systems in a report on Wednesday, April 8th. Wall Street Zen upgraded Aehr Test Systems from a "strong sell" rating to a "sell" rating in a research report on Saturday, April 11th. Craig Hallum raised Aehr Test Systems from a "hold" rating to a "buy" rating and set a $68.00 price target on the stock in a research note on Wednesday, April 8th. Finally, Weiss Ratings upgraded Aehr Test Systems from a "sell (d)" rating to a "sell (d+)" rating in a report on Monday. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $68.00.

Aehr Test Systems Stock Performance

Aehr Test Systems stock opened at $91.19 on Wednesday. Aehr Test Systems has a 52 week low of $8.02 and a 52 week high of $102.48. The firm has a market capitalization of $2.87 billion, a price-to-earnings ratio of -239.97 and a beta of 3.26. The company has a 50 day moving average price of $55.04 and a 200 day moving average price of $35.46.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last announced its earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.02. The company had revenue of $10.31 million for the quarter, compared to the consensus estimate of $10.85 million. Aehr Test Systems had a negative net margin of 25.23% and a negative return on equity of 7.15%. Equities analysts forecast that Aehr Test Systems will post -0.31 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Donald P. Richmond II sold 17,011 shares of the stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $73.18, for a total value of $1,244,864.98. Following the completion of the sale, the insider directly owned 181,512 shares of the company's stock, valued at approximately $13,283,048.16. This represents a 8.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gayn Erickson sold 96,036 shares of Aehr Test Systems stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $70.58, for a total value of $6,778,220.88. Following the transaction, the chief executive officer directly owned 197,723 shares in the company, valued at approximately $13,955,289.34. This trade represents a 32.69% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 382,184 shares of company stock valued at $28,362,244 in the last ninety days. Corporate insiders own 6.80% of the company's stock.

About Aehr Test Systems

Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.

The company's product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.

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