Handelsbanken Fonder AB Makes New Investment in Aehr Test Systems (NASDAQ:AEHR)

Handelsbanken Fonder AB acquired a new position in shares of Aehr Test Systems (NASDAQ:AEHR - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 170,000 shares of the semiconductor company's stock, valued at approximately $4,510,000. Handelsbanken Fonder AB owned about 0.59% of Aehr Test Systems at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Aehr Test Systems by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 1,470,375 shares of the semiconductor company's stock worth $67,196,000 after purchasing an additional 12,256 shares during the last quarter. Lord Abbett & CO. LLC grew its stake in Aehr Test Systems by 141.6% in the 3rd quarter. Lord Abbett & CO. LLC now owns 953,674 shares of the semiconductor company's stock valued at $43,583,000 after buying an additional 558,908 shares during the last quarter. Baillie Gifford & Co. grew its stake in Aehr Test Systems by 10,714.9% in the 4th quarter. Baillie Gifford & Co. now owns 662,307 shares of the semiconductor company's stock valued at $17,571,000 after buying an additional 656,183 shares during the last quarter. Invesco Ltd. grew its stake in Aehr Test Systems by 379.1% in the 3rd quarter. Invesco Ltd. now owns 596,660 shares of the semiconductor company's stock valued at $27,267,000 after buying an additional 472,113 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Aehr Test Systems by 183.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 200,553 shares of the semiconductor company's stock valued at $9,165,000 after buying an additional 129,890 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Aehr Test Systems Trading Up 1.5 %

NASDAQ AEHR traded up $0.17 during trading on Friday, reaching $11.47. The company's stock had a trading volume of 936,290 shares, compared to its average volume of 1,550,812. The firm has a market capitalization of $331.71 million, a price-to-earnings ratio of 21.73 and a beta of 1.97. Aehr Test Systems has a 12 month low of $10.19 and a 12 month high of $54.10. The firm has a 50 day moving average price of $13.85 and a 200 day moving average price of $20.70.

Wall Street Analyst Weigh In

A number of research analysts recently commented on AEHR shares. Craig Hallum reiterated a "hold" rating and issued a $12.00 price target on shares of Aehr Test Systems in a research note on Tuesday, March 26th. William Blair reiterated a "market perform" rating on shares of Aehr Test Systems in a research note on Monday, March 25th. Finally, StockNews.com lowered shares of Aehr Test Systems from a "hold" rating to a "sell" rating in a research note on Thursday, April 11th.

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.