Pier Capital LLC Purchases 112,154 Shares of Aehr Test Systems (NASDAQ:AEHR)

Pier Capital LLC increased its position in Aehr Test Systems (NASDAQ:AEHR - Free Report) by 27.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 524,231 shares of the semiconductor company's stock after acquiring an additional 112,154 shares during the quarter. Pier Capital LLC owned about 1.76% of Aehr Test Systems worth $8,718,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Aehr Test Systems by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 2,183,641 shares of the semiconductor company's stock worth $36,314,000 after purchasing an additional 44,881 shares during the period. LPL Financial LLC bought a new position in Aehr Test Systems in the 4th quarter worth approximately $874,000. HighTower Advisors LLC lifted its holdings in shares of Aehr Test Systems by 18.1% during the fourth quarter. HighTower Advisors LLC now owns 13,256 shares of the semiconductor company's stock worth $220,000 after buying an additional 2,032 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Aehr Test Systems in the fourth quarter valued at approximately $272,000. Finally, Bank of New York Mellon Corp grew its stake in shares of Aehr Test Systems by 9.4% in the fourth quarter. Bank of New York Mellon Corp now owns 89,631 shares of the semiconductor company's stock worth $1,491,000 after acquiring an additional 7,680 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company's stock.

Aehr Test Systems Trading Down 8.4 %

AEHR traded down $0.72 on Friday, hitting $7.88. 723,280 shares of the stock traded hands, compared to its average volume of 1,191,943. The business has a fifty day moving average price of $10.26 and a two-hundred day moving average price of $12.37. Aehr Test Systems has a 52 week low of $7.82 and a 52 week high of $21.44. The firm has a market capitalization of $234.13 million, a PE ratio of 10.51 and a beta of 1.92.

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Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last issued its earnings results on Monday, January 13th. The semiconductor company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.02). Aehr Test Systems had a net margin of 43.41% and a return on equity of 21.09%. On average, equities research analysts forecast that Aehr Test Systems will post 0.1 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Aehr Test Systems to a "sell" rating in a research report on Wednesday, January 22nd.

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.