78,362 Shares in Aehr Test Systems (NASDAQ:AEHR) Bought by Annex Advisory Services LLC

Annex Advisory Services LLC bought a new stake in Aehr Test Systems (NASDAQ:AEHR - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 78,362 shares of the semiconductor company's stock, valued at approximately $1,303,000. Annex Advisory Services LLC owned about 0.26% of Aehr Test Systems as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of AEHR. Truvestments Capital LLC acquired a new position in shares of Aehr Test Systems during the 3rd quarter worth about $36,000. Quarry LP acquired a new stake in shares of Aehr Test Systems in the third quarter valued at approximately $41,000. US Bancorp DE bought a new position in shares of Aehr Test Systems during the 3rd quarter worth approximately $77,000. Montanaro Asset Management Ltd acquired a new position in shares of Aehr Test Systems during the 3rd quarter worth approximately $112,000. Finally, The Manufacturers Life Insurance Company raised its stake in Aehr Test Systems by 7.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,045 shares of the semiconductor company's stock valued at $123,000 after acquiring an additional 769 shares during the period. Institutional investors and hedge funds own 69.69% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Aehr Test Systems from a "hold" rating to a "sell" rating in a report on Saturday, October 5th.

Aehr Test Systems Trading Up 6.1 %

AEHR stock traded up $0.76 during trading hours on Tuesday, hitting $13.22. 1,313,859 shares of the stock were exchanged, compared to its average volume of 1,956,850. The company has a 50-day simple moving average of $13.51 and a two-hundred day simple moving average of $14.08. The firm has a market capitalization of $392.77 million, a P/E ratio of 17.63 and a beta of 1.86. Aehr Test Systems has a 12 month low of $9.83 and a 12 month high of $21.44.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last posted its quarterly earnings data on Monday, January 13th. The semiconductor company reported ($0.01) earnings per share (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 predict that Aehr Test Systems will post 0.1 earnings per share 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.