Aehr Test Systems (NASDAQ:AEHR) Shares Acquired by Baillie Gifford & Co.

Baillie Gifford & Co. lifted its holdings in shares of Aehr Test Systems (NASDAQ:AEHR - Free Report) by 12.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,023,559 shares of the semiconductor company's stock after acquiring an additional 216,710 shares during the period. Baillie Gifford & Co. owned approximately 6.81% of Aehr Test Systems worth $33,652,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Rice Hall James & Associates LLC grew its stake in shares of Aehr Test Systems by 17.4% during the third quarter. Rice Hall James & Associates LLC now owns 398,766 shares of the semiconductor company's stock worth $5,124,000 after acquiring an additional 59,010 shares during the last quarter. FMR LLC boosted its position in Aehr Test Systems by 1,535.8% in the third quarter. FMR LLC now owns 2,619,108 shares of the semiconductor company's stock valued at $33,656,000 after buying an additional 2,458,993 shares during the last quarter. Janus Henderson Group PLC purchased a new stake in Aehr Test Systems in the third quarter valued at approximately $672,000. Charles Schwab Investment Management Inc. boosted its position in Aehr Test Systems by 4.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 226,336 shares of the semiconductor company's stock valued at $2,908,000 after buying an additional 8,646 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in Aehr Test Systems by 89.1% in the third quarter. BNP Paribas Financial Markets now owns 23,709 shares of the semiconductor company's stock valued at $305,000 after buying an additional 11,172 shares during the last quarter. Hedge funds and other institutional investors own 69.69% of the company's stock.

Aehr Test Systems Stock Performance

NASDAQ AEHR traded down $0.67 during trading hours on Friday, reaching $11.43. The stock had a trading volume of 879,601 shares, compared to its average volume of 1,268,243. The stock has a fifty day moving average of $13.32 and a 200 day moving average of $13.27. The stock has a market cap of $339.59 million, a P/E ratio of 15.24 and a beta of 1.81. Aehr Test Systems has a 52-week low of $9.83 and a 52-week high of $21.44.

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

Analysts Set New Price Targets

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

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.