GSA Capital Partners LLP Sells 94,823 Shares of Aehr Test Systems (NASDAQ:AEHR)

GSA Capital Partners LLP reduced its position in shares of Aehr Test Systems (NASDAQ:AEHR - Free Report) by 40.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 137,861 shares of the semiconductor company's stock after selling 94,823 shares during the period. GSA Capital Partners LLP owned about 0.47% of Aehr Test Systems worth $1,772,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Federated Hermes Inc. grew its holdings in shares of Aehr Test Systems by 769.7% in the second quarter. Federated Hermes Inc. now owns 1,100,567 shares of the semiconductor company's stock valued at $12,293,000 after purchasing an additional 974,028 shares in the last quarter. Baillie Gifford & Co. grew its stake in shares of Aehr Test Systems by 101.6% during the 2nd quarter. Baillie Gifford & Co. now owns 1,670,590 shares of the semiconductor company's stock worth $18,660,000 after purchasing an additional 841,964 shares during the period. Vanguard Group Inc. grew its holdings in shares of Aehr Test Systems by 39.0% during the first quarter. Vanguard Group Inc. now owns 2,097,712 shares of the semiconductor company's stock worth $26,012,000 after buying an additional 588,953 shares in the last quarter. Rice Hall James & Associates LLC boosted its holdings in shares of Aehr Test Systems by 339.6% in the 2nd quarter. Rice Hall James & Associates LLC now owns 339,756 shares of the semiconductor company's stock valued at $3,795,000 after purchasing an additional 262,469 shares during the last quarter. Finally, Apis Capital Advisors LLC purchased a new stake in Aehr Test Systems during the second quarter valued at about $2,133,000. 69.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AEHR shares. StockNews.com downgraded Aehr Test Systems from a "hold" rating to a "sell" rating in a report on Saturday, October 5th. Craig Hallum raised shares of Aehr Test Systems from a "hold" rating to a "buy" rating and increased their price target for the stock from $12.00 to $25.00 in a research report on Wednesday, July 17th.

Aehr Test Systems Stock Performance

Shares of NASDAQ AEHR traded down $0.27 during mid-day trading on Wednesday, reaching $11.73. The company had a trading volume of 1,121,916 shares, compared to its average volume of 1,375,833. The stock has a market capitalization of $347.56 million, a PE ratio of 11.93 and a beta of 2.03. Aehr Test Systems has a twelve month low of $9.83 and a twelve month high of $30.50. The stock's 50 day moving average is $13.45 and its 200-day moving average is $13.45.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last announced its earnings results on Thursday, October 10th. The semiconductor company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.05. The business had revenue of $13.12 million during the quarter, compared to the consensus estimate of $11.90 million. Aehr Test Systems had a net margin of 49.63% and a return on equity of 29.31%. On average, sell-side analysts anticipate that Aehr Test Systems will post 0.22 EPS 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.