Halter Ferguson Financial Inc. Sells 45,635 Shares of Aehr Test Systems (NASDAQ:AEHR)

Halter Ferguson Financial Inc. decreased its stake in Aehr Test Systems (NASDAQ:AEHR - Free Report) by 9.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 453,536 shares of the semiconductor company's stock after selling 45,635 shares during the quarter. Aehr Test Systems accounts for about 3.1% of Halter Ferguson Financial Inc.'s investment portfolio, making the stock its 5th largest holding. Halter Ferguson Financial Inc. owned 1.53% of Aehr Test Systems worth $7,542,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of AEHR. New Wave Wealth Advisors LLC acquired a new stake in Aehr Test Systems during the 4th quarter worth about $28,000. Truvestments Capital LLC purchased a new stake in shares of Aehr Test Systems during the 3rd quarter worth about $36,000. Quarry LP purchased a new stake in shares of Aehr Test Systems during the 3rd quarter worth about $41,000. HighTower Advisors LLC purchased a new stake in shares of Aehr Test Systems during the 3rd quarter worth about $144,000. Finally, Quest Partners LLC raised its stake in shares of Aehr Test Systems by 203.0% during the 3rd quarter. Quest Partners LLC now owns 12,815 shares of the semiconductor company's stock worth $165,000 after purchasing an additional 8,585 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company's stock.

Aehr Test Systems Price Performance

Shares of AEHR stock traded down $0.06 during trading on Friday, reaching $8.90. The company had a trading volume of 671,553 shares, compared to its average volume of 1,228,804. The firm's 50 day simple moving average is $10.69 and its two-hundred day simple moving average is $12.55. Aehr Test Systems has a one year low of $7.92 and a one year high of $21.44. The company has a market capitalization of $264.44 million, a PE ratio of 11.87 and a beta of 1.92.

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Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last issued its quarterly earnings data on Monday, January 13th. The semiconductor company reported ($0.01) earnings per share 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%. Analysts forecast that Aehr Test Systems will post 0.1 earnings per share for the current year.

Analysts Set New Price Targets

Separately, StockNews.com raised Aehr Test Systems to a "sell" rating in a research note 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.