54,671 Shares in Aehr Test Systems (NASDAQ:AEHR) Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC purchased a new position in Aehr Test Systems (NASDAQ:AEHR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 54,671 shares of the semiconductor company's stock, valued at approximately $909,000. Janney Montgomery Scott LLC owned 0.18% of Aehr Test Systems at the end of the most recent reporting period.

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

Analyst Ratings Changes

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

Aehr Test Systems Trading Down 1.7 %

Shares of Aehr Test Systems stock traded down $0.19 during trading hours on Friday, reaching $10.78. 609,979 shares of the company's stock were exchanged, compared to its average volume of 1,406,417. Aehr Test Systems has a 52-week low of $9.83 and a 52-week high of $21.44. The firm has a market capitalization of $320.27 million, a price-to-earnings ratio of 14.37 and a beta of 1.81. The company has a fifty day moving average of $13.49 and a 200-day moving average of $13.67.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last issued its quarterly earnings results 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 return on equity of 21.09% and a net margin of 43.41%. On average, equities research analysts anticipate that Aehr Test Systems will post 0.1 earnings per share for the current fiscal 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.