Janus Henderson Group PLC Invests $672,000 in Aehr Test Systems (NASDAQ:AEHR)

Janus Henderson Group PLC purchased a new stake in shares of Aehr Test Systems (NASDAQ:AEHR - Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 52,308 shares of the semiconductor company's stock, valued at approximately $672,000. Janus Henderson Group PLC owned approximately 0.18% of Aehr Test Systems at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AEHR. Price T Rowe Associates Inc. MD lifted its holdings in shares of Aehr Test Systems by 6.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 16,018 shares of the semiconductor company's stock valued at $199,000 after purchasing an additional 961 shares in the last quarter. Penbrook Management LLC bought a new position in shares of Aehr Test Systems during the second quarter valued at $308,000. Baillie Gifford & Co. lifted its holdings in shares of Aehr Test Systems by 101.6% during the second quarter. Baillie Gifford & Co. now owns 1,670,590 shares of the semiconductor company's stock valued at $18,660,000 after purchasing an additional 841,964 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Aehr Test Systems by 7.3% during the second quarter. Bank of New York Mellon Corp now owns 101,957 shares of the semiconductor company's stock valued at $1,139,000 after purchasing an additional 6,896 shares in the last quarter. Finally, Principal Financial Group Inc. bought a new position in shares of Aehr Test Systems during the second quarter valued at $758,000. 69.69% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Aehr Test Systems Trading Down 0.4 %

AEHR stock traded down $0.05 during trading on Friday, reaching $11.53. The stock had a trading volume of 520,778 shares, compared to its average volume of 1,321,995. The firm has a market cap of $341.63 million, a PE ratio of 11.77 and a beta of 1.94. Aehr Test Systems has a 52 week low of $9.83 and a 52 week high of $30.50. The stock's 50 day moving average is $13.00 and its two-hundred day moving average is $13.47.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last issued its quarterly earnings data on Thursday, October 10th. The semiconductor company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.05. The company had revenue of $13.12 million during the quarter, compared to analyst estimates of $11.90 million. Aehr Test Systems had a return on equity of 29.31% and a net margin of 49.63%. On average, research 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.