52,528 Shares in Aehr Test Systems (NASDAQ:AEHR) Bought by LPL Financial LLC

LPL Financial LLC purchased a new stake in shares of Aehr Test Systems (NASDAQ:AEHR - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 52,528 shares of the semiconductor company's stock, valued at approximately $874,000. LPL Financial LLC owned 0.18% of Aehr Test Systems as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of AEHR. Rice Hall James & Associates LLC increased its position in shares of Aehr Test Systems by 59.1% in the fourth quarter. Rice Hall James & Associates LLC now owns 634,391 shares of the semiconductor company's stock worth $10,550,000 after acquiring an additional 235,625 shares in the last quarter. Baillie Gifford & Co. raised its stake in Aehr Test Systems by 12.0% during the 4th quarter. Baillie Gifford & Co. now owns 2,023,559 shares of the semiconductor company's stock valued at $33,652,000 after purchasing an additional 216,710 shares during the period. Annex Advisory Services LLC purchased a new stake in shares of Aehr Test Systems in the fourth quarter valued at $1,303,000. Janney Montgomery Scott LLC purchased a new stake in shares of Aehr Test Systems in the fourth quarter valued at $909,000. Finally, Barclays PLC grew its holdings in shares of Aehr Test Systems by 27.3% during the third quarter. Barclays PLC now owns 140,525 shares of the semiconductor company's stock valued at $1,807,000 after buying an additional 30,119 shares in the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Aehr Test Systems Trading Down 2.2 %

AEHR stock traded down $0.18 during midday trading on Wednesday, reaching $8.12. The company had a trading volume of 789,461 shares, compared to its average volume of 1,194,314. The company has a 50 day moving average of $8.93 and a two-hundred day moving average of $11.76. The company has a market capitalization of $241.74 million, a P/E ratio of 10.83 and a beta of 2.00. Aehr Test Systems has a 1 year low of $6.27 and a 1 year high of $21.44.

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.