Rice Hall James & Associates LLC Purchases 235,625 Shares of Aehr Test Systems (NASDAQ:AEHR)

Rice Hall James & Associates LLC raised its position in shares of Aehr Test Systems (NASDAQ:AEHR - Free Report) by 59.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 634,391 shares of the semiconductor company's stock after purchasing an additional 235,625 shares during the quarter. Rice Hall James & Associates LLC owned approximately 2.14% of Aehr Test Systems worth $10,550,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AEHR. FMR LLC increased its position in Aehr Test Systems by 1,535.8% during the 3rd quarter. FMR LLC now owns 2,619,108 shares of the semiconductor company's stock valued at $33,656,000 after purchasing an additional 2,458,993 shares during the period. Baillie Gifford & Co. increased its position 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. Pier Capital LLC grew its position in shares of Aehr Test Systems by 33.4% during the 3rd quarter. Pier Capital LLC now owns 412,077 shares of the semiconductor company's stock worth $5,295,000 after buying an additional 103,144 shares during the period. Annex Advisory Services LLC acquired a new stake in shares of Aehr Test Systems during the 4th quarter worth approximately $1,303,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of Aehr Test Systems during the 4th quarter worth approximately $909,000. Institutional investors and hedge funds own 69.69% of the company's stock.

Aehr Test Systems Stock Performance

Shares of AEHR stock traded down $0.67 during trading hours on Friday, hitting $11.43. 879,601 shares of the company were exchanged, compared to its average volume of 1,268,243. The firm has a market cap of $339.59 million, a P/E ratio of 15.24 and a beta of 1.81. Aehr Test Systems has a fifty-two week low of $9.83 and a fifty-two week high of $21.44. The company has a 50 day simple moving average of $13.32 and a two-hundred day simple moving average of $13.27.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last announced its quarterly earnings data on Monday, January 13th. The semiconductor company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.02). Aehr Test Systems had a return on equity of 21.09% and a net margin of 43.41%. As a group, sell-side analysts expect that Aehr Test Systems will post 0.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Aehr Test Systems Company 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.