Halter Ferguson Financial Inc. Makes New Investment in Aehr Test Systems (NASDAQ:AEHR)

Halter Ferguson Financial Inc. acquired a new position in shares of Aehr Test Systems (NASDAQ:AEHR) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 321,612 shares of the semiconductor company’s stock, valued at approximately $8,532,000. Aehr Test Systems makes up about 5.4% of Halter Ferguson Financial Inc.’s investment portfolio, making the stock its 4th biggest holding. Halter Ferguson Financial Inc. owned approximately 1.11% of Aehr Test Systems as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Aigen Investment Management LP increased its holdings in Aehr Test Systems by 153.6% in the fourth quarter. Aigen Investment Management LP now owns 18,509 shares of the semiconductor company’s stock valued at $491,000 after purchasing an additional 11,210 shares during the last quarter. Trexquant Investment LP boosted its position in Aehr Test Systems by 101.6% during the fourth quarter. Trexquant Investment LP now owns 20,832 shares of the semiconductor company’s stock valued at $553,000 after purchasing an additional 10,498 shares during the last quarter. Gladstone Institutional Advisory LLC bought a new stake in Aehr Test Systems in the fourth quarter valued at approximately $200,000. Thompson Siegel & Walmsley LLC raised its stake in Aehr Test Systems by 76.6% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 51,979 shares of the semiconductor company’s stock valued at $1,379,000 after buying an additional 22,543 shares during the period. Finally, Kessler Investment Group LLC bought a new position in shares of Aehr Test Systems during the fourth quarter worth approximately $131,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Aehr Test Systems Price Performance

AEHR stock traded up $0.22 during mid-day trading on Friday, reaching $11.64. The company had a trading volume of 388,374 shares, compared to its average volume of 1,379,252. The company has a market capitalization of $336.63 million, a PE ratio of 22.08 and a beta of 1.97. The firm has a 50 day moving average of $11.91 and a 200 day moving average of $17.83. Aehr Test Systems has a 12 month low of $10.19 and a 12 month high of $54.10.

Aehr Test Systems (NASDAQ:AEHR) last posted its quarterly earnings results on Tuesday, April 9th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.01. Aehr Test Systems had a net margin of 21.43% and a return on equity of 18.70%. The business had revenue of $7.56 million during the quarter, compared to analysts’ expectations of $7.60 million. Analysts anticipate that Aehr Test Systems will post 0.4 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on AEHR. Craig Hallum reaffirmed a “hold” rating and issued a $12.00 target price on shares of Aehr Test Systems in a report on Tuesday, March 26th. StockNews.com downgraded Aehr Test Systems from a “hold” rating to a “sell” rating in a research note on Thursday, April 11th. Finally, William Blair reiterated a “market perform” rating on shares of Aehr Test Systems in a research note on Monday, March 25th.

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.