Next Century Growth Investors LLC Boosts Stock Holdings in Aehr Test Systems $AEHR

Next Century Growth Investors LLC increased its position in Aehr Test Systems (NASDAQ:AEHR) by 99.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 552,506 shares of the semiconductor company’s stock after acquiring an additional 276,160 shares during the quarter. Next Century Growth Investors LLC’s holdings in Aehr Test Systems were worth $11,155,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Aehr Test Systems by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 2,337,433 shares of the semiconductor company’s stock valued at $47,193,000 after acquiring an additional 49,243 shares during the period. Halter Ferguson Financial Inc. boosted its position in shares of Aehr Test Systems by 41.7% in the fourth quarter. Halter Ferguson Financial Inc. now owns 642,129 shares of the semiconductor company’s stock valued at $12,965,000 after acquiring an additional 189,117 shares during the period. State of Alaska Department of Revenue bought a new position in shares of Aehr Test Systems in the fourth quarter valued at approximately $377,000. UBS Group AG boosted its position in shares of Aehr Test Systems by 55.7% in the fourth quarter. UBS Group AG now owns 243,129 shares of the semiconductor company’s stock valued at $4,909,000 after acquiring an additional 87,014 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Aehr Test Systems in the fourth quarter valued at approximately $407,000. 69.69% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Aehr Test Systems

In other Aehr Test Systems news, Director Howard T. Slayen sold 6,819 shares of Aehr Test Systems stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $104.73, for a total transaction of $714,153.87. Following the completion of the sale, the director directly owned 169,709 shares in the company, valued at $17,773,623.57. The trade was a 3.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Alberto Salamone sold 15,000 shares of Aehr Test Systems stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $89.57, for a total transaction of $1,343,550.00. Following the sale, the executive vice president owned 63,025 shares of the company’s stock, valued at approximately $5,645,149.25. The trade was a 19.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 375,005 shares of company stock valued at $28,656,178 over the last quarter. Company insiders own 6.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Weiss Ratings upgraded shares of Aehr Test Systems from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Wall Street Zen upgraded shares of Aehr Test Systems from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. Craig Hallum upgraded shares of Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a research report on Wednesday, April 8th. Lake Street Capital restated a “buy” rating on shares of Aehr Test Systems in a research report on Wednesday, April 8th. Finally, William Blair upgraded shares of Aehr Test Systems from a “market perform” rating to an “outperform” rating in a research report on Monday, March 2nd. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $68.00.

Aehr Test Systems Price Performance

Shares of Aehr Test Systems stock opened at $108.47 on Friday. Aehr Test Systems has a 1 year low of $10.89 and a 1 year high of $121.80. The firm has a market cap of $3.41 billion, a PE ratio of -285.45 and a beta of 3.17. The company has a 50 day simple moving average of $88.91 and a two-hundred day simple moving average of $50.01.

Aehr Test Systems (NASDAQ:AEHR) last announced its earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.02. Aehr Test Systems had a negative net margin of 25.23% and a negative return on equity of 7.15%. The business had revenue of $10.31 million during the quarter, compared to analyst estimates of $10.85 million. As a group, research analysts anticipate that Aehr Test Systems will post -0.31 earnings per share for the current year.

Aehr Test Systems Company Profile

Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.

The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.