DnB Asset Management AS Acquires Shares of 48,686 Aehr Test Systems (NASDAQ:AEHR)

DnB Asset Management AS bought a new stake in shares of Aehr Test Systems (NASDAQ:AEHR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 48,686 shares of the semiconductor company’s stock, valued at approximately $810,000. DnB Asset Management AS owned about 0.16% of Aehr Test Systems at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in AEHR. New Wave Wealth Advisors LLC bought a new stake in shares of Aehr Test Systems in the fourth quarter valued at $28,000. Quarry LP purchased a new stake in Aehr Test Systems during the third quarter valued at about $41,000. HighTower Advisors LLC bought a new position in Aehr Test Systems during the third quarter worth about $144,000. SG Americas Securities LLC increased its stake in shares of Aehr Test Systems by 43.7% in the fourth quarter. SG Americas Securities LLC now owns 14,519 shares of the semiconductor company’s stock worth $241,000 after purchasing an additional 4,412 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Aehr Test Systems by 15.4% in the fourth quarter. JPMorgan Chase & Co. now owns 15,591 shares of the semiconductor company’s stock valued at $259,000 after purchasing an additional 2,076 shares during the period. 69.69% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Aehr Test Systems Stock Down 0.1 %

Shares of NASDAQ AEHR opened at $7.84 on Thursday. The company has a market cap of $232.94 million, a P/E ratio of 10.45 and a beta of 1.92. Aehr Test Systems has a 52 week low of $7.08 and a 52 week high of $21.44. The business has a 50-day simple moving average of $9.95 and a two-hundred day simple moving average of $12.26.

Aehr Test Systems (NASDAQ:AEHR) last issued 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 net margin of 43.41% and a return on equity of 21.09%. Equities research analysts anticipate that Aehr Test Systems will post 0.1 EPS for the current year.

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.