Aehr Test Systems (NASDAQ:AEHR) Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its position in Aehr Test Systems (NASDAQ:AEHR) by 9.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,631 shares of the semiconductor company’s stock after buying an additional 7,680 shares during the quarter. Bank of New York Mellon Corp’s holdings in Aehr Test Systems were worth $1,491,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. New Wave Wealth Advisors LLC bought a new stake in shares of Aehr Test Systems in the 4th quarter worth about $28,000. Truvestments Capital LLC bought a new stake in shares of Aehr Test Systems in the 3rd quarter worth about $36,000. Quarry LP bought a new stake in shares of Aehr Test Systems in the 3rd quarter worth about $41,000. SG Americas Securities LLC increased its position in shares of Aehr Test Systems by 43.7% in the 4th 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 during the last quarter. Finally, Greenwood Capital Associates LLC increased its position in shares of Aehr Test Systems by 18.2% in the 4th quarter. Greenwood Capital Associates LLC now owns 32,693 shares of the semiconductor company’s stock worth $544,000 after purchasing an additional 5,026 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Aehr Test Systems Stock Performance

AEHR opened at $8.90 on Friday. The company has a 50-day moving average of $10.69 and a 200-day moving average of $12.54. The company has a market capitalization of $264.44 million, a P/E ratio of 11.87 and a beta of 1.92. Aehr Test Systems has a 1-year low of $7.92 and a 1-year high of $21.44.

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

Wall Street Analyst Weigh In

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

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.