Northern Trust Corp Buys 19,401 Shares of Aehr Test Systems (NASDAQ:AEHR)

Northern Trust Corp increased its stake in shares of Aehr Test Systems (NASDAQ:AEHR) by 8.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 250,336 shares of the semiconductor company’s stock after acquiring an additional 19,401 shares during the quarter. Northern Trust Corp’s holdings in Aehr Test Systems were worth $4,163,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Aehr Test Systems by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 2,183,641 shares of the semiconductor company’s stock worth $36,314,000 after acquiring an additional 44,881 shares during the last quarter. Baillie Gifford & Co. lifted its position in Aehr Test Systems by 12.0% during the fourth 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 last quarter. Geode Capital Management LLC lifted its position in Aehr Test Systems by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 647,610 shares of the semiconductor company’s stock valued at $10,773,000 after purchasing an additional 8,461 shares during the last quarter. Rice Hall James & Associates LLC lifted its position in Aehr Test Systems by 59.1% during the fourth quarter. Rice Hall James & Associates LLC now owns 634,391 shares of the semiconductor company’s stock valued at $10,550,000 after purchasing an additional 235,625 shares during the last quarter. Finally, Pier Capital LLC lifted its position in Aehr Test Systems by 27.2% during the fourth quarter. Pier Capital LLC now owns 524,231 shares of the semiconductor company’s stock valued at $8,718,000 after purchasing an additional 112,154 shares during the last quarter. Institutional investors own 69.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Aehr Test Systems to a “sell” rating in a research report on Tuesday, May 13th.

Aehr Test Systems Stock Up 4.3%

AEHR stock opened at $8.83 on Friday. Aehr Test Systems has a 52 week low of $6.27 and a 52 week high of $21.44. The company has a fifty day simple moving average of $8.41 and a two-hundred day simple moving average of $10.88. The firm has a market capitalization of $262.88 million, a P/E ratio of 11.77 and a beta of 2.21.

Insider Buying and Selling at Aehr Test Systems

In other Aehr Test Systems news, EVP Alberto Salamone sold 4,995 shares of the stock in a transaction on Monday, May 12th. The shares were sold at an average price of $9.08, for a total transaction of $45,354.60. Following the completion of the transaction, the executive vice president now owns 56,241 shares in the company, valued at $510,668.28. This trade represents a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.20% of the stock is owned by company insiders.

Aehr Test Systems 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.