Riverwater Partners LLC Has $220,000 Position in Aehr Test Systems (NASDAQ:AEHR)

Riverwater Partners LLC lessened its holdings in shares of Aehr Test Systems (NASDAQ:AEHR) by 24.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 13,241 shares of the semiconductor company’s stock after selling 4,394 shares during the period. Riverwater Partners LLC’s holdings in Aehr Test Systems were worth $220,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AEHR. FMR LLC grew its holdings in Aehr Test Systems by 1,535.8% during the 3rd quarter. FMR LLC now owns 2,619,108 shares of the semiconductor company’s stock worth $33,656,000 after acquiring an additional 2,458,993 shares during the last quarter. Vanguard Group Inc. lifted 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 purchasing an additional 44,881 shares in the last quarter. Baillie Gifford & Co. grew its stake in shares of 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 increased its holdings in shares of Aehr Test Systems by 1.3% in 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 in the last quarter. Finally, Rice Hall James & Associates LLC raised its position in Aehr Test Systems by 59.1% in the 4th quarter. Rice Hall James & Associates LLC now owns 634,391 shares of the semiconductor company’s stock worth $10,550,000 after purchasing an additional 235,625 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Aehr Test Systems Trading Up 6.1 %

Shares of AEHR opened at $7.26 on Friday. The stock has a market cap of $215.71 million, a P/E ratio of 9.68 and a beta of 1.92. Aehr Test Systems has a 1 year low of $6.27 and a 1 year high of $21.44. The stock’s 50-day moving average price is $9.74 and its two-hundred day moving average price is $12.19.

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

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.