Versor Investments LP Invests $117,000 in Aehr Test Systems (NASDAQ:AEHR)

Versor Investments LP purchased a new stake in Aehr Test Systems (NASDAQ:AEHR) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 10,500 shares of the semiconductor company’s stock, valued at approximately $117,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its holdings in shares of Aehr Test Systems by 6.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 16,018 shares of the semiconductor company’s stock worth $199,000 after acquiring an additional 961 shares during the period. RiverPark Advisors LLC grew its holdings in Aehr Test Systems by 360.8% in the 1st quarter. RiverPark Advisors LLC now owns 2,069 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 1,620 shares in the last quarter. Greenwood Capital Associates LLC increased its position in Aehr Test Systems by 10.6% during the 4th quarter. Greenwood Capital Associates LLC now owns 21,046 shares of the semiconductor company’s stock worth $558,000 after buying an additional 2,023 shares during the period. nVerses Capital LLC acquired a new stake in shares of Aehr Test Systems during the second quarter worth $25,000. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Aehr Test Systems by 33.2% during the first quarter. BNP Paribas Financial Markets now owns 24,683 shares of the semiconductor company’s stock worth $306,000 after buying an additional 6,150 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Insider Transactions at Aehr Test Systems

In related news, Director Fariba Danesh sold 10,000 shares of Aehr Test Systems stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $18.59, for a total value of $185,900.00. Following the transaction, the director now directly owns 16,390 shares of the company’s stock, valued at $304,690.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Fariba Danesh sold 10,000 shares of the stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $18.59, for a total value of $185,900.00. Following the completion of the transaction, the director now owns 16,390 shares of the company’s stock, valued at $304,690.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Howard T. Slayen purchased 20,000 shares of the firm’s stock in a transaction that occurred on Friday, August 2nd. The shares were bought at an average cost of $15.50 per share, for a total transaction of $310,000.00. Following the completion of the acquisition, the director now directly owns 220,714 shares in the company, valued at approximately $3,421,067. The disclosure for this purchase can be found here. 11.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

AEHR has been the topic of several research reports. StockNews.com downgraded shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a research note on Tuesday, August 27th. Craig Hallum upgraded shares of Aehr Test Systems from a “hold” rating to a “buy” rating and increased their target price for the stock from $12.00 to $25.00 in a research report on Wednesday, July 17th.

Aehr Test Systems Price Performance

Shares of NASDAQ AEHR opened at $13.52 on Friday. The business has a fifty day moving average price of $14.96 and a two-hundred day moving average price of $13.50. The stock has a market capitalization of $390.93 million, a PE ratio of 26.00 and a beta of 2.05. Aehr Test Systems has a fifty-two week low of $9.83 and a fifty-two week high of $51.66.

Aehr Test Systems (NASDAQ:AEHR) last posted its quarterly earnings results on Friday, July 19th. The semiconductor company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.70. The business had revenue of $16.60 million during the quarter. Aehr Test Systems had a return on equity of 36.41% and a net margin of 50.07%. During the same period last year, the firm earned $0.21 EPS. On average, equities analysts expect that Aehr Test Systems will post 0.25 EPS for the current year.

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.