Janney Montgomery Scott LLC Invests $909,000 in Aehr Test Systems (NASDAQ:AEHR)

Janney Montgomery Scott LLC purchased a new stake in shares of Aehr Test Systems (NASDAQ:AEHR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 54,671 shares of the semiconductor company’s stock, valued at approximately $909,000. Janney Montgomery Scott LLC owned approximately 0.18% of Aehr Test Systems at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of AEHR. Rice Hall James & Associates LLC raised its holdings in Aehr Test Systems by 17.4% during the third quarter. Rice Hall James & Associates LLC now owns 398,766 shares of the semiconductor company’s stock valued at $5,124,000 after buying an additional 59,010 shares in the last quarter. Baillie Gifford & Co. boosted its stake in shares of Aehr Test Systems by 8.2% during the 3rd quarter. Baillie Gifford & Co. now owns 1,806,849 shares of the semiconductor company’s stock worth $23,218,000 after acquiring an additional 136,259 shares in the last quarter. FMR LLC increased its holdings in shares of 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 valued at $33,656,000 after acquiring an additional 2,458,993 shares during the last quarter. Janus Henderson Group PLC bought a new position in shares of Aehr Test Systems in the 3rd quarter valued at approximately $672,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Aehr Test Systems by 4.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 226,336 shares of the semiconductor company’s stock worth $2,908,000 after purchasing an additional 8,646 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Aehr Test Systems Stock Performance

Shares of NASDAQ:AEHR opened at $11.06 on Thursday. The stock’s 50-day moving average is $13.54 and its 200-day moving average is $13.76. The company has a market cap of $328.59 million, a P/E ratio of 14.75 and a beta of 1.82. Aehr Test Systems has a 52-week low of $9.83 and a 52-week high of $21.44.

Aehr Test Systems (NASDAQ:AEHR) last released its earnings results on Monday, January 13th. The semiconductor company reported ($0.01) earnings per share (EPS) 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, equities analysts predict that Aehr Test Systems will post 0.1 EPS for the current year.

Wall Street Analysts Forecast Growth

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

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.