Bank of New York Mellon Corp Grows Stock Holdings in Aehr Test Systems (NASDAQ:AEHR)

Bank of New York Mellon Corp boosted its position in Aehr Test Systems (NASDAQ:AEHR) by 9.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 89,631 shares of the semiconductor company’s stock after acquiring an additional 7,680 shares during the period. Bank of New York Mellon Corp owned about 0.30% of Aehr Test Systems worth $1,491,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AEHR. FMR LLC boosted its holdings in shares of Aehr Test Systems by 1,535.8% in the 3rd quarter. FMR LLC now owns 2,619,108 shares of the semiconductor company’s stock valued at $33,656,000 after purchasing an additional 2,458,993 shares during the last quarter. Rice Hall James & Associates LLC boosted its holdings in shares of 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 valued at $10,550,000 after purchasing an additional 235,625 shares during the last quarter. Baillie Gifford & Co. boosted its holdings in shares of Aehr Test Systems by 12.0% in the 4th 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. Pier Capital LLC boosted its holdings in shares of Aehr Test Systems by 33.4% in the 3rd quarter. Pier Capital LLC now owns 412,077 shares of the semiconductor company’s stock valued at $5,295,000 after purchasing an additional 103,144 shares during the last quarter. Finally, Annex Advisory Services LLC acquired a new position in shares of Aehr Test Systems in the 4th quarter valued at $1,303,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

Aehr Test Systems Stock Down 0.7 %

Shares of AEHR opened at $8.90 on Friday. The firm has a market cap of $264.44 million, a PE ratio of 11.87 and a beta of 1.92. The company’s fifty day moving average is $10.69 and its two-hundred day moving average is $12.54. Aehr Test Systems has a fifty-two week low of $7.92 and a fifty-two week high of $21.44.

Aehr Test Systems (NASDAQ:AEHR) last posted its earnings results 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 net margin of 43.41% and a return on equity of 21.09%. As a group, equities research analysts anticipate that Aehr Test Systems will post 0.1 earnings per share for the current year.

Analysts Set New Price Targets

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

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.