Inspire Investing LLC Buys 3,127 Shares of Aehr Test Systems (NASDAQ:AEHR)

Inspire Investing LLC increased its stake in shares of Aehr Test Systems (NASDAQ:AEHR) by 10.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 32,095 shares of the semiconductor company’s stock after acquiring an additional 3,127 shares during the period. Inspire Investing LLC owned 0.11% of Aehr Test Systems worth $359,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. nVerses Capital LLC acquired a new stake in Aehr Test Systems in the 2nd quarter worth approximately $25,000. RiverPark Advisors LLC lifted its stake in shares of Aehr Test Systems by 360.8% in the first quarter. RiverPark Advisors LLC now owns 2,069 shares of the semiconductor company’s stock worth $26,000 after buying an additional 1,620 shares during the last quarter. Quest Partners LLC bought a new stake in shares of Aehr Test Systems during the 2nd quarter worth $47,000. B. Riley Wealth Advisors Inc. acquired a new position in Aehr Test Systems in the 1st quarter valued at $109,000. Finally, Versor Investments LP acquired a new position in Aehr Test Systems in the 2nd quarter valued at $117,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Insider Buying and Selling at Aehr Test Systems

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

Aehr Test Systems Price Performance

NASDAQ:AEHR opened at $12.31 on Friday. Aehr Test Systems has a one year low of $9.83 and a one year high of $48.28. The company has a fifty day moving average price of $14.98 and a 200 day moving average price of $13.24. The stock has a market cap of $355.94 million, a P/E ratio of 23.67 and a beta of 2.05.

Aehr Test Systems (NASDAQ:AEHR) last posted its quarterly earnings data on Friday, July 19th. The semiconductor company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.70. Aehr Test Systems had a net margin of 50.07% and a return on equity of 36.41%. The company had revenue of $16.60 million for the quarter. During the same quarter in the previous year, the firm posted $0.21 EPS. As a group, equities research analysts anticipate that Aehr Test Systems will post 0.25 EPS for the current year.

Analyst Ratings Changes

AEHR has been the subject of a number of recent analyst reports. Craig Hallum upgraded shares of Aehr Test Systems from a “hold” rating to a “buy” rating and upped their price target for the company from $12.00 to $25.00 in a report on Wednesday, July 17th. StockNews.com lowered Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Tuesday, August 27th.

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.