Aehr Test Systems (NASDAQ:AEHR) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its holdings in shares of Aehr Test Systems (NASDAQ:AEHR) by 89.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,709 shares of the semiconductor company’s stock after acquiring an additional 11,172 shares during the period. BNP Paribas Financial Markets owned 0.08% of Aehr Test Systems worth $305,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. FMR LLC raised its position 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 worth $33,656,000 after acquiring an additional 2,458,993 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of Aehr Test Systems during the 3rd quarter worth about $36,000. Charles Schwab Investment Management Inc. raised its position in shares of Aehr Test Systems by 4.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 226,336 shares of the semiconductor company’s stock worth $2,908,000 after acquiring an additional 8,646 shares in the last quarter. Quest Partners LLC raised its position in shares of Aehr Test Systems by 203.0% during the 3rd quarter. Quest Partners LLC now owns 12,815 shares of the semiconductor company’s stock worth $165,000 after acquiring an additional 8,585 shares in the last quarter. Finally, Bouvel Investment Partners LLC increased its position in Aehr Test Systems by 3.5% during the third quarter. Bouvel Investment Partners LLC now owns 58,233 shares of the semiconductor company’s stock worth $748,000 after buying an additional 1,981 shares during the period. Institutional investors and hedge funds own 69.69% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Aehr Test Systems from a “hold” rating to a “sell” rating in a research report on Saturday, October 5th.

Aehr Test Systems Stock Down 0.4 %

AEHR opened at $11.53 on Monday. The firm has a market cap of $341.63 million, a price-to-earnings ratio of 11.77 and a beta of 1.94. Aehr Test Systems has a 52 week low of $9.83 and a 52 week high of $30.50. The business’s 50 day moving average is $13.00 and its two-hundred day moving average is $13.47.

Aehr Test Systems (NASDAQ:AEHR) last released its quarterly earnings results on Thursday, October 10th. The semiconductor company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.05. The company had revenue of $13.12 million for the quarter, compared to analyst estimates of $11.90 million. Aehr Test Systems had a return on equity of 29.31% and a net margin of 49.63%. Equities analysts expect that Aehr Test Systems will post 0.22 EPS for the current fiscal 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.