Aehr Test Systems (NASDAQ:AEHR) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund decreased its position in Aehr Test Systems (NASDAQ:AEHR) by 83.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,733 shares of the semiconductor company’s stock after selling 8,700 shares during the period. New York State Common Retirement Fund’s holdings in Aehr Test Systems were worth $29,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. New Wave Wealth Advisors LLC acquired a new stake in Aehr Test Systems in the 4th quarter worth about $28,000. Truvestments Capital LLC purchased a new stake in Aehr Test Systems during the 3rd quarter worth approximately $36,000. Quarry LP purchased a new stake in Aehr Test Systems during the 3rd quarter worth approximately $41,000. US Bancorp DE acquired a new position in shares of Aehr Test Systems in the 3rd quarter worth approximately $77,000. Finally, Montanaro Asset Management Ltd acquired a new position in shares of Aehr Test Systems in the 3rd quarter worth approximately $112,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Aehr Test Systems Stock Performance

Shares of NASDAQ:AEHR opened at $8.83 on Friday. Aehr Test Systems has a one year low of $8.57 and a one year high of $21.44. The stock has a fifty day moving average of $12.42 and a 200-day moving average of $12.98. The company has a market capitalization of $262.36 million, a PE ratio of 11.77 and a beta of 1.81.

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

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.