Headlands Technologies LLC Buys New Holdings in Aehr Test Systems (NASDAQ:AEHR)

Headlands Technologies LLC purchased a new position in Aehr Test Systems (NASDAQ:AEHR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,164 shares of the semiconductor company’s stock, valued at approximately $103,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AEHR. New Wave Wealth Advisors LLC purchased a new position in shares of Aehr Test Systems in the fourth quarter worth $28,000. Quarry LP purchased a new position in shares of Aehr Test Systems in the third quarter valued at about $41,000. HighTower Advisors LLC bought a new position in shares of Aehr Test Systems during the third quarter valued at about $144,000. SG Americas Securities LLC boosted its holdings in shares of Aehr Test Systems by 43.7% during the fourth quarter. SG Americas Securities LLC now owns 14,519 shares of the semiconductor company’s stock worth $241,000 after purchasing an additional 4,412 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Aehr Test Systems by 15.4% in the fourth quarter. JPMorgan Chase & Co. now owns 15,591 shares of the semiconductor company’s stock worth $259,000 after purchasing an additional 2,076 shares during the last quarter. Institutional investors own 69.69% of the company’s stock.

Wall Street Analyst Weigh In

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

Aehr Test Systems Stock Up 6.1 %

NASDAQ:AEHR opened at $7.26 on Monday. The firm’s fifty day simple moving average is $9.74 and its 200 day simple moving average is $12.19. The stock has a market cap of $215.71 million, a P/E ratio of 9.68 and a beta of 1.92. Aehr Test Systems has a twelve month low of $6.27 and a twelve month high of $21.44.

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

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.