Net Worth Advisory Group Acquires New Shares in Aehr Test Systems (NASDAQ:AEHR)

Net Worth Advisory Group bought a new position in Aehr Test Systems (NASDAQ:AEHR) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 13,717 shares of the semiconductor company’s stock, valued at approximately $176,000.

Other hedge funds have also added to or reduced their stakes in the company. Bouvel Investment Partners LLC lifted its holdings in shares of Aehr Test Systems by 85.9% in the first quarter. Bouvel Investment Partners LLC now owns 54,594 shares of the semiconductor company’s stock worth $677,000 after buying an additional 25,227 shares in the last quarter. Baillie Gifford & Co. boosted its holdings in Aehr Test Systems by 25.1% in the 1st quarter. Baillie Gifford & Co. now owns 828,626 shares of the semiconductor company’s stock valued at $10,275,000 after purchasing an additional 166,319 shares during the period. BNP Paribas Financial Markets boosted its holdings in Aehr Test Systems by 33.2% in the 1st quarter. BNP Paribas Financial Markets now owns 24,683 shares of the semiconductor company’s stock valued at $306,000 after purchasing an additional 6,150 shares during the period. RiverPark Advisors LLC grew its position in shares of Aehr Test Systems by 360.8% during the 1st quarter. RiverPark Advisors LLC now owns 2,069 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 1,620 shares in the last quarter. Finally, GSA Capital Partners LLP increased its holdings in shares of Aehr Test Systems by 348.0% in the first quarter. GSA Capital Partners LLP now owns 169,136 shares of the semiconductor company’s stock worth $2,097,000 after purchasing an additional 131,384 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Insider Buying and Selling

In other news, Director Howard T. Slayen purchased 20,000 shares of the stock in a transaction on Friday, August 2nd. The shares were acquired at an average price of $15.50 per share, for a total transaction of $310,000.00. Following the completion of the transaction, the director now directly owns 220,714 shares of the company’s stock, valued at approximately $3,421,067. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. In other Aehr Test Systems news, Director Fariba Danesh sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $18.59, for a total value of $185,900.00. Following the completion of the sale, the director now owns 16,390 shares of the company’s stock, valued at $304,690.10. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Howard T. Slayen purchased 20,000 shares of Aehr Test Systems stock in a transaction on Friday, August 2nd. The shares were acquired at an average price of $15.50 per share, for a total transaction of $310,000.00. Following the completion of the transaction, the director now directly owns 220,714 shares of the company’s stock, valued at approximately $3,421,067. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 11.30% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on AEHR shares. Craig Hallum raised Aehr Test Systems from a “hold” rating to a “buy” rating and lifted their price objective for the company from $12.00 to $25.00 in a research note on Wednesday, July 17th. StockNews.com cut Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Saturday, October 5th.

Aehr Test Systems Price Performance

Shares of NASDAQ:AEHR opened at $15.73 on Tuesday. The company’s fifty day moving average price is $13.64 and its 200-day moving average price is $13.17. The firm has a market capitalization of $454.83 million, a price-to-earnings ratio of 30.25 and a beta of 2.03. Aehr Test Systems has a one year low of $9.83 and a one year high of $33.20.

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.