SG Americas Securities LLC Buys New Shares in Aehr Test Systems (NASDAQ:AEHR)

SG Americas Securities LLC purchased a new stake in Aehr Test Systems (NASDAQ:AEHR) in the third quarter, HoldingsChannel reports. The fund purchased 10,107 shares of the semiconductor company’s stock, valued at approximately $130,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Baillie Gifford & Co. raised its position in shares of Aehr Test Systems by 25.1% during the first quarter. Baillie Gifford & Co. now owns 828,626 shares of the semiconductor company’s stock valued at $10,275,000 after buying an additional 166,319 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Aehr Test Systems by 33.2% during the first quarter. BNP Paribas Financial Markets now owns 24,683 shares of the semiconductor company’s stock valued at $306,000 after acquiring an additional 6,150 shares during the period. RiverPark Advisors LLC increased its stake in Aehr Test Systems by 360.8% during the first quarter. RiverPark Advisors LLC now owns 2,069 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 1,620 shares during the period. GSA Capital Partners LLP raised its holdings in Aehr Test Systems by 348.0% in the 1st quarter. GSA Capital Partners LLP now owns 169,136 shares of the semiconductor company’s stock valued at $2,097,000 after acquiring an additional 131,384 shares in the last quarter. Finally, Inspire Investing LLC lifted its position in shares of Aehr Test Systems by 98.2% in the 1st quarter. Inspire Investing LLC now owns 28,968 shares of the semiconductor company’s stock worth $359,000 after acquiring an additional 14,355 shares during the period. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Howard T. Slayen bought 20,000 shares of the business’s stock in a transaction that occurred on Friday, August 2nd. The stock was acquired at an average price of $15.50 per share, for a total transaction of $310,000.00. Following the transaction, the director now directly owns 220,714 shares of the company’s stock, valued at $3,421,067. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, Director Howard T. Slayen purchased 20,000 shares of the stock in a transaction on Friday, August 2nd. The shares were purchased at an average cost 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 position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Fariba Danesh sold 10,000 shares of the stock in a transaction 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 transaction, 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 disclosure for this sale can be found here. Corporate insiders own 11.30% of the company’s stock.

Wall Street Analyst Weigh In

AEHR has been the topic of a number of research reports. Craig Hallum upgraded Aehr Test Systems from a “hold” rating to a “buy” rating and boosted their price objective for the company from $12.00 to $25.00 in a research report on Wednesday, July 17th. StockNews.com lowered shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Saturday, October 5th.

Aehr Test Systems Stock Up 8.9 %

NASDAQ:AEHR opened at $16.96 on Friday. The firm has a market capitalization of $490.40 million, a PE ratio of 32.62 and a beta of 2.03. Aehr Test Systems has a 12-month low of $9.83 and a 12-month high of $32.39. The firm has a 50-day moving average price of $13.79 and a 200 day moving average price of $13.27.

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.