Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in Aehr Test Systems $AEHR

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Aehr Test Systems (NASDAQ:AEHR) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 20,000 shares of the semiconductor company’s stock, valued at approximately $407,000.

Several other institutional investors and hedge funds have also modified their holdings of AEHR. William Blair Investment Management LLC acquired a new position in shares of Aehr Test Systems in the third quarter worth $26,920,000. Invesco Ltd. grew its stake in Aehr Test Systems by 1,137.2% in the third quarter. Invesco Ltd. now owns 366,570 shares of the semiconductor company’s stock valued at $11,037,000 after purchasing an additional 336,940 shares in the last quarter. Two Sigma Investments LP purchased a new position in Aehr Test Systems in the third quarter valued at about $3,171,000. Wellington Management Group LLP increased its position in Aehr Test Systems by 33.4% in the 3rd quarter. Wellington Management Group LLP now owns 361,264 shares of the semiconductor company’s stock worth $10,878,000 after purchasing an additional 90,413 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in Aehr Test Systems in the 3rd quarter worth about $2,170,000. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AEHR has been the subject of several research reports. Craig Hallum upgraded Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a report on Wednesday, April 8th. William Blair upgraded Aehr Test Systems from a “market perform” rating to an “outperform” rating in a report on Monday, March 2nd. Lake Street Capital reaffirmed a “buy” rating on shares of Aehr Test Systems in a research report on Wednesday, April 8th. Wall Street Zen upgraded shares of Aehr Test Systems from a “strong sell” rating to a “sell” rating in a research note on Saturday, April 11th. Finally, Weiss Ratings raised shares of Aehr Test Systems from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $68.00.

Insider Transactions at Aehr Test Systems

In other Aehr Test Systems news, EVP Alberto Salamone sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $89.57, for a total transaction of $1,343,550.00. Following the completion of the sale, the executive vice president owned 63,025 shares of the company’s stock, valued at $5,645,149.25. This represents a 19.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Laura Oliphant sold 4,665 shares of the stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $85.59, for a total value of $399,277.35. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 382,184 shares of company stock worth $28,362,244. 6.80% of the stock is currently owned by company insiders.

Aehr Test Systems Price Performance

NASDAQ AEHR opened at $91.19 on Wednesday. Aehr Test Systems has a fifty-two week low of $8.02 and a fifty-two week high of $102.48. The stock’s 50-day moving average is $55.04 and its two-hundred day moving average is $35.46. The firm has a market cap of $2.87 billion, a P/E ratio of -239.97 and a beta of 3.26.

Aehr Test Systems (NASDAQ:AEHR) last released its quarterly earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.02. The company had revenue of $10.31 million during the quarter, compared to the consensus estimate of $10.85 million. Aehr Test Systems had a negative return on equity of 7.15% and a negative net margin of 25.23%. On average, equities analysts expect that Aehr Test Systems will post -0.31 EPS for the current year.

About Aehr Test Systems

Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.

The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.