Riverwater Partners LLC Has $220,000 Stock Holdings in Aehr Test Systems (NASDAQ:AEHR)

Riverwater Partners LLC trimmed its holdings in Aehr Test Systems (NASDAQ:AEHR) by 24.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,241 shares of the semiconductor company’s stock after selling 4,394 shares during the period. Riverwater Partners LLC’s holdings in Aehr Test Systems were worth $220,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. New Wave Wealth Advisors LLC bought a new stake in Aehr Test Systems in the fourth quarter worth $28,000. HighTower Advisors LLC boosted its stake in shares of Aehr Test Systems by 18.1% during the 4th quarter. HighTower Advisors LLC now owns 13,256 shares of the semiconductor company’s stock worth $220,000 after acquiring an additional 2,032 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Aehr Test Systems by 15.4% during the 4th quarter. JPMorgan Chase & Co. now owns 15,591 shares of the semiconductor company’s stock valued at $259,000 after acquiring an additional 2,076 shares during the last quarter. Quarry LP bought a new position in shares of Aehr Test Systems in the 3rd quarter valued at approximately $41,000. Finally, SG Americas Securities LLC lifted its holdings in Aehr Test Systems by 43.7% in the 4th 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 last quarter. Institutional investors own 69.69% of the company’s stock.

Aehr Test Systems Stock Performance

Aehr Test Systems stock opened at $7.26 on Friday. Aehr Test Systems has a 52 week low of $6.27 and a 52 week high of $21.44. The firm has a market capitalization of $215.71 million, a PE ratio of 9.68 and a beta of 1.92. The business’s 50-day simple moving average is $9.74 and its 200-day simple moving average is $12.19.

Aehr Test Systems (NASDAQ:AEHR) last issued its quarterly earnings results on Monday, January 13th. The semiconductor company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.02). Aehr Test Systems had a return on equity of 21.09% and a net margin of 43.41%. Research analysts forecast that Aehr Test Systems will post 0.1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.