Aehr Test Systems (NASDAQ:AEHR) Stake Trimmed by AWM Investment Company Inc.

AWM Investment Company Inc. cut its position in shares of Aehr Test Systems (NASDAQ:AEHR) by 3.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,239,199 shares of the semiconductor company’s stock after selling 47,656 shares during the quarter. Aehr Test Systems accounts for 2.5% of AWM Investment Company Inc.’s portfolio, making the stock its 9th largest position. AWM Investment Company Inc.’s holdings in Aehr Test Systems were worth $20,608,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. New Wave Wealth Advisors LLC acquired a new stake in shares of Aehr Test Systems during the fourth quarter valued at approximately $28,000. State of Wyoming purchased a new position in Aehr Test Systems during the 4th quarter worth approximately $67,000. Headlands Technologies LLC acquired a new stake in Aehr Test Systems during the 4th quarter valued at $103,000. Mariner LLC acquired a new stake in Aehr Test Systems during the 4th quarter valued at $180,000. Finally, Bayesian Capital Management LP purchased a new stake in Aehr Test Systems in the 4th quarter worth about $185,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

Aehr Test Systems Stock Down 1.1%

Shares of NASDAQ:AEHR opened at $8.94 on Wednesday. The firm has a fifty day moving average of $8.45 and a two-hundred day moving average of $10.92. Aehr Test Systems has a 12-month low of $6.27 and a 12-month high of $21.44. The firm has a market capitalization of $266.15 million, a P/E ratio of 11.92 and a beta of 2.21.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Aehr Test Systems to a “sell” rating in a report on Tuesday, May 13th.

Insider Transactions at Aehr Test Systems

In related news, EVP Alberto Salamone sold 4,995 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $9.08, for a total value of $45,354.60. Following the completion of the sale, the executive vice president now owns 56,241 shares of the company’s stock, valued at approximately $510,668.28. The trade was a 8.16% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 6.20% of the stock is currently owned by company insiders.

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.