Federated Hermes Inc. Has $3.09 Million Position in Aehr Test Systems (NASDAQ:AEHR)

Federated Hermes Inc. trimmed its holdings in Aehr Test Systems (NASDAQ:AEHR) by 55.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 185,502 shares of the semiconductor company’s stock after selling 227,759 shares during the quarter. Federated Hermes Inc. owned about 0.62% of Aehr Test Systems worth $3,085,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in AEHR. New Wave Wealth Advisors LLC acquired a new position in Aehr Test Systems during the 4th quarter worth approximately $28,000. Headlands Technologies LLC bought a new stake in shares of Aehr Test Systems during the fourth quarter valued at approximately $103,000. HighTower Advisors LLC acquired a new position in shares of Aehr Test Systems during the third quarter worth approximately $144,000. SG Americas Securities LLC lifted its holdings in shares of 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 in the last quarter. Finally, JPMorgan Chase & Co. grew its position in Aehr Test Systems by 15.4% in the 4th quarter. JPMorgan Chase & Co. now owns 15,591 shares of the semiconductor company’s stock valued at $259,000 after purchasing an additional 2,076 shares during the period. Institutional investors own 69.69% of the company’s stock.

Aehr Test Systems Stock Performance

NASDAQ AEHR opened at $8.52 on Friday. The company has a market capitalization of $253.15 million, a PE ratio of 11.36 and a beta of 2.00. Aehr Test Systems has a 52-week low of $6.27 and a 52-week high of $21.44. The company has a 50-day simple moving average of $9.27 and a 200 day simple moving average of $11.97.

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 analysts’ consensus estimates of $0.01 by ($0.02). Aehr Test Systems had a net margin of 43.41% and a return on equity of 21.09%. As a group, analysts forecast that Aehr Test Systems will post 0.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Aehr Test Systems Company 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.