Aehr Test Systems (NASDAQ:AEHR) Shares Acquired by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC boosted its holdings in Aehr Test Systems (NASDAQ:AEHR) by 85.9% in the first quarter, HoldingsChannel.com reports. The firm owned 54,594 shares of the semiconductor company’s stock after acquiring an additional 25,227 shares during the period. Bouvel Investment Partners LLC’s holdings in Aehr Test Systems were worth $677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. lifted its position in Aehr Test Systems by 183.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 200,553 shares of the semiconductor company’s stock valued at $9,165,000 after purchasing an additional 129,890 shares during the last quarter. UBS Group AG grew its holdings in Aehr Test Systems by 1.4% in the 3rd quarter. UBS Group AG now owns 69,180 shares of the semiconductor company’s stock worth $3,162,000 after buying an additional 924 shares in the last quarter. Deutsche Bank AG increased its position in Aehr Test Systems by 12.9% in the 3rd quarter. Deutsche Bank AG now owns 13,863 shares of the semiconductor company’s stock valued at $634,000 after acquiring an additional 1,588 shares during the period. Rhumbline Advisers raised its stake in Aehr Test Systems by 2.0% during the 3rd quarter. Rhumbline Advisers now owns 37,967 shares of the semiconductor company’s stock valued at $1,735,000 after acquiring an additional 736 shares in the last quarter. Finally, Invesco Ltd. raised its stake in shares of Aehr Test Systems by 379.1% during the third quarter. Invesco Ltd. now owns 596,660 shares of the semiconductor company’s stock valued at $27,267,000 after purchasing an additional 472,113 shares in the last quarter. Institutional investors own 69.69% of the company’s stock.

Aehr Test Systems Stock Performance

Shares of NASDAQ:AEHR traded down $0.04 during mid-day trading on Friday, hitting $11.07. The stock had a trading volume of 139,059 shares, compared to its average volume of 1,278,409. The company’s 50 day moving average is $11.69 and its 200-day moving average is $15.65. Aehr Test Systems has a 12-month low of $9.83 and a 12-month high of $54.10. The company has a market cap of $320.14 million, a PE ratio of 21.37 and a beta of 2.01.

Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings data on Tuesday, April 9th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.01. Aehr Test Systems had a return on equity of 18.70% and a net margin of 21.43%. The firm had revenue of $7.56 million during the quarter, compared to the consensus estimate of $7.60 million. On average, equities research analysts predict that Aehr Test Systems will post 0.4 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Craig Hallum reissued a “hold” rating and set a $12.00 target price on shares of Aehr Test Systems in a research note on Tuesday, March 26th. StockNews.com cut shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Thursday, April 11th. Finally, William Blair reiterated a “market perform” rating on shares of Aehr Test Systems in a research report on Monday, March 25th.

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.