Inspire Investing LLC Sells 7,590 Shares of Aehr Test Systems (NASDAQ:AEHR)

Inspire Investing LLC lowered its stake in shares of Aehr Test Systems (NASDAQ:AEHR) by 23.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,158 shares of the semiconductor company’s stock after selling 7,590 shares during the quarter. Inspire Investing LLC’s holdings in Aehr Test Systems were worth $402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Truvestments Capital LLC bought a new stake in shares of Aehr Test Systems in the 3rd quarter valued at about $36,000. Quarry LP purchased a new stake in Aehr Test Systems during the third quarter valued at approximately $41,000. US Bancorp DE acquired a new stake in Aehr Test Systems in the third quarter valued at approximately $77,000. Montanaro Asset Management Ltd purchased a new position in Aehr Test Systems in the third quarter worth $112,000. Finally, SG Americas Securities LLC acquired a new position in shares of Aehr Test Systems during the third quarter worth $130,000. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Aehr Test Systems Stock Down 0.6 %

AEHR opened at $12.41 on Friday. The company has a market cap of $368.70 million, a P/E ratio of 16.55 and a beta of 1.86. The firm’s 50-day moving average price is $13.61 and its 200-day moving average price is $14.09. Aehr Test Systems has a 52-week low of $9.83 and a 52-week high of $21.44.

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

Analyst Ratings Changes

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

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.