Janus Henderson Group PLC Buys Shares of 52,308 Aehr Test Systems (NASDAQ:AEHR)

Janus Henderson Group PLC purchased a new position in Aehr Test Systems (NASDAQ:AEHR) during the third quarter, HoldingsChannel.com reports. The fund purchased 52,308 shares of the semiconductor company’s stock, valued at approximately $672,000.

A number of other large investors also recently modified their holdings of the company. nVerses Capital LLC bought a new stake in Aehr Test Systems during the 2nd quarter worth approximately $25,000. Truvestments Capital LLC purchased a new position in shares of Aehr Test Systems during the 3rd quarter valued at $36,000. Quest Partners LLC bought a new position in shares of Aehr Test Systems in the second quarter worth $47,000. US Bancorp DE bought a new position in shares of Aehr Test Systems in the third quarter worth $77,000. Finally, Montanaro Asset Management Ltd purchased a new stake in shares of Aehr Test Systems in the third quarter worth $112,000. 69.69% of the stock is currently owned by institutional investors.

Aehr Test Systems Stock Down 0.4 %

AEHR opened at $11.53 on Friday. The business’s fifty day simple moving average is $13.00 and its 200 day simple moving average is $13.45. Aehr Test Systems has a 52 week low of $9.83 and a 52 week high of $30.50. The stock has a market cap of $341.63 million, a PE ratio of 11.77 and a beta of 1.94.

Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings data on Thursday, October 10th. The semiconductor company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.05. Aehr Test Systems had a return on equity of 29.31% and a net margin of 49.63%. The firm had revenue of $13.12 million for the quarter, compared to analyst estimates of $11.90 million. As a group, equities analysts anticipate that Aehr Test Systems will post 0.22 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com lowered Aehr Test Systems from a “hold” rating to a “sell” rating in a research note on Saturday, October 5th.

About Aehr Test Systems

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.