DekaBank Deutsche Girozentrale Invests $73,000 in Aehr Test Systems (NASDAQ:AEHR)

DekaBank Deutsche Girozentrale bought a new position in Aehr Test Systems (NASDAQ:AEHR) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,631 shares of the semiconductor company’s stock, valued at approximately $73,000.

Other institutional investors have also made changes to their positions in the company. IFP Advisors Inc increased its position in shares of Aehr Test Systems by 141.3% in the third quarter. IFP Advisors Inc now owns 823 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 482 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Aehr Test Systems by 93.0% during the second quarter. PNC Financial Services Group Inc. now owns 1,158 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 558 shares during the period. Deutsche Bank AG acquired a new stake in shares of Aehr Test Systems during the first quarter worth approximately $40,000. Russell Investments Group Ltd. acquired a new stake in shares of Aehr Test Systems during the second quarter worth approximately $53,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Aehr Test Systems during the third quarter worth approximately $67,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

Aehr Test Systems Stock Down 3.8 %

NASDAQ AEHR opened at $11.15 on Thursday. The stock has a market capitalization of $322.46 million, a PE ratio of 21.44 and a beta of 1.97. The company has a 50 day moving average price of $14.68 and a two-hundred day moving average price of $21.91. Aehr Test Systems has a 12-month low of $10.53 and a 12-month high of $54.10.

Analysts Set New Price Targets

Several research firms recently commented on AEHR. StockNews.com cut shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Thursday, April 11th. William Blair restated a “market perform” rating on shares of Aehr Test Systems in a report on Monday, March 25th. Finally, Craig Hallum restated a “hold” rating and set a $12.00 price target on shares of Aehr Test Systems in a report on Tuesday, March 26th.

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.