Royce & Associates LP Reduces Holdings in Aehr Test Systems $AEHR

Posted by Brenda Bartman on Jun 1st, 2026

Royce & Associates LP lowered its position in Aehr Test Systems (NASDAQ:AEHR – Free Report) by 24.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,102 shares of the semiconductor company’s stock after selling 13,323 shares during the quarter. Royce & Associates LP’s holdings in Aehr Test Systems were worth $850,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AEHR. Sunbelt Securities Inc. purchased a new stake in shares of Aehr Test Systems during the third quarter worth about $27,000. State of Wyoming acquired a new position in shares of Aehr Test Systems in the second quarter worth about $28,000. Jones Financial Companies Lllp boosted its holdings in Aehr Test Systems by 3,448.3% in the third quarter. Jones Financial Companies Lllp now owns 1,029 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 1,000 shares during the last quarter. RiverPark Advisors LLC purchased a new position in Aehr Test Systems in the third quarter valued at about $42,000. Finally, Russell Investments Group Ltd. grew its stake in Aehr Test Systems by 3,500.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 2,448 shares of the semiconductor company’s stock valued at $74,000 after purchasing an additional 2,380 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on AEHR. Craig Hallum upgraded Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 price objective on the stock in a report on Wednesday, April 8th. Lake Street Capital reissued a “buy” rating on shares of Aehr Test Systems in a research report on Wednesday, April 8th. William Blair upgraded shares of Aehr Test Systems from a “market perform” rating to an “outperform” rating in a research note on Monday, March 2nd. Weiss Ratings raised shares of Aehr Test Systems from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Finally, Wall Street Zen downgraded shares of Aehr Test Systems from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 16th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $68.00.

View Our Latest Report on AEHR

Insiders Place Their Bets

In related news, CEO Gayn Erickson sold 96,036 shares of the business’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $70.58, for a total transaction of $6,778,220.88. Following the completion of the sale, the chief executive officer owned 197,723 shares of the company’s stock, valued at $13,955,289.34. This represents a 32.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Howard T. Slayen sold 25,000 shares of the stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $85.00, for a total transaction of $2,125,000.00. Following the sale, the director owned 178,328 shares in the company, valued at approximately $15,157,880. This trade represents a 12.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 375,005 shares of company stock worth $28,656,178. Corporate insiders own 6.80% of the company’s stock.

Aehr Test Systems Stock Performance

AEHR stock opened at $92.33 on Monday. The stock’s 50 day simple moving average is $75.52 and its 200 day simple moving average is $44.42. Aehr Test Systems has a 12-month low of $9.38 and a 12-month high of $112.00. The firm has a market cap of $2.90 billion, a P/E ratio of -242.97 and a beta of 3.18.

Aehr Test Systems (NASDAQ:AEHR – Get Free Report) last released its quarterly earnings data on Tuesday, April 7th. The semiconductor company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.02. The firm had revenue of $10.31 million during the quarter, compared to the consensus estimate of $10.85 million. Aehr Test Systems had a negative net margin of 25.23% and a negative return on equity of 7.15%. On average, research analysts forecast that Aehr Test Systems will post -0.31 EPS for the current fiscal year.

About Aehr Test Systems

(Free Report)

Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.

The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.