HighTower Advisors LLC significantly increased its stake in Aehr Test Systems (NASDAQ:AEHR) by 485.1% in the third quarter of the previous year, now owning 78,340 shares valued at $2.36 million. Despite some recent insider selling by directors, institutional investors hold a substantial portion of the company’s stock. Aehr Test Systems, a semiconductor company, recently reported an earnings beat but missed revenue estimates, and analysts currently have a “Hold” rating on the stock with an average target price of $21.00.
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Aehr Test Systems $AEHR Shares Purchased by HighTower Advisors LLC
HighTower Advisors LLC significantly increased its stake in Aehr Test Systems (NASDAQ:AEHR) by 485.1% in the third quarter of the previous year, now owning 78,340 shares valued at $2.36 million. Despite some recent insider selling by directors, institutional investors hold a substantial portion of the company’s stock. Aehr Test Systems, a semiconductor company, recently reported an earnings beat but missed revenue estimates, and analysts currently have a “Hold” rating on the stock with an average target price of $21.00.