AEHR TEST SYS AEHR
COM · Common Stock · CUSIP 00760J108 · ISIN US00760J1088
Semiconductor manufacturing support company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.9m this quarter). Holder counts are more reliable. Shares outstanding: 28.3m as of 2023-03-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $31.01. Options: 16 managers hold calls ($58.4m notional), 14 hold puts ($39.1m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 85 |
| Q4 2022 | 129 |
| Q1 2023 | 145 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 77 | 38 |
| Q1 2023 | 85 | 69 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $8.5m | $9.2m | 1.09 |
| Q4 2022 | $47.4m | $21.0m | 0.44 |
| Q1 2023 | $58.4m | $39.1m | 0.67 |
Biggest buyers
| AMERIPRISE FINANCIAL INC | New | +1.4m |
| GOLDMAN SACHS GROUP INC | Added | +671.8k |
| LORD, ABBETT & CO. LLC | New | +657.9k |
| FMR LLC | Added | +603.2k |
| DIMENSIONAL FUND ADVISORS LP | Added | +315.0k |
| NEXT CENTURY GROWTH INVESTORS LLC | New | +288.6k |
| D. E. Shaw & Co., Inc. | New | +280.6k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +258.5k |
| AGF MANAGEMENT LTD | New | +215.2k |
| Hood River Capital Management LLC | Added | +187.3k |
Biggest sellers
| Point72 Asset Management, L.P. | Reduced | -424.2k |
| AWM Investment Company, Inc. | Reduced | -319.6k |
| Sculptor Capital LP | Sold out | -263.8k |
| ARDSLEY ADVISORY PARTNERS LP | Reduced | -216.0k |
| NAVELLIER & ASSOCIATES INC | Sold out | -140.5k |
| ROYCE & ASSOCIATES LP | Reduced | -134.1k |
| FULLER & THALER ASSET MANAGEMENT, INC. | Sold out | -131.7k |
| Cubist Systematic Strategies, LLC | Reduced | -114.7k |
| BARCLAYS PLC | Reduced | -97.9k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | Reduced | -94.1k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $17.3m558.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $9.6m309.3k shares |
| JANE STREET GROUP, LLC | Added | $8.5m273.3k shares |
| PEAK6 Investments LLC | Added | $4.0m130.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.9m127.0k shares |
| Caption Management, LLC | Reduced | $3.9m125.0k shares |
| Cubist Systematic Strategies, LLC | Added | $3.3m107.1k shares |
| Triatomic Management LP | New | $2.2m70.0k shares |
| GROUP ONE TRADING LLC | Reduced | $2.0m63.2k shares |
| Walleye Trading LLC | New | $1.5m49.1k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $15.7m505.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $8.4m269.7k shares |
| Caption Management, LLC | Added | $3.9m125.0k shares |
| Cubist Systematic Strategies, LLC | Added | $3.5m111.5k shares |
| JANE STREET GROUP, LLC | Added | $2.8m90.5k shares |
| PEAK6 Investments LLC | Added | $2.1m67.6k shares |
| SIMPLEX TRADING, LLC | Added | $1.6m52.8k shares |
| GROUP ONE TRADING LLC | Added | $434.3k14.0k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $313.3k10.1k shares |
| Walleye Trading LLC | New | $217.1k7.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| JANE STREET GROUP, LLC 13G · passive investor new · filed 2026-07-29 | 5.1% |
Fell to 5% or below in the last year: AWM Investment Company, Inc. (1.1%, 2026-08-14), FMR LLC (3.2%, 2026-08-06), VANGUARD GROUP INC (0.0%, 2026-03-26), BAILLIE GIFFORD & CO (4.3%, 2026-02-09)
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 8 | $14.1m | — |
| Q1 2022 | 0 | — | 2 | $220.3k | — |
| Q2 2022 | 0 | — | 1 | $47.1k | — |
| Q3 2022 | 0 | — | 2 | $1.0m | — |
| Q4 2022 | 0 | — | 9 | $5.9m | — |
| Q1 2023 | 0 | — | 11 | $25.4m | $2.0m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-03-23 | Erickson Gayn President and CEO, director | Sold plan | $2.0m50.0k shares |
| 2023-03-01 | SPINK KENNETH B. VP of Finance and CFO · by Trust | Sold | $880.5k25.0k shares |
| 2023-02-07 | ROSATI MARIO M Director · By Trust | Sold | $3.6m98.1k shares |
| 2023-02-06 | RICHMOND DONALD P. II VP of Engineering | Sold | $1.1m30.0k shares |
| 2023-02-06 | ROSATI MARIO M Director · By Trust | Sold | $1.0m27.9k shares |
| 2023-02-03 | ROSATI MARIO M Director · By Trust | Sold | $901.1k25.0k shares |
| 2023-02-02 | ROSATI MARIO M Director | Sold | $1.7m47.9k shares |
| 2023-02-02 | ROSATI MARIO M Director | Sold | $90.7k2.5k shares |
| 2023-01-31 | ROSATI MARIO M Director | Sold | $2.2m64.1k shares |
| 2023-01-31 | ROSATI MARIO M Director | Sold | $937.4k27.0k shares |
| 2023-01-31 | OLIPHANT LAURA Director · by Trust | Sold | $17.1k504 shares |
| 2023-01-30 | SCOTT GEOFFREY GATES Director | Sold | $847.2k25.0k shares |
| 2023-01-27 | ROGERS VERNON Exec. VP Sales and Marketing | Sold | $1.3m37.5k shares |
| 2023-01-24 | Erickson Gayn President and CEO, director | Sold | $1.8m50.5k shares |
| 2023-01-23 | POSEDEL RHEA J Director · by Trust | Sold | $1.4m40.0k shares |
| 2023-01-23 | SPORCK ALISTAIR N VP, CONTACTOR BUSINESS UNIT | Sold | $16.2k470 shares |
| 2023-01-20 | POSEDEL RHEA J Director · by Trust | Sold | $1.3m40.0k shares |
| 2023-01-17 | SPORCK ALISTAIR N VP, CONTACTOR BUSINESS UNIT | Sold | $14.4k499 shares |
| 2023-01-13 | Erickson Gayn President and CEO, director | Sold | $1.5m50.0k shares |
| 2023-01-13 | POSEDEL RHEA J Director · by Trust | Sold | $586.0k19.6k shares |
| 2023-01-13 | ROSATI MARIO M Director · By Trust | Sold | $495.2k17.3k shares |
| 2023-01-13 | DANESH FARIBA Director | Sold | $69.9k2.3k shares |
| 2023-01-11 | ROSATI MARIO M Director | Sold | $1.2m41.8k shares |
| 2023-01-11 | HENDRICKSON DAVID S CTO | Sold | $150.8k5.3k shares |
| 2023-01-11 | POSEDEL RHEA J Director · by Trust | Sold | $12.0k400 shares |
| 2023-01-10 | SCOTT GEOFFREY GATES Director | Sold | $409.4k15.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 2.0m $60.5m | Added +671.8k |
| FMR LLC 0.00% of their portfolio | 1.9m $58.7m | Added +603.2k |
| Hood River Capital Management LLC 1.55% of their portfolio | 1.5m $47.9m | Added +187.3k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.4m $42.6m | New |
| AWM Investment Company, Inc. 5.58% of their portfolio | 1.3m $41.2m | Reduced -319.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.2m $36.7m | Added +46.4k |
| Driehaus Capital Management LLC 0.45% of their portfolio | 1.0m $32.1m | Added +142.2k |
| OBERWEIS ASSET MANAGEMENT INC/ 3.36% of their portfolio | 699.1k $21.7m | Added +91.5k |
| LORD, ABBETT & CO. LLC 0.04% of their portfolio | 657.9k $20.4m | New |
| BlackRock Inc. 0.00% of their portfolio | 518.0k $16.1m | Added +16.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 483.0k $15.0m | Added +117.3k |
| MORGAN STANLEY 0.00% of their portfolio | 385.9k $12.0m | Added +41.4k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 328.2k $10.2m | Added +315.0k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 297.4k $9.2m | Reduced -424.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 294.5k $9.1m | Added +258.5k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.99% of their portfolio | 288.6k $9.0m | New |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 280.6k $8.7m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 253.6k $7.9m | Added +9.9k |
| GROUP ONE TRADING LLC 0.37% of their portfolio | 247.5k $7.7m | Added +178.1k |
| ROYCE & ASSOCIATES LP 0.07% of their portfolio | 240.3k $7.5m | Reduced -134.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 236.6k $7.3m | Added +173.4k |
| D L CARLSON INVESTMENT GROUP INC 1.59% of their portfolio | 226.5k $7.0m | Reduced -91.8k |
| AGF MANAGEMENT LTD 0.05% of their portfolio | 215.2k $6.7m | New |
| Lisanti Capital Growth, LLC 0.91% of their portfolio | 211.2k $6.6m | Added +72.0k |
| ARDSLEY ADVISORY PARTNERS LP 1.26% of their portfolio | 185.0k $5.7m | Reduced -216.0k |
| STATE STREET CORP 0.00% of their portfolio | 164.3k $5.1m | Added +8.0k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 0.61% of their portfolio | 146.4k $4.5m | New |
| Nishkama Capital, LLC 1.06% of their portfolio | 142.7k $4.4m | New |
| Alta Park Capital, LP 0.45% of their portfolio | 140.3k $4.4m | New |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.03% of their portfolio | 125.8k $3.9m | Reduced -94.1k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 125.7k $3.9m | Added +112.8k |
| HRT FINANCIAL LP 0.04% of their portfolio | 110.5k $3.4m | New |
| Invesco Ltd. 0.00% of their portfolio | 110.3k $3.4m | Reduced -28.2k |
| LPL Financial LLC 0.00% of their portfolio | 107.6k $3.3m | Added +24.4k |
| Pier Capital, LLC 0.50% of their portfolio | 107.3k $3.3m | Reduced -31.6k |
| Squarepoint Ops LLC 0.02% of their portfolio | 97.8k $3.0m | New |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.42% of their portfolio | 93.8k $2.9m | Reduced -54.5k |
| Clear Sky Carbon Solutions Investment Management, LLC 0.74% of their portfolio | 93.6k $2.9m | Added +4.6k |
| Informed Momentum Co LLC 0.56% of their portfolio | 92.2k $2.9m | Reduced -72.9k |
| Jetstream Capital LLC 6.83% of their portfolio | 92.0k $2.9m | Reduced -18.0k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 87.6k $2.7m | Added +55.1k |
| Point72 Hong Kong Ltd 0.65% of their portfolio | 85.5k $2.7m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 84.5k $2.6m | Reduced -5.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 81.6k $2.5m | Added +1.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 81.4k $2.5m | Reduced -8.3k |
| AXIOM INVESTORS LLC /DE 0.04% of their portfolio | 74.2k $2.3m | New |
| PFS INVESTMENTS INC. 0.03% of their portfolio | 65.9k $1.8m | New |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 60.8k $1.9m | Reduced -26.8k |
| Roubaix Capital, LLC 1.37% of their portfolio | 58.0k $1.8m | Reduced -28.0k |
| Swiss National Bank 0.00% of their portfolio | 56.4k $1.7m | Reduced -6.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 53.9k $1.7m | Reduced -2.3k |
| UBS Group AG 0.00% of their portfolio | 53.4k $1.7m | Added +21.5k |
| HERITAGE INVESTORS MANAGEMENT CORP 0.07% of their portfolio | 52.2k $1.6m | Reduced -4.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 45.0k $1.4m | Added +44.9k |
| THOMPSON DAVIS & CO., INC. 1.77% of their portfolio | 43.6k $1.4m | Added +13.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 42.3k $1.3m | New |
| THOMPSON SIEGEL & WALMSLEY LLC 0.02% of their portfolio | 37.3k $1.2m | Reduced -1.1k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio | 33.4k $1.0m | Reduced -6.7k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 33.2k $1.0m | Reduced -9.4k |
| Legato Capital Management LLC 0.17% of their portfolio | 29.7k $920.5k | Reduced -25.3k |
| ADVISORY RESEARCH INC 0.15% of their portfolio | 28.9k $895.9k | Added +7.0k |
| MIRABELLA FINANCIAL SERVICES LLP 0.15% of their portfolio | 28.0k $868.9k | New |
| Ausbil Investment Management Ltd 0.59% of their portfolio | 27.0k $837.9k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 27.0k $834.0k | Added +3.3k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 24.8k $769.7k | Added +8.2k |
| CHARTWELL INVESTMENT PARTNERS, LLC 0.03% of their portfolio | 24.3k $752.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 23.7k $735.2k | Added +23.0k |
| BARCLAYS PLC 0.00% of their portfolio | 23.7k $735.0k | Reduced -97.9k |
| Verition Fund Management LLC 0.01% of their portfolio | 23.2k $718.8k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 22.9k $711.8k | Added +249 |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 21.7k $674.3k | Added +8 |
| Triatomic Management LP 2.12% of their portfolio | 20.9k $647.9k | Reduced -3.6k |
| GREENWOOD CAPITAL ASSOCIATES LLC 0.09% of their portfolio | 20.7k $640.9k | Reduced -11.0k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.15% of their portfolio | 20.2k $628.0k | New |
| Resolute Capital Asset Partners LLC 0.45% of their portfolio | 20.0k $620.0k | New |
| Artemis Investment Management LLP 0.01% of their portfolio | 19.4k $602.0k | Reduced -6.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 19.2k $594.6k | Reduced -4.6k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 18.3k $566.7k | Reduced -14.6k |
| Dakota Wealth Management 0.04% of their portfolio | 17.8k $550.8k | Added +6.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 16.9k $523.0k | Added +2.2k |
| Concentrum Wealth Management 0.35% of their portfolio | 15.2k $471.4k | Reduced -5.8k |
| LMR Partners LLP 0.01% of their portfolio | 15.1k $469.0k | Added +3.8k |
| TOWNSQUARE CAPITAL LLC 0.01% of their portfolio | 13.9k $429.9k | Reduced -1.6k |
| Cutler Group LLC / CA 0.07% of their portfolio | 13.8k $426.0k | Added +13.1k |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 13.2k $409.5k | Added +2.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 12.8k $397.5k | New |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 12.7k $394.0k | Unchanged |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 11.8k $367.0k | New |
| Jefferies Financial Group Inc. 0.01% of their portfolio | 11.3k $351.3k | Added +2.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 11.1k $344.8k | Added +1.1k |
| Legal & General Group Plc 0.00% of their portfolio | 10.9k $338.8k | Added +4.0k |
| ALPS ADVISORS INC 0.00% of their portfolio | 10.8k $334.4k | New |
| Baird Financial Group, Inc. 0.00% of their portfolio | 10.7k $331.9k | New |
| B. Riley Wealth Advisors, Inc. 0.01% of their portfolio | 10.6k $327.7k | Reduced -5.0k |
| BIT Capital GmbH 0.05% of their portfolio | 10.0k $310.2k | Reduced -3.0k |
| CHAPIN DAVIS, INC. 0.15% of their portfolio | 9.5k $295.5k | Reduced -1.3k |
| XTX Topco Ltd 0.06% of their portfolio | 9.3k $290.0k | New |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.04% of their portfolio | 9.3k $289.9k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 9.1k $283.7k | Reduced -74.6k |
| NWF Advisory Services Inc. 0.09% of their portfolio | 8.9k $369.0k | First filing |