SCHEDULE: FMR LLC Discloses 7% Stake in AEHR TEST SYSTEMS

FMR LLC and Abigail P. Johnson have reported beneficial ownership of 7.0% of AEHR TEST SYSTEMS' common stock as of March 31, 2026.

Summary

• FMR LLC and Abigail P. Johnson have filed a Schedule 13G, indicating their beneficial ownership of AEHR TEST SYSTEMS' common stock.
• As of March 31, 2026, the total aggregate amount beneficially owned is 2,142,638.70 shares.
• This represents 7.0% of the class of securities.
• FMR LLC has sole voting power over 2,136,650.00 shares and sole dispositive power over 2,142,638.70 shares.
• Abigail P. Johnson has sole dispositive power over 2,142,638.70 shares.
• The filing is made under Rule 13d-1(b) by FMR LLC, classified as an investment adviser (IA).
• FIAM LLC and Fidelity Management & Research Company LLC are also identified as investment advisers (IA) and beneficially own 5% or greater of the security class.
• Abigail P. Johnson is a Director, Chairman, and CEO of FMR LLC, and members of the Johnson family may be deemed to form a controlling group with respect to FMR LLC.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It indicates significant institutional interest but provides no operational or financial performance data, making it impossible to assess the company's current health or future prospects based solely on this document.

Positives

• Significant institutional ownership by FMR LLC and its affiliates, indicating confidence in AEHR TEST SYSTEMS.
• The filing is routine for Schedule 13G, suggesting no immediate change in control or activist intent.

Negatives

• No specific financial performance data or operational updates are provided in this filing, as it is purely an ownership disclosure.

Risks

• While this filing does not explicitly state risks, any significant change in ownership by large institutional holders could impact stock price volatility.
• The concentration of ownership among FMR LLC and its affiliates could lead to concentrated selling pressure if they decide to divest.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the company's future performance.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes. The presence of FMR LLC, a major financial services firm, suggests a degree of institutional validation for AEHR TEST SYSTEMS, though this filing itself does not provide operational or financial insights.

Stakeholder Impact

• Shareholders: The filing confirms significant institutional ownership, which can influence stock liquidity and potentially attract further investor interest. However, it does not directly impact current operations or profitability.
• Management: The filing is a disclosure requirement and does not directly affect management's day-to-day operations, but it signals that a major financial entity is monitoring the company's stock.

Next Steps

• Monitor future filings from FMR LLC and other institutional investors for any changes in ownership.
• Review AEHR TEST SYSTEMS' upcoming financial reports for operational and financial performance updates.

Key Dates

Keywords

AEHR TEST SYSTEMS, Schedule 13G, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Common Stock, Institutional Investor, Investment Adviser, Fidelity Management, FIAM LLC