Traders Buy Large Volume of Aehr Test Systems Call Options (NASDAQ:AEHR)

Aehr Test Systems (NASDAQ:AEHR) was the recipient of some unusual options trading on Tuesday. Traders bought 23,832 call options on the stock. This is an increase of approximately 156% compared to the average daily volume of 9,315 call options.

Aehr Test Systems Trading Up 5.9%

AEHR stock traded up $3.99 during mid-day trading on Tuesday, reaching $72.01. The company’s stock had a trading volume of 4,630,303 shares, compared to its average volume of 2,275,283. Aehr Test Systems has a fifty-two week low of $14.01 and a fifty-two week high of $126.62. The stock has a market cap of $2.26 billion, a PE ratio of -189.50 and a beta of 3.17. The company’s 50 day moving average is $95.13 and its two-hundred day moving average is $60.18.

Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings results on Tuesday, July 14th. The semiconductor company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.06. Aehr Test Systems had a negative net margin of 25.23% and a negative return on equity of 7.15%. On average, analysts forecast that Aehr Test Systems will post -0.31 earnings per share for the current fiscal year.

More Aehr Test Systems News

Here are the key news stories impacting Aehr Test Systems this week:

• Positive Sentiment: Aehr Test Systems reported fiscal Q4 earnings of $0.05 per share, topping analysts’ estimate of a $0.01 loss, which suggests the company is executing better than Wall Street expected.
• Positive Sentiment: The company said revenue was $18.8 million in the quarter, up from $14.1 million a year ago, showing improving sales momentum. Article Title
• Positive Sentiment: Aehr also reported record quarterly bookings and more than $100 million in effective backlog, giving investors more confidence in future revenue visibility. Article Title
• Positive Sentiment: The company issued FY2027 revenue guidance of $130 million to $150 million, far above the consensus estimate of about $85.4 million, which signals a much stronger growth outlook. Article Title
• Positive Sentiment: The company also announced more than $8 million in new silicon carbide wafer-level burn-in orders, reinforcing demand from electric-vehicle and automotive customers. Article Title
• Neutral Sentiment: Unusual options activity showed heavy call buying, indicating traders are betting on further upside after the earnings release. Article Title
• Negative Sentiment: The company still posted negative return on equity and a negative net margin, so profitability remains a key issue even with the improved outlook.

Insider Buying and Selling

In related news, VP Alistair N. Sporck sold 2,000 shares of the company’s stock in a transaction dated Wednesday, April 22nd. The shares were sold at an average price of $93.50, for a total transaction of $187,000.00. Following the transaction, the vice president owned 5,177 shares in the company, valued at $484,049.50. This represents a 27.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Alberto Salamone sold 15,000 shares of the firm’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $89.57, for a total value of $1,343,550.00. Following the sale, the executive vice president directly owned 63,025 shares in the company, valued at approximately $5,645,149.25. This represents a 19.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 123,606 shares of company stock worth $10,969,625 in the last quarter. Corporate insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On Aehr Test Systems

A number of hedge funds and other institutional investors have recently bought and sold shares of AEHR. KBC Group NV purchased a new stake in shares of Aehr Test Systems in the first quarter valued at approximately $30,000. Sunbelt Securities Inc. purchased a new position in shares of Aehr Test Systems during the 3rd quarter worth approximately $27,000. Tema ETFs LLC acquired a new position in shares of Aehr Test Systems during the 2nd quarter worth approximately $89,000. Caitong International Asset Management Co. Ltd purchased a new stake in Aehr Test Systems in the 4th quarter valued at approximately $25,000. Finally, CoreCap Advisors LLC grew its holdings in Aehr Test Systems by 241.8% during the 2nd quarter. CoreCap Advisors LLC now owns 1,251 shares of the semiconductor company’s stock valued at $120,000 after buying an additional 885 shares during the last quarter. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AEHR. Wall Street Zen upgraded Aehr Test Systems from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. Craig Hallum upgraded shares of Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 price target on the stock in a research report on Wednesday, April 8th. Lake Street Capital reissued a “buy” rating on shares of Aehr Test Systems in a research note on Wednesday, April 8th. Finally, Weiss Ratings raised shares of Aehr Test Systems from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $68.00.

Aehr Test Systems Company Profile

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.