Investors Purchase High Volume of Aehr Test Systems Call Options (NASDAQ:AEHR)

Aehr Test Systems (NASDAQ:AEHR) was the target of unusually large options trading on Tuesday. Stock 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.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AEHR. Craig Hallum upgraded shares of Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a research note on Wednesday, April 8th. 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. Wall Street Zen raised shares of Aehr Test Systems from a “strong sell” rating to a “sell” rating in a report on Saturday, June 6th. Finally, Lake Street Capital reaffirmed a “buy” rating on shares of Aehr Test Systems in a research note on Wednesday, April 8th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Aehr Test Systems presently has a consensus rating of “Hold” and an average price target of $68.00.

Aehr Test Systems Stock Up 5.9%

Shares of NASDAQ AEHR traded up $3.99 during midday trading on Tuesday, reaching $72.01. 4,630,303 shares of the stock were exchanged, compared to its average volume of 2,275,283. The firm has a market cap of $2.26 billion, a price-to-earnings ratio of -189.50 and a beta of 3.17. Aehr Test Systems has a twelve month low of $14.01 and a twelve month high of $126.62. The firm has a 50-day simple moving average of $95.13 and a two-hundred day simple moving average of $60.18.

Aehr Test Systems (NASDAQ:AEHR) last released its quarterly earnings results on Tuesday, July 14th. The semiconductor company reported $0.05 earnings per share for the quarter, topping the consensus estimate 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%. Research analysts expect that Aehr Test Systems will post -0.31 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Alberto Salamone sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $89.57, for a total value of $1,343,550.00. Following the sale, the executive vice president owned 63,025 shares of the company’s stock, valued at $5,645,149.25. The trade was a 19.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Howard T. Slayen sold 25,000 shares of Aehr Test Systems stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $85.00, for a total value of $2,125,000.00. Following the sale, the director owned 178,328 shares of the company’s stock, valued at approximately $15,157,880. This trade represents a 12.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 123,606 shares of company stock worth $10,969,625 over the last quarter. Corporate insiders own 6.80% of the company’s stock.

Institutional Trading of Aehr Test Systems

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

Key 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.

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.