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

Aehr Test Systems (NASDAQ:AEHR) saw 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 typical daily volume of 9,315 call options.

Key Stories Impacting Aehr Test Systems

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

• Positive Sentiment: Aehr reported fiscal Q4 EPS of $0.11, beating estimates, and revenue of $18.8 million, helping the company swing back to profitability. Article Title
• Positive Sentiment: Management said fiscal 2027 revenue should reach $130 million to $150 million, well above the market’s expectations, which signals a significantly stronger growth outlook. Article Title
• Positive Sentiment: The company reported record quarterly bookings of $60.7 million and effective backlog of $100.6 million, giving investors more visibility into future revenue. Article Title
• Positive Sentiment: Aehr also announced more than $8 million in new silicon carbide wafer-level burn-in orders, including a follow-on order tied to electric vehicle manufacturing expansion. Article Title
• Neutral Sentiment: Trading activity also showed unusual call option buying, which may reflect speculation that the post-earnings rally could continue. Article Title
• Negative Sentiment: Despite the upbeat report, Aehr still faces pressure from prior losses and recent insider selling, which may temper some investor enthusiasm over time.

Insider Activity at Aehr Test Systems

In other news, Director Rhea J. Posedel sold 17,115 shares of the stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $100.00, for a total transaction of $1,711,500.00. Following the transaction, the director owned 45,261 shares in the company, valued at approximately $4,526,100. This trade represents a 27.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Howard T. Slayen sold 25,000 shares of the business’s stock in a transaction on 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 completion of the sale, the director owned 178,328 shares of the company’s stock, valued at $15,157,880. This trade represents a 12.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 121,706 shares of company stock valued at $10,832,787 in the last 90 days. Corporate insiders own 6.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada grew its holdings in shares of Aehr Test Systems by 262.7% during the 1st quarter. Royal Bank of Canada now owns 50,207 shares of the semiconductor company’s stock valued at $365,000 after purchasing an additional 36,364 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Aehr Test Systems by 8.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,225 shares of the semiconductor company’s stock valued at $126,000 after purchasing an additional 1,344 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Aehr Test Systems by 7.9% in the second quarter. JPMorgan Chase & Co. now owns 15,576 shares of the semiconductor company’s stock valued at $201,000 after buying an additional 1,145 shares in the last quarter. Legal & General Group Plc boosted its position in Aehr Test Systems by 110.8% in the second quarter. Legal & General Group Plc now owns 6,882 shares of the semiconductor company’s stock valued at $89,000 after buying an additional 3,617 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Aehr Test Systems by 3.1% during the second quarter. Rhumbline Advisers now owns 41,466 shares of the semiconductor company’s stock worth $536,000 after buying an additional 1,254 shares during the last quarter. Institutional investors own 69.69% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AEHR. Craig Hallum raised shares of Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 target price for the company in a research report 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 report on Monday, May 4th. Lake Street Capital reiterated a “buy” rating on shares of Aehr Test Systems in a research note on Wednesday, April 8th. Finally, 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. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $68.00.

Aehr Test Systems Stock Performance

Aehr Test Systems stock opened at $72.01 on Wednesday. Aehr Test Systems has a 52 week low of $14.01 and a 52 week high of $126.62. The stock has a market capitalization of $2.26 billion, a P/E ratio of -189.50 and a beta of 3.17. The stock has a fifty day moving average of $94.74 and a 200-day moving average of $60.53.

About Aehr Test Systems

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.