Aehr Test Systems Sees Unusually Large Options Volume (NASDAQ:AEHR)

Aehr Test Systems (NASDAQ:AEHRGet Free Report) was the recipient of unusually large options trading activity on Wednesday. Stock traders acquired 5,584 call options on the company. This is an increase of 214% compared to the average volume of 1,778 call options.

Wall Street Analyst Weigh In

AEHR has been the topic of several recent analyst reports. William Blair reissued a “market perform” rating on shares of Aehr Test Systems in a research report on Monday, March 25th. StockNews.com cut shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a research note on Thursday, April 11th. Finally, Craig Hallum reiterated a “hold” rating and issued a $12.00 price objective on shares of Aehr Test Systems in a research note on Tuesday, March 26th.

View Our Latest Report on Aehr Test Systems

Aehr Test Systems Trading Up 24.0 %

NASDAQ AEHR opened at $15.39 on Thursday. Aehr Test Systems has a 12 month low of $9.83 and a 12 month high of $54.10. The stock has a market cap of $445.08 million, a price-to-earnings ratio of 29.60 and a beta of 2.07. The company’s 50 day moving average is $11.81 and its two-hundred day moving average is $14.58.

Aehr Test Systems (NASDAQ:AEHRGet Free Report) last released its earnings results on Tuesday, April 9th. The semiconductor company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.01. Aehr Test Systems had a net margin of 21.43% and a return on equity of 18.70%. The company had revenue of $7.56 million for the quarter, compared to analysts’ expectations of $7.60 million. Sell-side analysts forecast that Aehr Test Systems will post 0.4 EPS for the current year.

Institutional Investors Weigh In On Aehr Test Systems

A number of institutional investors have recently added to or reduced their stakes in AEHR. RiverPark Advisors LLC grew its holdings in Aehr Test Systems by 360.8% during the 1st quarter. RiverPark Advisors LLC now owns 2,069 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 1,620 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in Aehr Test Systems during the 4th quarter valued at approximately $73,000. Tucker Asset Management LLC purchased a new stake in Aehr Test Systems during the 3rd quarter valued at approximately $78,000. B. Riley Wealth Advisors Inc. purchased a new stake in Aehr Test Systems during the 1st quarter valued at approximately $109,000. Finally, Kessler Investment Group LLC purchased a new position in shares of Aehr Test Systems in the fourth quarter valued at $131,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

Aehr Test Systems Company Profile

(Get Free Report)

Aehr Test Systems provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, and package part form, and installed systems worldwide. Its product portfolio includes FOX-XP and FOX-NP systems that are full wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize range of devices, including silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices.

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