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

Aehr Test Systems (NASDAQ:AEHR) saw unusually large options trading on Monday. Stock traders acquired 6,426 call options on the stock. This represents an increase of 141% compared to the average volume of 2,667 call options.

Hedge Funds Weigh In On Aehr Test Systems

Hedge funds have recently bought and sold shares of the company. Rice Hall James & Associates LLC grew its holdings in Aehr Test Systems by 17.4% during the 3rd quarter. Rice Hall James & Associates LLC now owns 398,766 shares of the semiconductor company’s stock worth $5,124,000 after acquiring an additional 59,010 shares during the period. Baillie Gifford & Co. boosted its position in shares of Aehr Test Systems by 8.2% during the 3rd quarter. Baillie Gifford & Co. now owns 1,806,849 shares of the semiconductor company’s stock valued at $23,218,000 after purchasing an additional 136,259 shares in the last quarter. Apis Capital Advisors LLC acquired a new stake in Aehr Test Systems during the second quarter worth approximately $2,133,000. FMR LLC increased its holdings in Aehr Test Systems by 1,535.8% in the third quarter. FMR LLC now owns 2,619,108 shares of the semiconductor company’s stock worth $33,656,000 after purchasing an additional 2,458,993 shares in the last quarter. Finally, Janus Henderson Group PLC acquired a new position in Aehr Test Systems in the third quarter valued at approximately $672,000. Institutional investors own 69.69% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a research report on Saturday, October 5th.

Aehr Test Systems Trading Up 0.3 %

NASDAQ AEHR opened at $14.54 on Wednesday. The firm has a market capitalization of $430.83 million, a PE ratio of 15.80 and a beta of 1.94. The business’s 50-day moving average price is $13.04 and its two-hundred day moving average price is $13.51. Aehr Test Systems has a 12 month low of $9.83 and a 12 month high of $30.00.

Aehr Test Systems (NASDAQ:AEHR) last announced its earnings results on Thursday, October 10th. The semiconductor company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.05. Aehr Test Systems had a return on equity of 29.31% and a net margin of 49.63%. The business had revenue of $13.12 million for the quarter, compared to analysts’ expectations of $11.90 million. As a group, analysts forecast that Aehr Test Systems will post 0.22 earnings per share for the current fiscal year.

Aehr Test Systems Company Profile

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.