Aehr Test Systems Target of Unusually High Options Trading (NASDAQ:AEHR)

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) saw some unusual options trading activity on Monday. Stock investors bought 6,426 call options on the stock. This represents an increase of 141% compared to the typical daily volume of 2,667 call options.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. FMR LLC boosted its stake in shares of Aehr Test Systems by 1,535.8% during the third quarter. FMR LLC now owns 2,619,108 shares of the semiconductor company's stock valued at $33,656,000 after purchasing an additional 2,458,993 shares in the last quarter. Federated Hermes Inc. raised its position in shares of Aehr Test Systems by 769.7% in the 2nd quarter. Federated Hermes Inc. now owns 1,100,567 shares of the semiconductor company's stock worth $12,293,000 after acquiring an additional 974,028 shares in the last quarter. Baillie Gifford & Co. lifted its stake in shares of Aehr Test Systems by 101.6% during the 2nd quarter. Baillie Gifford & Co. now owns 1,670,590 shares of the semiconductor company's stock worth $18,660,000 after purchasing an additional 841,964 shares during the last quarter. Rice Hall James & Associates LLC boosted its position in Aehr Test Systems by 339.6% during the second quarter. Rice Hall James & Associates LLC now owns 339,756 shares of the semiconductor company's stock valued at $3,795,000 after purchasing an additional 262,469 shares in the last quarter. Finally, Apis Capital Advisors LLC purchased a new position in Aehr Test Systems in the second quarter valued at about $2,133,000. Hedge funds and other institutional investors own 69.69% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Aehr Test Systems from a "hold" rating to a "sell" rating in a research note on Saturday, October 5th.

Aehr Test Systems Stock Performance

Aehr Test Systems stock traded up $2.96 during trading hours on Monday, hitting $14.49. The company had a trading volume of 7,017,102 shares, compared to its average volume of 1,345,515. The firm has a market cap of $429.35 million, a P/E ratio of 13.00 and a beta of 1.94. The company has a 50-day moving average price of $13.00 and a two-hundred day moving average price of $13.49. Aehr Test Systems has a 1 year low of $9.83 and a 1 year high of $30.00.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last posted its quarterly earnings results on Thursday, October 10th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.05. The business had revenue of $13.12 million for the quarter, compared to the consensus estimate of $11.90 million. Aehr Test Systems had a return on equity of 29.31% and a net margin of 49.63%. As a group, equities research analysts anticipate that Aehr Test Systems will post 0.22 EPS for the current year.

About Aehr Test Systems

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.