Aehr Test Systems (NASDAQ:AEHR - Get Free Report) was the recipient of some unusual options trading activity on Monday. Traders acquired 6,426 call options on the stock. This represents an increase of approximately 141% compared to the average daily volume of 2,667 call options.
Institutional investors and hedge funds have recently bought and sold shares of the business. nVerses Capital LLC purchased a new stake in shares of Aehr Test Systems in the 2nd quarter worth approximately $25,000. Truvestments Capital LLC purchased a new stake in Aehr Test Systems during the third quarter valued at approximately $36,000. Quarry LP bought a new position in Aehr Test Systems in the third quarter worth approximately $41,000. Quest Partners LLC purchased a new position in shares of Aehr Test Systems during the 2nd quarter worth $47,000. Finally, US Bancorp DE purchased a new stake in shares of Aehr Test Systems in the 3rd quarter worth $77,000. 69.69% of the stock is currently owned by institutional investors.
AEHR traded up $3.23 during trading on Monday, reaching $14.76. 5,571,672 shares of the stock traded hands, compared to its average volume of 1,338,961. The stock has a market capitalization of $437.35 million, a PE ratio of 13.00 and a beta of 1.94. The stock's 50-day moving average is $13.00 and its 200 day moving average is $13.49. Aehr Test Systems has a 12 month low of $9.83 and a 12 month high of $30.00.
Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last released its earnings results on Thursday, October 10th. The semiconductor company reported $0.04 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.05. The company had revenue of $13.12 million for the quarter, compared to analysts' expectations 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.
Separately, StockNews.com lowered Aehr Test Systems from a "hold" rating to a "sell" rating in a report on Saturday, October 5th.
Read Our Latest Stock Report on 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.
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