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

Aehr Test Systems (NASDAQ:AEHR) was the recipient of unusually large options trading activity on Tuesday. Stock traders bought 23,832 call options on the company. This is an increase of approximately 156% compared to the average volume of 9,315 call options.

Key Headlines Impacting Aehr Test Systems

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

• Positive Sentiment: Aehr Test Systems reported Q4 revenue of $18.8 million, beating expectations, and swung to a profit, with adjusted EPS of $0.11 versus a small expected loss. Aehr Test Systems Reports Fiscal 2026 Fourth Quarter and Full Year Financial Results with Record Quarterly Bookings and $100 Million Effective Backlog
• Positive Sentiment: Record quarterly bookings of $60.7 million and an effective backlog of about $100.6 million boosted visibility into future sales and helped reinforce the bullish reaction. Aehr Test Systems Reports Fiscal 2026 Fourth Quarter and Full Year Financial Results with Record Quarterly Bookings and $100 Million Effective Backlog
• Positive Sentiment: Management projected fiscal 2027 revenue of $130 million to $150 million, far above Wall Street’s prior estimate, suggesting AI, silicon photonics, and data-center demand could drive a sharp growth ramp. Aehr Test Systems Reports Fiscal 2026 Fourth Quarter and Full Year Financial Results with Record Quarterly Bookings and $100 Million Effective Backlog
• Positive Sentiment: The company also announced more than $8 million in new silicon carbide wafer-level burn-in orders, adding to momentum in its automotive and EV-related business. Aehr Receives More Than $8 Million in New Silicon Carbide Wafer-Level Burn-In Orders as Global Electric Vehicle Programs Accelerate
• Neutral Sentiment: Several articles framed the move as a valuation reset and questioned whether the rally may have gotten ahead of fundamentals, even though the underlying earnings report was strong. Aehr Test Systems: The Earnings Reset Is Bigger Than The Rally

Wall Street Analysts Forecast Growth

AEHR has been the subject of a number of research reports. Wall Street Zen raised Aehr Test Systems from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. Craig Hallum reaffirmed a “buy” rating and issued a $125.00 price target on shares of Aehr Test Systems in a research note on Wednesday. Weiss Ratings raised Aehr Test Systems from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Finally, Lake Street Capital reiterated a “buy” rating and set a $110.00 target price on shares of Aehr Test Systems in a research report on Wednesday. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $117.50.

Insider Buying and Selling at Aehr Test Systems

In other Aehr Test Systems news, EVP Alberto Salamone sold 15,000 shares of the stock in a transaction on Monday, April 20th. The shares were sold at an average price of $89.57, for a total transaction of $1,343,550.00. Following the transaction, the executive vice president directly owned 63,025 shares in the company, valued at $5,645,149.25. This represents a 19.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Rhea J. Posedel sold 604 shares of the business’s stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of $95.00, for a total transaction of $57,380.00. Following the transaction, the director directly owned 396,375 shares of the company’s stock, valued at approximately $37,655,625. This trade represents a 0.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 90,325 shares of company stock valued at $8,257,987 over the last three months. Company insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On Aehr Test Systems

Several large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Aehr Test Systems by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 2,337,433 shares of the semiconductor company’s stock worth $47,193,000 after buying an additional 49,243 shares during the last quarter. Halter Ferguson Financial Inc. lifted its stake in Aehr Test Systems by 41.7% during the fourth quarter. Halter Ferguson Financial Inc. now owns 642,129 shares of the semiconductor company’s stock worth $12,965,000 after purchasing an additional 189,117 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in Aehr Test Systems in the 4th quarter worth $377,000. UBS Group AG lifted its position in Aehr Test Systems by 55.7% in the fourth quarter. UBS Group AG now owns 243,129 shares of the semiconductor company’s stock valued at $4,909,000 after purchasing an additional 87,014 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Aehr Test Systems during the fourth quarter valued at about $407,000. Institutional investors own 69.69% of the company’s stock.

Aehr Test Systems Stock Up 21.9%

AEHR opened at $87.79 on Thursday. Aehr Test Systems has a twelve month low of $14.01 and a twelve month high of $126.62. The company has a 50-day simple moving average of $94.57 and a 200 day simple moving average of $60.99. The stock has a market capitalization of $2.76 billion, a price-to-earnings ratio of -365.78 and a beta of 3.17.

Aehr Test Systems Company Profile

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.