Free Trial

Traders Purchase Large Volume of Call Options on SEALSQ (NASDAQ:LAES)

SEALSQ logo with Computer and Technology background

Key Points

  • SEALSQ Corp. (NASDAQ:LAES) experienced a significant increase in options trading, with traders purchasing 27,110 call options, a rise of 226% from the average volume.
  • After analysts updated their ratings, SEALSQ was raised from a "sell" to a "hold" rating, with a current consensus target price of $1.75.
  • Institutional investors have recently increased their stakes in SEALSQ, with notable acquisitions totaling around $7.9 million in new investments during the second quarter.
  • MarketBeat previews top five stocks to own in November.

SEALSQ Corp. (NASDAQ:LAES - Get Free Report) was the target of some unusual options trading activity on Monday. Investors acquired 27,110 call options on the company. This represents an increase of 226% compared to the typical daily volume of 8,315 call options.

Hedge Funds Weigh In On SEALSQ

Several hedge funds have recently made changes to their positions in the business. Engineers Gate Manager LP bought a new position in shares of SEALSQ during the 2nd quarter worth approximately $47,000. Allworth Financial LP bought a new position in shares of SEALSQ during the 2nd quarter worth approximately $47,000. MAI Capital Management acquired a new position in SEALSQ during the second quarter worth $50,000. LaSalle St. Investment Advisors LLC bought a new stake in SEALSQ during the first quarter worth $39,000. Finally, SBI Securities Co. Ltd. lifted its stake in SEALSQ by 12.2% in the second quarter. SBI Securities Co. Ltd. now owns 162,240 shares of the company's stock valued at $654,000 after acquiring an additional 17,679 shares during the last quarter. 1.25% of the stock is owned by institutional investors.

SEALSQ Stock Performance

Shares of LAES traded up $0.68 during mid-day trading on Friday, hitting $4.29. 36,647,253 shares of the company's stock were exchanged, compared to its average volume of 7,008,206. SEALSQ has a 52 week low of $0.31 and a 52 week high of $11.00. The company has a 50-day simple moving average of $3.03 and a 200 day simple moving average of $3.09. The company has a debt-to-equity ratio of 0.03, a current ratio of 7.38 and a quick ratio of 7.26.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of SEALSQ from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $1.75.

Check Out Our Latest Stock Analysis on LAES

SEALSQ Company Profile

(Get Free Report)

SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductor chips in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, secure arm platform, and smart card reader chips; identity provisioning services, such as IoT device provisioning and chip provisioning; and managed PKI for IoT solutions and trust services.

Read More

Should You Invest $1,000 in SEALSQ Right Now?

Before you consider SEALSQ, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SEALSQ wasn't on the list.

While SEALSQ currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.