Stock Traders Purchase High Volume of Wolfspeed Put Options (NYSE:WOLF)

by · The Markets Daily

Wolfspeed, Inc. (NYSE:WOLF – Get Free Report) was the recipient of some unusual options trading on Friday. Stock traders bought 82,482 put options on the company. This is an increase of approximately 138% compared to the average volume of 34,695 put options.

Wolfspeed Price Performance

Wolfspeed stock traded up $0.14 during midday trading on Friday, reaching $26.49. The company’s stock had a trading volume of 1,722,181 shares, compared to its average volume of 4,490,951. Wolfspeed has a 52-week low of $8.05 and a 52-week high of $80.82. The stock has a market capitalization of $1.38 billion and a P/E ratio of -1.68. The stock’s 50-day simple moving average is $35.44 and its 200-day simple moving average is $32.77.

Wolfspeed (NYSE:WOLF – Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The company reported ($2.26) EPS for the quarter, topping the consensus estimate of ($2.45) by $0.19. The company had revenue of $149.60 million for the quarter, compared to analyst estimates of $150.00 million. During the same quarter in the previous year, the firm posted ($0.77) earnings per share. The company’s quarterly revenue was down 24.1% on a year-over-year basis.

Trending Headlines about Wolfspeed

Here are the key news stories impacting Wolfspeed this week:

  • Positive Sentiment: AI data-center revenue more than doubled year over year in fiscal 2026 and rose about 20% sequentially in the fourth quarter, highlighting potential demand for Wolfspeed’s silicon-carbide products. Wolfspeed Reports Financial Results for the Fourth Quarter of Fiscal 2026
  • Positive Sentiment: The company reported an adjusted quarterly loss of $2.26 per share, narrower than the $2.45 consensus estimate, and launched a fifth-generation SiC MOSFET as part of its technology roadmap. Wolfspeed 2026 Q4 Results Earnings Call Presentation
  • Neutral Sentiment: Wolfspeed expects first-quarter fiscal 2027 revenue of $140 million to $160 million, broadly surrounding the approximately $150.4 million analyst consensus. Wolfspeed Targets Q1 FY2027 Revenue
  • Negative Sentiment: Quarterly revenue was $149.6 million, essentially matching estimates but declining 24.1% year over year. The loss also widened substantially from $0.77 per share in the prior-year quarter, reinforcing concerns about the company’s path to profitability. Wolfspeed Sinks on Wider-Than-Expected Loss
  • Negative Sentiment: Analysts noted that Wolfspeed continues to post negative gross margins and faces a long road to sustainable profits, overshadowing progress in data centers. Wolfspeed Makes Gains in Data Centers
  • Negative Sentiment: TD Cowen reaffirmed its “Hold” rating and set a $25 price target, signaling limited upside or potential downside from recent trading levels. Wolfspeed Receives a Hold from TD Cowen

Analyst Upgrades and Downgrades

WOLF has been the subject of a number of research analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Wolfspeed in a research note on Wednesday, June 24th. Wall Street Zen lowered Wolfspeed from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. Susquehanna decreased their target price on Wolfspeed from $40.00 to $30.00 and set a “neutral” rating for the company in a research report on Tuesday, July 21st. Finally, TD Cowen reissued a “hold” rating and set a $25.00 target price on shares of Wolfspeed in a research note on Thursday. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Wolfspeed presently has an average rating of “Hold” and an average target price of $25.00.

View Our Latest Research Report on Wolfspeed

Institutional Investors Weigh In On Wolfspeed

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WOLF. Teza Capital Management LLC purchased a new position in Wolfspeed during the second quarter valued at approximately $347,000. Ratan Capital Management LP purchased a new position in Wolfspeed in the 2nd quarter valued at $2,467,000. Panview Capital Ltd acquired a new position in Wolfspeed during the second quarter worth about $6,952,000. Renesas Electronics America Inc. acquired a new position in shares of Wolfspeed during the 2nd quarter worth approximately $813,126,949,000. Finally, Atlas Brown Inc. grew its holdings in Wolfspeed by 29.2% in the 2nd quarter. Atlas Brown Inc. now owns 32,300 shares of the company’s stock valued at $1,558,000 after buying an additional 7,300 shares in the last quarter.

About Wolfspeed

(Get Free Report)

Wolfspeed, Inc (NYSE: WOLF) is a leading developer and manufacturer of silicon carbide (SiC) and gallium nitride (GaN) semiconductor materials and devices. The company’s product portfolio addresses high-growth markets such as electric vehicles, renewable energy, fast-charging infrastructure, aerospace and defense, and telecommunications. By leveraging proprietary materials and device designs, Wolfspeed delivers solutions that offer improved energy efficiency, higher power density and greater thermal performance compared to conventional silicon-based semiconductors.

Founded as part of Cree, Inc and spun off to form an independent public company in October 2021, Wolfspeed traces its roots to the mid-1980s when it pioneered the commercial use of wide-bandgap semiconductor technology.

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