Applied Optoelectronics (NASDAQ:AAOI) Director William H. Yeh Buys 4,000 Shares

Key Points

• Applied Optoelectronics' Director, William H. Yeh, acquired 4,000 shares at an average price of $21.40 per share, increasing his total holdings to approximately $5.43 million.
• The company's shares have seen a recent decline of 8.7%, with trading down to $21.01 following a quarterly earnings report that missed analysts' expectations.
• An increase in institutional interest was noted, with holdings in Applied Optoelectronics rising significantly, with 61.72% of the stock now owned by hedge funds and other institutional investors.

Applied Optoelectronics, Inc. (NASDAQ:AAOI - Get Free Report) Director William H. Yeh acquired 4,000 shares of Applied Optoelectronics stock in a transaction dated Thursday, August 14th. The stock was purchased at an average cost of $21.40 per share, for a total transaction of $85,600.00. Following the completion of the purchase, the director directly owned 253,819 shares in the company, valued at approximately $5,431,726.60. This represents a 1.60% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Applied Optoelectronics Trading Down 9.7%

Shares of NASDAQ AAOI traded down $2.5330 during midday trading on Tuesday, hitting $23.5970. The stock had a trading volume of 3,445,879 shares, compared to its average volume of 4,431,695. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of -7.02 and a beta of 2.72. Applied Optoelectronics, Inc. has a 1-year low of $8.43 and a 1-year high of $44.50. The company has a quick ratio of 1.47, a current ratio of 2.11 and a debt-to-equity ratio of 0.36. The company has a fifty day moving average price of $24.09 and a 200 day moving average price of $20.19.

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The semiconductor company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.08). The firm had revenue of $102.95 million during the quarter, compared to analyst estimates of $104.96 million. Applied Optoelectronics had a negative net margin of 42.29% and a negative return on equity of 10.60%. The business's revenue for the quarter was up 137.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.28) earnings per share. Applied Optoelectronics has set its Q3 2025 guidance at -0.100--0.030 EPS. On average, analysts predict that Applied Optoelectronics, Inc. will post -1.18 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AAOI. Northland Securities set a $30.00 price target on Applied Optoelectronics in a research report on Friday, August 8th. Wall Street Zen lowered Applied Optoelectronics from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Wolfe Research began coverage on Applied Optoelectronics in a research report on Tuesday, July 8th. They set a "peer perform" rating on the stock. Needham & Company LLC began coverage on Applied Optoelectronics in a research report on Friday, July 25th. They issued a "buy" rating and a $32.00 target price on the stock. Finally, Raymond James Financial increased their target price on Applied Optoelectronics from $18.00 to $25.00 and gave the company an "outperform" rating in a research note on Friday, August 8th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $27.20.

Institutional Trading of Applied Optoelectronics

A number of hedge funds have recently made changes to their positions in AAOI. Headlands Technologies LLC acquired a new stake in shares of Applied Optoelectronics during the 2nd quarter valued at approximately $57,000. Tower Research Capital LLC TRC raised its position in shares of Applied Optoelectronics by 244.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,832 shares of the semiconductor company's stock valued at $176,000 after acquiring an additional 4,846 shares in the last quarter. E Fund Management Co. Ltd. acquired a new stake in shares of Applied Optoelectronics during the 2nd quarter valued at approximately $2,939,000. Gilder Gagnon Howe & Co. LLC acquired a new stake in shares of Applied Optoelectronics during the 2nd quarter valued at approximately $1,816,000. Finally, Eschler Asset Management LLP acquired a new stake in shares of Applied Optoelectronics during the 2nd quarter valued at approximately $856,000. Institutional investors and hedge funds own 61.72% of the company's stock.

Applied Optoelectronics Company Profile

Applied Optoelectronics, Inc designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, distribution equipment, and amplifiers.