Barclays PLC Has $8.03 Million Holdings in Applied Optoelectronics, Inc. (NASDAQ:AAOI)

Barclays PLC boosted its stake in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI - Free Report) by 282.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 217,800 shares of the semiconductor company's stock after acquiring an additional 160,880 shares during the quarter. Barclays PLC owned about 0.46% of Applied Optoelectronics worth $8,027,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of AAOI. Vanguard Group Inc. raised its stake in shares of Applied Optoelectronics by 11.0% during the fourth quarter. Vanguard Group Inc. now owns 2,429,418 shares of the semiconductor company's stock valued at $89,548,000 after purchasing an additional 241,594 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Applied Optoelectronics by 7.7% in the fourth quarter. Geode Capital Management LLC now owns 979,769 shares of the semiconductor company's stock valued at $36,123,000 after buying an additional 70,210 shares during the last quarter. State Street Corp lifted its position in shares of Applied Optoelectronics by 27.7% during the 3rd quarter. State Street Corp now owns 887,259 shares of the semiconductor company's stock valued at $12,697,000 after acquiring an additional 192,308 shares during the period. Yong Rong HK Asset Management Ltd acquired a new stake in Applied Optoelectronics during the 4th quarter worth approximately $27,645,000. Finally, Emerald Advisers LLC boosted its position in shares of Applied Optoelectronics by 15.3% during the 4th quarter. Emerald Advisers LLC now owns 606,997 shares of the semiconductor company's stock worth $22,374,000 after purchasing an additional 80,539 shares in the last quarter. 61.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Applied Optoelectronics

In other news, CFO Stefan J. Murry sold 2,000 shares of the company's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $23.06, for a total transaction of $46,120.00. Following the completion of the transaction, the chief financial officer now directly owns 196,581 shares of the company's stock, valued at approximately $4,533,157.86. This represents a 1.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.96% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AAOI shares. Rosenblatt Securities cut their target price on Applied Optoelectronics from $36.00 to $30.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. StockNews.com upgraded Applied Optoelectronics to a "sell" rating in a report on Wednesday, February 26th. Raymond James reiterated an "outperform" rating and set a $20.00 price target on shares of Applied Optoelectronics in a research note on Thursday, April 24th. Finally, B. Riley raised Applied Optoelectronics from a "sell" rating to a "neutral" rating and set a $13.00 target price for the company in a report on Friday, March 7th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $22.40.

Applied Optoelectronics Price Performance

Shares of Applied Optoelectronics stock traded down $0.32 on Tuesday, reaching $12.75. The stock had a trading volume of 556,269 shares, compared to its average volume of 3,997,760. The business's 50 day moving average is $16.53 and its two-hundred day moving average is $24.88. The company has a market cap of $705.84 million, a P/E ratio of -6.19 and a beta of 2.57. Applied Optoelectronics, Inc. has a 1 year low of $6.70 and a 1 year high of $44.50. The company has a current ratio of 1.61, a quick ratio of 1.06 and a debt-to-equity ratio of 0.36.

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The semiconductor company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.07). Applied Optoelectronics had a negative return on equity of 22.36% and a negative net margin of 38.61%. The firm had revenue of $100.27 million during the quarter, compared to the consensus estimate of $99.92 million. As a group, research analysts anticipate that Applied Optoelectronics, Inc. will post -1.18 EPS for the current year.

About Applied Optoelectronics

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.