Applied Optoelectronics (NASDAQ:AAOI) CEO Chih-Hsiang (Thompson) Lin Purchases 6,500 Shares

Key Points

• Chih-Hsiang (Thompson) Lin, CEO of Applied Optoelectronics, recently purchased a total of 18,600 shares in multiple transactions, increasing his direct ownership to 1,643,315 shares.
• Applied Optoelectronics' stock is currently trading around $21.01, down from its 52-week high of $44.50, with analysts forecasting a negative earnings per share for the year.
• Several institutional investors have significantly increased their stakes in the company, with CloudAlpha Capital Management growing its position by 410.7% in the second quarter.

Applied Optoelectronics, Inc. (NASDAQ:AAOI - Get Free Report) CEO Chih-Hsiang (Thompson) Lin acquired 6,500 shares of the firm's stock in a transaction on Tuesday, August 12th. The shares were bought at an average cost of $23.14 per share, for a total transaction of $150,410.00. Following the completion of the acquisition, the chief executive officer directly owned 1,643,315 shares of the company's stock, valued at approximately $38,026,309.10. This represents a 0.40% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Chih-Hsiang (Thompson) Lin also recently made the following trade(s):

• On Wednesday, August 13th, Chih-Hsiang (Thompson) Lin acquired 3,250 shares of Applied Optoelectronics stock. The shares were bought at an average cost of $22.65 per share, for a total transaction of $73,612.50.
• On Wednesday, August 13th, Chih-Hsiang (Thompson) Lin bought 8,850 shares of Applied Optoelectronics stock. The stock was acquired at an average cost of $22.53 per share, for a total transaction of $199,390.50.

Applied Optoelectronics Price Performance

Shares of AAOI traded down $2.5330 on Tuesday, hitting $23.5970. The company's 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 PE ratio of -7.02 and a beta of 2.72. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.11 and a quick ratio of 1.47. Applied Optoelectronics, Inc. has a fifty-two week low of $8.43 and a fifty-two week high of $44.50. The company has a 50 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 announced its earnings results on Thursday, August 7th. The semiconductor company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.08). The business had revenue of $102.95 million during the quarter, compared to analyst estimates of $104.96 million. Applied Optoelectronics had a negative return on equity of 10.60% and a negative net margin of 42.29%.The firm's revenue was up 137.9% compared to the same quarter last year. During the same period in the previous 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, research analysts anticipate that Applied Optoelectronics, Inc. will post -1.18 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AAOI has been the topic of several recent analyst reports. Wolfe Research initiated coverage on Applied Optoelectronics in a report on Tuesday, July 8th. They issued a "peer perform" rating on the stock. Raymond James Financial boosted their price objective on shares of Applied Optoelectronics from $18.00 to $25.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. Northland Securities set a $30.00 price objective on shares of Applied Optoelectronics in a research report on Friday, August 8th. Rosenblatt Securities boosted their price objective on shares of Applied Optoelectronics from $30.00 to $34.00 and gave the stock a "buy" rating in a research report on Thursday, June 26th. Finally, Wall Street Zen cut shares of Applied Optoelectronics from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $27.20.

Institutional Trading of Applied Optoelectronics

Several institutional investors and hedge funds have recently made changes to their positions in AAOI. CloudAlpha Capital Management Limited Hong Kong raised its position in shares of Applied Optoelectronics by 410.7% during the 2nd quarter. CloudAlpha Capital Management Limited Hong Kong now owns 1,408,983 shares of the semiconductor company's stock valued at $36,197,000 after acquiring an additional 1,133,115 shares during the last quarter. Nomura Holdings Inc. bought a new stake in shares of Applied Optoelectronics during the 4th quarter valued at $31,331,000. Jefferies Financial Group Inc. bought a new stake in shares of Applied Optoelectronics during the 4th quarter valued at $23,354,000. Assenagon Asset Management S.A. raised its position in shares of Applied Optoelectronics by 182.7% during the 1st quarter. Assenagon Asset Management S.A. now owns 976,520 shares of the semiconductor company's stock valued at $14,990,000 after acquiring an additional 631,128 shares during the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in shares of Applied Optoelectronics during the 1st quarter valued at $7,455,000. Institutional investors 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.