25,000 Shares in Applied Optoelectronics, Inc. $AAOI Acquired by Artemis Wealth Advisors LLC

Key Points

• Artemis Wealth Advisors acquired 25,000 AAOI shares worth approximately $7.45 million in the second quarter, making Applied Optoelectronics its 12th-largest holding. Institutional investors collectively own 61.7% of the company.
• Analyst sentiment is mixed: three analysts rate the stock Buy, two Hold, and one Sell. The consensus rating is Hold, with an average price target of $139.40.
• Applied Optoelectronics exceeded quarterly expectations, reporting $0.06 in EPS versus $0.02 expected and $191.92 million in revenue, up 86.3% year over year. However, insiders sold more than $55.7 million of stock over the past 90 days, while shares have recently traded down 15.2%.

Artemis Wealth Advisors LLC acquired a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI - Free Report) in the second quarter, according to its most recent filing with the SEC. The fund acquired 25,000 shares of the semiconductor company's stock, valued at approximately $7,447,000. Applied Optoelectronics makes up 0.8% of Artemis Wealth Advisors LLC's holdings, making the stock its 12th largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allworth Financial LP boosted its holdings in shares of Applied Optoelectronics by 1,923.7% in the fourth quarter. Allworth Financial LP now owns 769 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 731 shares during the period. Comerica Bank purchased a new position in shares of Applied Optoelectronics in the third quarter valued at $28,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Applied Optoelectronics by 166.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,200 shares of the semiconductor company's stock valued at $42,000 after purchasing an additional 750 shares during the period. Persistent Asset Partners Ltd bought a new stake in shares of Applied Optoelectronics during the 2nd quarter valued at $47,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Applied Optoelectronics during the 4th quarter worth about $55,000. Institutional investors own 61.70% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on AAOI. Needham & Company LLC reduced their price objective on shares of Applied Optoelectronics from $220.00 to $190.00 and set a "buy" rating for the company in a research note on Friday, August 7th. Rosenblatt Securities reiterated a "buy" rating and issued a $220.00 target price on shares of Applied Optoelectronics in a research note on Friday, August 7th. Wall Street Zen raised shares of Applied Optoelectronics from a "sell" rating to a "hold" rating in a report on Saturday, August 8th. Weiss Ratings lowered shares of Applied Optoelectronics from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Monday. Finally, Raymond James Financial reaffirmed an "outperform" rating and issued a $178.00 price target on shares of Applied Optoelectronics in a report on Tuesday, August 11th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $139.40.

Applied Optoelectronics Trading Down 15.2%

Shares of AAOI opened at $131.41 on Wednesday. The firm's 50 day simple moving average is $130.54 and its 200 day simple moving average is $123.66. The company has a market capitalization of $11.11 billion, a P/E ratio of -168.47 and a beta of 3.76. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.78 and a quick ratio of 2.13. Applied Optoelectronics, Inc. has a 1-year low of $18.50 and a 1-year high of $233.67.

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.04. Applied Optoelectronics had a negative net margin of 9.57% and a negative return on equity of 1.98%. The business had revenue of $191.92 million during the quarter, compared to analysts' expectations of $190.48 million. During the same quarter in the previous year, the company earned ($0.16) EPS. The business's quarterly revenue was up 86.3% compared to the same quarter last year. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. Sell-side analysts forecast that Applied Optoelectronics, Inc. will post 0.6 earnings per share for the current fiscal year.

Insider Buying and Selling at Applied Optoelectronics

In other news, insider Shu-Hua (Joshua) Yeh sold 4,715 shares of the company's stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $126.50, for a total value of $596,447.50. Following the completion of the transaction, the insider directly owned 383,498 shares in the company, valued at approximately $48,512,497. This represents a 1.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Hung-Lun (Fred) Chang sold 40,329 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $170.60, for a total value of $6,880,127.40. Following the transaction, the insider owned 286,124 shares in the company, valued at $48,812,754.40. This trade represents a 12.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 323,204 shares of company stock valued at $55,700,961. 3.80% of the stock is currently owned by company insiders.

Applied Optoelectronics Profile

Applied Optoelectronics, Inc develops and manufactures high-speed fiber-optic networking products designed to support the growing bandwidth demands of data centers, telecommunications carriers and internet content providers. The company's core offerings include pluggable optical transceiver modules, transponders and optical components that enable data transmission at rates ranging from 1G to 400G. These products are used to facilitate long-haul, metro and intra-data center connectivity, addressing the need for scalable, low-latency and energy-efficient solutions in modern network infrastructures.

The company's product portfolio spans small-form factor pluggable modules such as SFP+, QSFP+ and QSFP28 units, as well as more advanced form factors like CFP2 and OSFP for ultra-high-speed applications.

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