35,500 Shares in Applied Optoelectronics, Inc. $AAOI Purchased by SPX Gestao de Recursos Ltda

Key Points

• SPX Gestao de Recursos acquired 35,500 Applied Optoelectronics shares worth approximately $5.26 million in the second quarter. Other funds also initiated positions, with institutional investors and hedge funds collectively owning 61.7% of the stock.
• Applied Optoelectronics reported quarterly EPS of $0.06, beating estimates of $0.02, while revenue rose 86.3% year over year to $191.92 million. Despite the growth, the company posted a negative net margin of 9.57%.
• The stock recently traded at $106.23, down 6.2%, while insiders sold 272,629 shares worth about $45.9 million over the past 90 days. Analysts maintain a consensus “Hold” rating with an average price target of $139.40.

SPX Gestao de Recursos Ltda acquired a new position in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 35,500 shares of the semiconductor company's stock, valued at approximately $5,260,000.

A number of other hedge funds have also made changes to their positions in the company. EFG International AG acquired a new stake in shares of Applied Optoelectronics in the second quarter worth approximately $44,000. Persistent Asset Partners Ltd acquired a new stake in shares of Applied Optoelectronics in the second quarter valued at about $47,000. Fiduciary Financial Advisors purchased a new position in Applied Optoelectronics in the 2nd quarter worth approximately $48,000. Tema ETFs LLC purchased a new position in Applied Optoelectronics during the second quarter worth approximately $62,000. Finally, Allworth Financial LP purchased a new stake in Applied Optoelectronics in the 2nd quarter valued at $88,000. Institutional investors and hedge funds own 61.70% of the company's stock.

Applied Optoelectronics Trading Down 6.2%

Shares of NASDAQ AAOI opened at $106.23 on Friday. The company has a current ratio of 2.78, a quick ratio of 2.13 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $8.98 billion, a PE ratio of -136.19 and a beta of 3.76. Applied Optoelectronics, Inc. has a twelve month low of $18.50 and a twelve month high of $233.67. The stock has a fifty day simple moving average of $121.74 and a 200-day simple moving average of $127.24.

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last posted its earnings results on Thursday, August 6th. The semiconductor company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.04. The firm had revenue of $191.92 million for the quarter, compared to analyst estimates of $190.48 million. Applied Optoelectronics had a negative return on equity of 1.98% and a negative net margin of 9.57%.Applied Optoelectronics's revenue was up 86.3% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.16) EPS. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. On average, equities analysts forecast that Applied Optoelectronics, Inc. will post 0.55 earnings per share for the current year.

Insider Transactions at Applied Optoelectronics

In related news, insider Hung-Lun (Fred) Chang sold 40,329 shares of the company's stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $170.60, for a total transaction of $6,880,127.40. Following the sale, the insider directly owned 286,124 shares of the company's stock, valued at $48,812,754.40. This represents a 12.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David C. Kuo sold 29,227 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $166.53, for a total transaction of $4,867,172.31. Following the sale, the insider owned 149,078 shares in the company, valued at approximately $24,825,959.34. This trade represents a 16.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 272,629 shares of company stock valued at $45,881,654. 3.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have commented on AAOI. Needham & Company LLC reduced their target price on Applied Optoelectronics from $220.00 to $190.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. B. Riley Financial restated a "neutral" rating on shares of Applied Optoelectronics in a report on Friday, August 7th. Wall Street Zen raised shares of Applied Optoelectronics from a "sell" rating to a "hold" rating in a research note on Saturday, August 8th. Rosenblatt Securities reiterated a "buy" rating and set a $220.00 price target on shares of Applied Optoelectronics in a research report on Friday, August 7th. Finally, Raymond James Financial reissued an "outperform" rating and issued a $178.00 price target on shares of Applied Optoelectronics in a research note on Tuesday, August 11th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Applied Optoelectronics presently has an average rating of "Hold" and a consensus target price of $139.40.

About Applied Optoelectronics

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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