Alyeska Investment Group L.P. Takes Position in Applied Optoelectronics, Inc. $AAOI

Key Points

• Alyeska Investment Group L.P. has purchased 485,659 shares of Applied Optoelectronics, Inc., valued at approximately $7.45 million, making up about 0.87% of the company's stock.
• Insider trading activity includes CFO Stefan J. Murry selling 12,000 shares while Director William H. Yeh acquired 4,000 shares, indicating mixed confidence among company leadership.
• Applied Optoelectronics reported a net loss of ($0.16) earnings per share for the last quarter, missing analyst estimates by ($0.08), despite a 137.9% year-over-year revenue increase.

Alyeska Investment Group L.P. acquired a new stake in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 485,659 shares of the semiconductor company's stock, valued at approximately $7,455,000. Alyeska Investment Group L.P. owned 0.87% of Applied Optoelectronics at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in AAOI. AlphaQuest LLC raised its holdings in shares of Applied Optoelectronics by 243.9% during the 1st quarter. AlphaQuest LLC now owns 2,297 shares of the semiconductor company's stock worth $35,000 after acquiring an additional 1,629 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Applied Optoelectronics during the 1st quarter worth approximately $66,000. State of Wyoming purchased a new stake in shares of Applied Optoelectronics during the 1st quarter worth approximately $77,000. Twin Tree Management LP raised its holdings in shares of Applied Optoelectronics by 15,573.4% during the 1st quarter. Twin Tree Management LP now owns 10,031 shares of the semiconductor company's stock worth $154,000 after acquiring an additional 9,967 shares in the last quarter. Finally, ProShare Advisors LLC purchased a new stake in shares of Applied Optoelectronics during the 4th quarter worth approximately $423,000. 61.72% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Needham & Company LLC initiated coverage on Applied Optoelectronics in a report on Friday, July 25th. They set a "buy" rating and a $32.00 price objective on the stock. Rosenblatt Securities upped their price objective on Applied Optoelectronics from $30.00 to $34.00 and gave the company a "buy" rating in a research report on Thursday, June 26th. Wall Street Zen lowered Applied Optoelectronics from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Wolfe Research initiated coverage on Applied Optoelectronics in a research note on Tuesday, July 8th. They set a "peer perform" rating on the stock. Finally, Northland Securities set a $30.00 target price on Applied Optoelectronics in a research note on Friday, August 8th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $27.20.

Insider Activity

In related news, Director William H. Yeh purchased 4,000 shares of Applied Optoelectronics stock in a transaction that occurred on Thursday, August 14th. The stock was bought at an average cost of $21.40 per share, for a total transaction of $85,600.00. Following the completion of the transaction, the director owned 253,819 shares in the company, valued at $5,431,726.60. The trade was a 1.60% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Min-Chu (Mike) Chen purchased 7,500 shares of Applied Optoelectronics stock in a transaction that occurred on Wednesday, August 13th. The shares were bought at an average price of $22.91 per share, with a total value of $171,825.00. Following the completion of the transaction, the director owned 22,500 shares of the company's stock, valued at $515,475. This represents a 50.00% increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 44,100 shares of company stock valued at $1,000,878 and have sold 32,784 shares valued at $741,217. 4.50% of the stock is owned by company insiders.

Applied Optoelectronics Stock Performance

Shares of Applied Optoelectronics stock traded down $0.36 on Monday, reaching $23.63. 3,231,615 shares of the stock were exchanged, compared to its average volume of 4,869,848. The company has a quick ratio of 1.47, a current ratio of 2.11 and a debt-to-equity ratio of 0.36. Applied Optoelectronics, Inc. has a twelve month low of $9.71 and a twelve month high of $44.50. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of -7.03 and a beta of 2.91. The business has a 50 day moving average price of $24.97 and a two-hundred day moving average price of $19.81.

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

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.