485,659 Shares in Applied Optoelectronics, Inc. $AAOI Acquired by Alyeska Investment Group L.P.

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) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 485,659 shares of the semiconductor company's stock, valued at approximately $7,455,000. Alyeska Investment Group L.P. owned about 0.87% of Applied Optoelectronics at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company increased its holdings in shares of Applied Optoelectronics by 11.4% in the fourth quarter. The Manufacturers Life Insurance Company now owns 16,333 shares of the semiconductor company's stock valued at $602,000 after purchasing an additional 1,666 shares during the period. Northern Trust Corp lifted its holdings in shares of Applied Optoelectronics by 22.4% during the fourth quarter. Northern Trust Corp now owns 400,195 shares of the semiconductor company's stock worth $14,751,000 after purchasing an additional 73,112 shares during the period. Bank of America Corp DE boosted its position in Applied Optoelectronics by 1,058.6% in the fourth quarter. Bank of America Corp DE now owns 339,550 shares of the semiconductor company's stock valued at $12,516,000 after buying an additional 310,243 shares during the last quarter. Jefferies Financial Group Inc. acquired a new position in Applied Optoelectronics in the 4th quarter worth approximately $23,354,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Applied Optoelectronics by 13.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,164 shares of the semiconductor company's stock worth $854,000 after buying an additional 2,742 shares during the last quarter. Hedge funds and other institutional investors own 61.72% of the company's stock.

Insider Activity at Applied Optoelectronics

In related news, CEO Chih-Hsiang (Thompson) Lin acquired 8,850 shares of the firm's stock in a transaction on Wednesday, August 13th. The shares were acquired at an average cost of $22.53 per share, with a total value of $199,390.50. Following the completion of the acquisition, the chief executive officer directly owned 1,652,165 shares in the company, valued at approximately $37,223,277.45. This trade represents a 0.54% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director William H. Yeh bought 14,000 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were bought at an average cost of $22.86 per share, with a total value of $320,040.00. Following the purchase, the director directly owned 249,819 shares of the company's stock, valued at approximately $5,710,862.34. This represents a 5.94% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders acquired 44,100 shares of company stock valued at $1,000,878 and sold 32,784 shares valued at $741,217. Insiders own 4.50% of the company's stock.

Applied Optoelectronics Price Performance

AAOI stock traded down $0.87 during mid-day trading on Thursday, reaching $26.85. 5,407,177 shares of the company's stock were exchanged, compared to its average volume of 4,898,941. 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 12-month low of $9.71 and a 12-month high of $44.50. The stock's 50 day moving average is $24.92 and its 200 day moving average is $19.89. The company has a market cap of $1.67 billion, a price-to-earnings ratio of -7.99 and a beta of 2.91.

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last posted its quarterly earnings data 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 net margin of 42.29% and a negative return on equity of 10.60%. The business had revenue of $102.95 million during the quarter, compared to analysts' expectations of $104.96 million. During the same quarter last year, the firm earned ($0.28) earnings per share. The firm's quarterly revenue 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. On average, research analysts expect that Applied Optoelectronics, Inc. will post -1.18 EPS for the current year.

Wall Street Analysts Forecast Growth

AAOI has been the topic of several recent research reports. Wolfe Research assumed coverage on shares of Applied Optoelectronics in a report on Tuesday, July 8th. They issued a "peer perform" rating on the stock. Rosenblatt Securities boosted their price target on Applied Optoelectronics from $30.00 to $34.00 and gave the company a "buy" rating in a report on Thursday, June 26th. Needham & Company LLC began coverage on Applied Optoelectronics in a research report on Friday, July 25th. They issued a "buy" rating and a $32.00 price objective on the stock. B. Riley reaffirmed a "neutral" rating and set a $15.00 target price (up from $13.00) on shares of Applied Optoelectronics in a report on Friday, August 8th. Finally, Wall Street Zen cut shares of Applied Optoelectronics from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $27.20.

Applied Optoelectronics 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.