Allspring Global Investments Holdings LLC Takes Position in Applied Optoelectronics, Inc. $AAOI

Key Points

• Allspring Global Investments acquired a new position in Applied Optoelectronics, Inc., purchasing 284,069 shares valued at approximately $7.2 million, representing about 0.51% of the company.
• In the last quarter, insiders purchased a total of 44,100 shares of Applied Optoelectronics stock worth over $1 million, indicating increased confidence from company executives.
• The company's earnings report showed a revenue increase of 137.9% year-over-year, although it reported a loss of ($0.16) EPS, missing analyst expectations.

Allspring Global Investments Holdings LLC acquired a new position in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 284,069 shares of the semiconductor company's stock, valued at approximately $7,201,000. Allspring Global Investments Holdings LLC owned about 0.51% of Applied Optoelectronics at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the company. AlphaQuest LLC grew its holdings in Applied Optoelectronics by 243.9% during the first quarter. AlphaQuest LLC now owns 2,297 shares of the semiconductor company's stock worth $35,000 after purchasing an additional 1,629 shares during the period. GAMMA Investing LLC boosted its stake in shares of Applied Optoelectronics by 85.9% during the 2nd quarter. GAMMA Investing LLC now owns 1,785 shares of the semiconductor company's stock worth $46,000 after acquiring an additional 825 shares during the period. CWM LLC increased its holdings in shares of Applied Optoelectronics by 175.5% during the 2nd quarter. CWM LLC now owns 2,218 shares of the semiconductor company's stock worth $57,000 after acquiring an additional 1,413 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Applied Optoelectronics during the 1st quarter worth approximately $66,000. Finally, State of Wyoming bought a new stake in Applied Optoelectronics in the 1st quarter valued at $77,000. 61.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Chih-Hsiang (Thompson) Lin purchased 3,250 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The stock was acquired at an average price of $22.65 per share, with a total value of $73,612.50. Following the completion of the purchase, the chief executive officer directly owned 1,655,415 shares in the company, valued at $37,495,149.75. This trade represents a 0.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Min-Chu (Mike) Chen acquired 7,500 shares of Applied Optoelectronics stock in a transaction on Wednesday, August 13th. The shares were purchased at an average price of $22.91 per share, for a total transaction of $171,825.00. Following the completion of the purchase, the director directly owned 22,500 shares of the company's stock, valued at approximately $515,475. This represents a 50.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 44,100 shares of company stock worth $1,000,878. 4.50% of the stock is owned by insiders.

Applied Optoelectronics Stock Performance

NASDAQ AAOI opened at $31.92 on Monday. The firm has a 50-day moving average price of $26.59 and a two-hundred day moving average price of $21.79. Applied Optoelectronics, Inc. has a 12-month low of $9.71 and a 12-month high of $44.50. The company has a market capitalization of $1.99 billion, a P/E ratio of -9.50 and a beta of 2.92. 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 (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 for the quarter, compared to the consensus estimate 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 for the quarter was up 137.9% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.28) earnings per share. 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 year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on AAOI. Rosenblatt Securities lifted 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. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Applied Optoelectronics in a report on Wednesday, October 8th. Needham & Company LLC assumed coverage on shares of Applied Optoelectronics in a report on Friday, July 25th. They issued a "buy" rating and a $32.00 price target on the stock. B. Riley restated a "neutral" rating and set a $15.00 price objective (up previously from $13.00) on shares of Applied Optoelectronics in a report on Friday, August 8th. Finally, Wolfe Research started coverage on Applied Optoelectronics in a research report on Tuesday, July 8th. They issued a "peer perform" rating on the stock. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Applied Optoelectronics currently has a consensus rating of "Hold" and an average 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.

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