Swiss National Bank Buys 11,800 Shares of Applied Optoelectronics, Inc. $AAOI

Key Points

• The Swiss National Bank increased its stake in Applied Optoelectronics by 15.4%, owning approximately 0.16% of the company worth $1,354,000 after acquiring additional shares.
• Insider transactions included CEO Chih-Hsiang Lin purchasing 8,850 shares and Director Min-Chu Chen acquiring 7,500 shares, indicating confidence in the company amidst mixed performance.
• Applied Optoelectronics reported a loss of $0.16 per share for the last quarter, missing estimates, despite quarterly revenue increasing 137.9% year-over-year.

Swiss National Bank raised its stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI - Free Report) by 15.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,200 shares of the semiconductor company's stock after buying an additional 11,800 shares during the period. Swiss National Bank owned 0.16% of Applied Optoelectronics worth $1,354,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Applied Optoelectronics by 14.4% in the first quarter. Vanguard Group Inc. now owns 2,779,563 shares of the semiconductor company's stock valued at $42,666,000 after buying an additional 350,145 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in Applied Optoelectronics by 182.7% in the first quarter. Assenagon Asset Management S.A. now owns 976,520 shares of the semiconductor company's stock valued at $14,990,000 after buying an additional 631,128 shares in the last quarter. Royce & Associates LP boosted its position in Applied Optoelectronics by 15.2% in the first quarter. Royce & Associates LP now owns 876,543 shares of the semiconductor company's stock valued at $13,455,000 after buying an additional 115,853 shares in the last quarter. Nomura Holdings Inc. acquired a new stake in Applied Optoelectronics in the fourth quarter valued at approximately $31,331,000. Finally, Jefferies Financial Group Inc. acquired a new stake in Applied Optoelectronics in the fourth quarter valued at approximately $23,354,000. Institutional investors and hedge funds own 61.72% of the company's stock.

Insider Buying and Selling at Applied Optoelectronics

In related news, insider Hung-Lun (Fred) Chang sold 15,784 shares of Applied Optoelectronics stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $22.70, for a total transaction of $358,296.80. Following the completion of the transaction, the insider owned 256,326 shares of the company's stock, valued at $5,818,600.20. This trade represents a 5.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Min-Chu (Mike) Chen bought 7,500 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average cost of $22.91 per share, with a total value of $171,825.00. Following the purchase, the director directly owned 22,500 shares of the company's stock, valued at $515,475. The trade was a 50.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 44,100 shares of company stock valued at $1,000,878 and have sold 32,784 shares valued at $741,217. Corporate insiders own 4.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on AAOI shares. Wolfe Research started coverage on shares of Applied Optoelectronics in a research note on Tuesday, July 8th. They set a "peer perform" rating for the company. Raymond James Financial raised their price target on shares of Applied Optoelectronics from $18.00 to $25.00 and gave the company an "outperform" rating in a research note on Friday, August 8th. Needham & Company LLC started coverage on shares of Applied Optoelectronics in a research note on Friday, July 25th. They set a "buy" rating and a $32.00 price target for the company. Rosenblatt Securities raised their price target on shares of Applied Optoelectronics from $30.00 to $34.00 and gave the company a "buy" rating in a research note on Thursday, June 26th. Finally, Wall Street Zen downgraded 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 company's stock. Based on data from MarketBeat.com, Applied Optoelectronics has an average rating of "Moderate Buy" and a consensus target price of $27.20.

Applied Optoelectronics Trading Down 5.1%

NASDAQ AAOI traded down $1.29 during mid-day trading on Friday, reaching $24.20. 3,695,546 shares of the stock were exchanged, compared to its average volume of 5,597,275. Applied Optoelectronics, Inc. has a one year low of $9.13 and a one year high of $44.50. The stock has a 50 day simple moving average of $25.18 and a 200-day simple moving average of $19.94. The stock has a market cap of $1.51 billion, a P/E ratio of -7.20 and a beta of 2.91. 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 (NASDAQ:AAOI - Get Free Report) last announced its earnings results on Thursday, August 7th. The semiconductor company reported ($0.16) earnings per share 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 the consensus estimate of $104.96 million. During the same period in the prior year, the business earned ($0.28) EPS. Applied Optoelectronics's quarterly revenue was up 137.9% on a year-over-year basis. Applied Optoelectronics has set its Q3 2025 guidance at -0.100--0.030 EPS. On average, analysts anticipate that Applied Optoelectronics, Inc. will post -1.18 EPS for the current 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.