Applied Optoelectronics, Inc. $AAOI Shares Sold by Wellington Management Group LLP

Key Points

• Wellington Management reduced its Applied Optoelectronics stake by 5.3% in the second quarter, selling 13,627 shares and retaining 244,081 shares valued at approximately $36.2 million. Institutional investors collectively own 61.7% of the company.
• Analyst sentiment is mixed, with three Buy, two Hold and one Sell ratings. The consensus rating is Hold, with an average price target of $139.40; Needham lowered its target to $190 while Rosenblatt maintained a $220 target.
• Applied Optoelectronics reported quarterly EPS of $0.06 versus a $0.02 estimate, while revenue rose 86.3% year over year to $191.92 million. The stock opened at $105.53, well below its 52-week high of $233.67.

Wellington Management Group LLP lowered its stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI - Free Report) by 5.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 244,081 shares of the semiconductor company's stock after selling 13,627 shares during the period. Wellington Management Group LLP owned 0.29% of Applied Optoelectronics worth $36,163,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in AAOI. California State Teachers Retirement System grew its holdings in shares of Applied Optoelectronics by 23.2% during the first quarter. California State Teachers Retirement System now owns 70,464 shares of the semiconductor company's stock valued at $5,961,000 after purchasing an additional 13,265 shares during the last quarter. Handelsbanken Fonder AB acquired a new position in Applied Optoelectronics during the 2nd quarter valued at approximately $7,719,000. BlackRock Inc. acquired a new position in Applied Optoelectronics during the 2nd quarter valued at approximately $955,672,000. Andar Capital Management HK Ltd bought a new position in Applied Optoelectronics during the 1st quarter worth $11,335,000. Finally, Assenagon Asset Management S.A. acquired a new stake in Applied Optoelectronics in the first quarter worth $4,125,000. Institutional investors own 61.70% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on AAOI shares. Needham & Company LLC reduced their price target on shares of Applied Optoelectronics from $220.00 to $190.00 and set a "buy" rating for the company in a report on Friday, August 7th. Rosenblatt Securities reissued a "buy" rating and set a $220.00 target price on shares of Applied Optoelectronics in a research note on Friday, August 7th. Weiss Ratings cut shares of Applied Optoelectronics from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Monday, August 17th. B. Riley Financial restated a "neutral" rating on shares of Applied Optoelectronics in a research note on Friday, August 7th. Finally, Wall Street Zen upgraded Applied Optoelectronics from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Applied Optoelectronics has a consensus rating of "Hold" and a consensus target price of $139.40.

Applied Optoelectronics Trading Up 5.1%

Applied Optoelectronics stock opened at $105.53 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.13 and a current ratio of 2.78. The firm has a market cap of $8.92 billion, a price-to-earnings ratio of -135.29 and a beta of 3.79. Applied Optoelectronics, Inc. has a 1 year low of $18.50 and a 1 year high of $233.67. The firm's 50 day moving average price is $117.34 and its two-hundred day moving average price is $129.24.

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.04. The business had revenue of $191.92 million during 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%.The company's revenue was up 86.3% compared to the same quarter last year. During the same period last year, the company posted ($0.16) EPS. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. On average, research analysts predict that Applied Optoelectronics, Inc. will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Shu-Hua Yeh sold 28,826 shares of the firm's stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $166.53, for a total value of $4,800,393.78. Following the completion of the transaction, the insider owned 400,207 shares of the company's stock, valued at approximately $66,646,471.71. This trade represents a 6.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Chih-Hsiang Lin sold 59,000 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $166.53, for a total value of $9,825,270.00. Following the completion of the sale, the chief executive officer owned 1,302,436 shares of the company's stock, valued at $216,894,667.08. The trade was a 4.33% decrease in their position. 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. Over the last 90 days, insiders sold 250,382 shares of company stock valued at $41,373,027. Company insiders own 3.80% of the company's stock.

Applied Optoelectronics Profile

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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