Deutsche Bank AG bought a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 50,726 shares of the semiconductor company's stock, valued at approximately $7,516,000. Deutsche Bank AG owned 0.06% of Applied Optoelectronics at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Perigon Wealth Management LLC purchased a new position in Applied Optoelectronics in the second quarter valued at about $208,000. Rice Hall James & Associates LLC acquired a new position in shares of Applied Optoelectronics during the second quarter worth about $8,263,000. Greenwoods Asset Management Hong Kong Ltd. purchased a new stake in shares of Applied Optoelectronics in the second quarter worth about $7,930,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Applied Optoelectronics in the second quarter worth about $1,401,000. Finally, Persistent Asset Partners Ltd acquired a new stake in shares of Applied Optoelectronics in the second quarter valued at about $47,000. Institutional investors and hedge funds own 61.70% of the company's stock.
Insider Buying and Selling at Applied Optoelectronics
In other Applied Optoelectronics news, CEO Chih-Hsiang (Thompson) Lin sold 59,000 shares of the business's stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $166.53, for a total transaction of $9,825,270.00. Following the completion of the transaction, the chief executive officer directly 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. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David C. Kuo sold 29,227 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 transaction of $4,867,172.31. Following the completion of the sale, the insider owned 149,078 shares in the company, valued at $24,825,959.34. The trade was a 16.39% 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 ninety days, insiders have sold 329,204 shares of company stock worth $56,587,341. 3.80% of the stock is owned by company insiders.
Analyst Ratings Changes
Several equities research analysts recently commented on AAOI shares. Weiss Ratings downgraded Applied Optoelectronics from a "sell (d-)" rating to a "sell (e+)" rating in a report on Monday, August 17th. B. Riley Financial reiterated a "neutral" rating on shares of Applied Optoelectronics in a research note on Friday, August 7th. Rosenblatt Securities restated a "buy" rating and issued a $220.00 target price on shares of Applied Optoelectronics in a research note on Friday, August 7th. Needham & Company LLC lowered 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. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $178.00 price objective on shares of Applied Optoelectronics in a report on Tuesday, August 11th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $139.40.
Read Our Latest Report on Applied Optoelectronics
Applied Optoelectronics Stock Performance
Shares of NASDAQ AAOI opened at $124.82 on Monday. The stock has a market capitalization of $10.56 billion, a P/E ratio of -160.03 and a beta of 3.76. The stock's 50 day moving average price is $127.73 and its two-hundred day moving average price is $125.42. The company has a quick ratio of 2.13, a current ratio of 2.78 and a debt-to-equity ratio of 0.12. Applied Optoelectronics, Inc. has a 52-week low of $18.50 and a 52-week high of $233.67.
Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last released its earnings results on Thursday, August 6th. The semiconductor company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.04. Applied Optoelectronics had a negative net margin of 9.57% and a negative return on equity of 1.98%. The firm had revenue of $191.92 million during the quarter, compared to analyst estimates of $190.48 million. During the same quarter in the previous year, the firm earned ($0.16) earnings per share. The firm's revenue for the quarter was up 86.3% compared to the same quarter last year. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. On average, analysts anticipate that Applied Optoelectronics, Inc. will post 0.55 earnings per share for the current fiscal year.
Applied Optoelectronics Company Profile
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Free Report)
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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