Geneos Wealth Management Inc. Acquires New Position in Applied Optoelectronics, Inc. $AAOI

Key Points

• Geneos Wealth Management bought a new position in Applied Optoelectronics (NASDAQ:AAOI) in Q4, acquiring 17,829 shares valued at about $622,000, joining other institutions as institutional ownership stands at 61.70%.
• Insiders have been heavy sellers, disposing of 326,333 shares worth roughly $29.8 million in the last 90 days, including notable sales by David C. Kuo and Shu‑Hua (Joshua) Yeh.
• The stock opened at $145.78 (market cap ~$11.51B) after quarterly results showed a revenue beat and 33.9% YoY growth, but management guided Q1 2026 to negative EPS and analysts maintain a consensus "Hold" with a target of $52.80, well below the current price.

Geneos Wealth Management Inc. bought a new position in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 17,829 shares of the semiconductor company's stock, valued at approximately $622,000.

Several other institutional investors and hedge funds also recently made changes to their positions in AAOI. Comerica Bank acquired a new position in shares of Applied Optoelectronics in the 3rd quarter valued at $28,000. Headlands Technologies LLC acquired a new stake in shares of Applied Optoelectronics during the second quarter worth $57,000. Wexford Capital LP bought a new stake in Applied Optoelectronics in the third quarter valued at about $95,000. SeaCrest Wealth Management LLC bought a new stake in Applied Optoelectronics in the fourth quarter valued at about $206,000. Finally, CoreCap Advisors LLC lifted its stake in Applied Optoelectronics by 711.4% in the third quarter. CoreCap Advisors LLC now owns 5,712 shares of the semiconductor company's stock valued at $148,000 after buying an additional 5,008 shares during the period. Institutional investors own 61.70% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Wall Street Zen cut Applied Optoelectronics from a "hold" rating to a "sell" rating in a report on Monday, April 13th. B. Riley Financial upgraded shares of Applied Optoelectronics from a "sell" rating to a "neutral" rating and set a $54.00 price target on the stock in a research report on Friday, February 27th. Needham & Company LLC lifted their price objective on shares of Applied Optoelectronics from $43.00 to $80.00 and gave the stock a "buy" rating in a research note on Friday, February 27th. Weiss Ratings restated a "sell (d-)" rating on shares of Applied Optoelectronics in a report on Wednesday, January 21st. Finally, Northland Securities reaffirmed a "market perform" rating and issued a $55.00 target price on shares of Applied Optoelectronics in a research note on Friday, February 27th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Applied Optoelectronics has a consensus rating of "Hold" and a consensus target price of $52.80.

Applied Optoelectronics Stock Down 10.1%

NASDAQ:AAOI opened at $145.78 on Tuesday. Applied Optoelectronics, Inc. has a 1 year low of $11.86 and a 1 year high of $173.41. The stock has a 50-day moving average price of $106.07 and a two-hundred day moving average price of $58.99. The stock has a market cap of $11.51 billion, a price-to-earnings ratio of -224.28 and a beta of 3.23. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.18.

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The semiconductor company reported ($0.01) EPS for the quarter, topping analysts' consensus estimates of ($0.12) by $0.11. Applied Optoelectronics had a negative return on equity of 5.29% and a negative net margin of 8.39%.The company had revenue of $134.27 million for the quarter, compared to analyst estimates of $131.56 million. During the same quarter last year, the firm posted ($0.02) earnings per share. Applied Optoelectronics's revenue was up 33.9% compared to the same quarter last year. Applied Optoelectronics has set its Q1 2026 guidance at -0.090-0.000 EPS. As a group, equities analysts expect that Applied Optoelectronics, Inc. will post 0.66 earnings per share for the current year.

Insider Activity

In other news, insider David C. Kuo sold 29,000 shares of the stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $100.13, for a total transaction of $2,903,770.00. Following the completion of the sale, the insider owned 82,663 shares of the company's stock, valued at $8,277,046.19. This represents a 25.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shu-Hua (Joshua) Yeh sold 50,000 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $97.10, for a total transaction of $4,855,000.00. Following the sale, the insider directly owned 322,051 shares of the company's stock, valued at $31,271,152.10. This represents a 13.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 326,333 shares of company stock worth $29,802,706. Corporate insiders own 4.50% of the company's stock.

About Applied Optoelectronics

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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