Quantitative Investment Management LLC Buys Shares of 68,357 Applied Optoelectronics, Inc. $AAOI

Key Points

• Quantitative Investment Management LLC has purchased 68,357 shares of Applied Optoelectronics, Inc. (NASDAQ: AAOI), valued at approximately $1,049,000, which represents about 0.12% of the company's stock.
• A recent report by Wall Street Zen downgraded Applied Optoelectronics from a "hold" rating to a "sell," while Needham & Company LLC set a "buy" rating with a $32 target price.
• The company reported a loss of $0.16 EPS in its latest earnings results, missing the consensus estimate, but showed significant revenue growth of 137.9% compared to the same quarter last year.

Quantitative Investment Management LLC purchased a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 68,357 shares of the semiconductor company's stock, valued at approximately $1,049,000. Quantitative Investment Management LLC owned about 0.12% of Applied Optoelectronics as of its most recent SEC filing.

Several other large investors have also modified their holdings of AAOI. AlphaQuest LLC lifted its stake in shares of Applied Optoelectronics by 243.9% in the 1st quarter. AlphaQuest LLC now owns 2,297 shares of the semiconductor company's stock valued at $35,000 after purchasing an additional 1,629 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in Applied Optoelectronics during the 4th quarter worth about $63,000. Quantbot Technologies LP acquired a new stake in Applied Optoelectronics in the 1st quarter valued at about $66,000. Arizona State Retirement System raised its position in Applied Optoelectronics by 15.9% in the 1st quarter. Arizona State Retirement System now owns 13,036 shares of the semiconductor company's stock valued at $200,000 after purchasing an additional 1,790 shares in the last quarter. Finally, Blueshift Asset Management LLC acquired a new stake in Applied Optoelectronics in the 1st quarter valued at about $291,000. Institutional investors and hedge funds own 61.72% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Wall Street Zen downgraded Applied Optoelectronics from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Northland Securities set a $30.00 price target on Applied Optoelectronics in a research note on Friday, August 8th. Needham & Company LLC assumed coverage on Applied Optoelectronics in a research note on Friday, July 25th. They issued a "buy" rating and a $32.00 target price on the stock. B. Riley reiterated a "neutral" rating and issued a $15.00 target price (up from $13.00) on shares of Applied Optoelectronics in a research note on Friday, August 8th. Finally, Wolfe Research assumed coverage on Applied Optoelectronics in a research note on Tuesday, July 8th. They issued a "peer perform" rating on the stock. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $27.20.

Applied Optoelectronics Stock Up 4.6%

AAOI opened at $24.79 on Monday. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.11 and a quick ratio of 1.47. The business has a 50 day simple moving average of $24.65 and a 200-day simple moving average of $20.06. The stock has a market capitalization of $1.55 billion, a P/E ratio of -7.38 and a beta of 2.72. Applied Optoelectronics, Inc. has a 12 month low of $8.55 and a 12 month high of $44.50.

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last posted its quarterly 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 during the quarter, compared to analyst estimates of $104.96 million. Applied Optoelectronics had a negative net margin of 42.29% and a negative return on equity of 10.60%. The firm's quarterly revenue was up 137.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.28) earnings per share. Applied Optoelectronics has set its Q3 2025 guidance at -0.100--0.030 EPS. On average, equities analysts anticipate that Applied Optoelectronics, Inc. will post -1.18 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Stefan J. Murry sold 12,000 shares of Applied Optoelectronics stock in a transaction on Friday, August 15th. The stock was sold at an average price of $22.37, for a total transaction of $268,440.00. Following the completion of the transaction, the chief financial officer directly owned 298,477 shares of the company's stock, valued at approximately $6,676,930.49. The trade was a 3.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Min-Chu (Mike) Chen acquired 7,500 shares of Applied Optoelectronics 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 completion of the acquisition, the director owned 22,500 shares of the company's stock, valued at $515,475. The trade was a 50.00% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 44,100 shares of company stock valued at $1,000,878 and sold 32,784 shares valued at $741,217. Company insiders own 4.50% of the company's stock.

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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