Quantitative Investment Management LLC purchased a new position in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 9,955 shares of the semiconductor company's stock, valued at approximately $1,474,000.
Other institutional investors also recently modified their holdings of the company. GTS Securities LLC bought a new stake in shares of Applied Optoelectronics in the 2nd quarter valued at $471,000. Wedbush Securities Inc. bought a new position in Applied Optoelectronics during the second quarter worth $465,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Applied Optoelectronics by 50.0% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 158,204 shares of the semiconductor company's stock worth $23,440,000 after buying an additional 52,728 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in Applied Optoelectronics by 460.2% in the second quarter. Hsbc Holdings PLC now owns 29,485 shares of the semiconductor company's stock valued at $4,302,000 after buying an additional 24,222 shares during the period. Finally, SPX Gestao de Recursos Ltda acquired a new position in Applied Optoelectronics in the second quarter valued at $5,260,000. 61.70% of the stock is owned by institutional investors.
Applied Optoelectronics Price Performance
AAOI stock opened at $107.69 on Tuesday. The stock has a market capitalization of $9.11 billion, a PE ratio of -138.06 and a beta of 3.76. The company's 50-day moving average is $120.47 and its 200-day moving average is $128.21. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.78 and a quick ratio of 2.13. Applied Optoelectronics, Inc. has a 1 year low of $18.50 and a 1 year high of $233.67.
Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of $0.02 by $0.04. Applied Optoelectronics had a negative return on equity of 1.98% and a negative net margin of 9.57%.The business had revenue of $191.92 million during the quarter, compared to analyst estimates of $190.48 million. During the same period in the previous year, the company posted ($0.16) EPS. The firm's revenue 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. Equities research analysts expect that Applied Optoelectronics, Inc. will post 0.55 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of brokerages have weighed in on AAOI. Rosenblatt Securities reiterated a "buy" rating and set a $220.00 price target on shares of Applied Optoelectronics in a report on Friday, August 7th. Needham & Company LLC dropped their price objective on Applied Optoelectronics from $220.00 to $190.00 and set a "buy" rating on the stock in a research note on Friday, August 7th. Raymond James Financial restated an "outperform" rating and set a $178.00 target price on shares of Applied Optoelectronics in a research report on Tuesday, August 11th. Weiss Ratings cut Applied Optoelectronics from a "sell (d-)" rating to a "sell (e+)" rating in a research note on Monday, August 17th. Finally, B. Riley Financial reiterated a "neutral" rating on shares of Applied Optoelectronics in a report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Applied Optoelectronics presently has an average rating of "Hold" and a consensus price target of $139.40.
Check Out Our Latest Report on AAOI
Insider Activity
In other news, insider David C. Kuo sold 29,227 shares of the company's stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $166.53, for a total transaction of $4,867,172.31. Following the transaction, the insider directly owned 149,078 shares of the company's stock, valued at $24,825,959.34. This represents a 16.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Chih-Hsiang (Thompson) Lin sold 59,000 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $166.53, for a total value of $9,825,270.00. Following the completion of the transaction, the chief executive officer owned 1,302,436 shares in the company, valued at approximately $216,894,667.08. This represents a 4.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 264,382 shares of company stock valued at $44,224,007. Corporate insiders own 3.80% of the company's stock.
About Applied Optoelectronics
(
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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