Applied Optoelectronics (NASDAQ:AAOI) CFO Stefan Murry Sells 4,000 Shares of Company Stock

Key Points

• CFO Stefan Murry sold 4,000 Applied Optoelectronics shares at an average price of $102.87, generating $411,480. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, and he retains 363,168 shares.
• AAOI shares fell to $86.22, while the company has a wide 52-week range of $18.50 to $233.67. Applied Optoelectronics recently beat quarterly earnings expectations, reporting $0.06 EPS versus a $0.02 consensus estimate and 86.3% year-over-year revenue growth.
• Analysts have a consensus “Hold” rating with an average price target of $139.40; three analysts rate the stock a Buy, two a Hold and one a Sell. Institutional investors own 61.7% of the company.

Applied Optoelectronics, Inc. (NASDAQ:AAOI - Get Free Report) CFO Stefan Murry sold 4,000 shares of the firm's stock in a transaction on Monday, October 12th. The shares were sold at an average price of $102.87, for a total value of $411,480.00. Following the completion of the sale, the chief financial officer owned 363,168 shares in the company, valued at $37,359,092.16. The trade was a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Applied Optoelectronics Stock Performance

Shares of NASDAQ AAOI traded down $11.56 during midday trading on Wednesday, hitting $86.22. 14,554,169 shares of the company's stock were exchanged, compared to its average volume of 10,340,156. 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 twelve month low of $18.50 and a twelve month high of $233.67. The stock's 50 day moving average price is $113.25 and its 200-day moving average price is $133.48. The firm has a market cap of $7.29 billion, a P/E ratio of -110.54 and a beta of 3.85.

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last announced its earnings results on Thursday, August 6th. The semiconductor company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.02 by $0.04. The firm had revenue of $191.92 million for the quarter, compared to analysts' expectations of $190.48 million. Applied Optoelectronics had a negative return on equity of 1.98% and a negative net margin of 9.57%. The firm's quarterly revenue was up 86.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.16) earnings per share. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. Equities research analysts anticipate that Applied Optoelectronics, Inc. will post 0.55 EPS for the current year.

Institutional Trading of Applied Optoelectronics

Several hedge funds have recently modified their holdings of the company. California State Teachers Retirement System grew its holdings in Applied Optoelectronics by 23.2% during the 1st quarter. California State Teachers Retirement System now owns 70,464 shares of the semiconductor company's stock worth $5,961,000 after acquiring an additional 13,265 shares during the last quarter. Handelsbanken Fonder AB bought a new position in shares of Applied Optoelectronics in the second quarter worth about $7,719,000. BlackRock Inc. bought a new position in shares of Applied Optoelectronics in the second quarter worth about $955,672,000. Bank of America Corp DE bought a new position in shares of Applied Optoelectronics in the second quarter worth about $33,712,000. Finally, Quantitative Investment Management LLC acquired a new position in shares of Applied Optoelectronics during the second quarter worth approximately $1,474,000. Institutional investors and hedge funds own 61.70% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Rosenblatt Securities reissued a "buy" rating and issued a $220.00 price target on shares of Applied Optoelectronics in a research report on Friday, August 7th. B. Riley Financial reaffirmed a "neutral" rating on shares of Applied Optoelectronics in a research report on Friday, August 7th. Needham & Company LLC decreased their price objective on Applied Optoelectronics from $220.00 to $190.00 and set a "buy" rating on the stock in a report on Friday, August 7th. Wall Street Zen upgraded Applied Optoelectronics from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. Finally, Weiss Ratings cut Applied Optoelectronics from a "sell (d-)" rating to a "sell (e+)" rating in a report on Monday, August 17th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Applied Optoelectronics presently has a consensus rating of "Hold" and an average price target of $139.40.

About Applied Optoelectronics

Applied Optoelectronics, Inc NASDAQ: AAOI develops and manufactures fiber-optic networking products used to transmit data across broadband, data center, telecommunications and wireless networks. Its portfolio includes optical transceivers, modules, lasers, components and networking equipment designed for high-speed communications infrastructure.

The company serves communications service providers, cable television and broadband operators, internet content providers, data center operators and telecommunications customers.

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