Insider Selling: Applied Optoelectronics (NASDAQ:AAOI) Insider Sells $720,180.00 in Stock

Key Points

• Insider sale: Applied Optoelectronics insider Shu-Hua Yeh sold 6,000 shares at an average price of $120.03, generating $720,180. The Rule 10b5-1 transaction reduced Yeh’s holdings by 1.59%, leaving 371,498 shares.
• Stock performance and results: AAOI shares recently traded at $122.54, with a 12-month range of $18.50 to $233.67. The company reported quarterly revenue of $191.92 million and EPS of $0.06, exceeding analyst expectations, while revenue rose 86.3% year over year.
• Analyst outlook: Ratings are mixed, with three Buy, two Hold, and one Sell recommendation. The consensus rating is Hold, with an average price target of $139.40.

Applied Optoelectronics, Inc. (NASDAQ:AAOI - Get Free Report) insider Shu-Hua Yeh sold 6,000 shares of the company's stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $120.03, for a total transaction of $720,180.00. Following the transaction, the insider owned 371,498 shares in the company, valued at $44,590,904.94. The trade was a 1.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Shu-Hua (Joshua) Yeh also recently made the following trade(s):

• On Tuesday, August 18th, Shu-Hua Yeh sold 6,000 shares of Applied Optoelectronics stock. The stock was sold at an average price of $147.73, for a total value of $886,380.00.
• On Tuesday, August 4th, Shu-Hua Yeh sold 4,715 shares of Applied Optoelectronics stock. The stock was sold at an average price of $126.50, for a total value of $596,447.50.
• On Tuesday, July 21st, Shu-Hua Yeh sold 1,285 shares of Applied Optoelectronics stock. The shares were sold at an average price of $120.02, for a total value of $154,225.70.

Applied Optoelectronics Stock Performance

Shares of NASDAQ:AAOI traded down $7.62 during trading on Wednesday, hitting $122.54. The stock had a trading volume of 10,537,164 shares, compared to its average volume of 10,241,971. Applied Optoelectronics, Inc. has a 12-month low of $18.50 and a 12-month high of $233.67. The stock has a market capitalization of $10.36 billion, a price-to-earnings ratio of -157.10 and a beta of 3.85. The company has a quick ratio of 2.13, a current ratio of 2.78 and a debt-to-equity ratio of 0.12. The stock has a 50-day simple moving average of $112.57 and a two-hundred day simple moving average of $133.32.

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last released its earnings results on Thursday, August 6th. The semiconductor company reported $0.06 EPS for the quarter, topping 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 firm had revenue of $191.92 million during the quarter, compared to the consensus estimate of $190.48 million. During the same quarter in the previous year, the company posted ($0.16) earnings per share. The company'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. On average, equities research analysts expect that Applied Optoelectronics, Inc. will post 0.55 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have weighed in on AAOI. B. Riley Financial reaffirmed a "neutral" rating on shares of Applied Optoelectronics in a research report on Friday, August 7th. Rosenblatt Securities reiterated a "buy" rating and set a $220.00 price target on shares of Applied Optoelectronics in a research report on Friday, August 7th. Weiss Ratings downgraded Applied Optoelectronics from a "sell (d-)" rating to a "sell (e+)" rating in a report on Monday, August 17th. Needham & Company LLC lowered their price objective on Applied Optoelectronics from $220.00 to $190.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. Finally, Raymond James Financial reaffirmed an "outperform" rating and set a $178.00 price objective on shares of Applied Optoelectronics in a research note on Tuesday, August 11th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $139.40.

Institutional Trading of Applied Optoelectronics

Institutional investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of Applied Optoelectronics in the second quarter valued at about $955,672,000. Renaissance Technologies LLC acquired a new stake in Applied Optoelectronics during the first quarter worth about $47,817,000. William Blair Investment Management LLC purchased a new position in Applied Optoelectronics during the second quarter worth about $74,703,000. Next Century Growth Investors LLC purchased a new position in Applied Optoelectronics during the fourth quarter worth about $16,220,000. Finally, Kennedy Capital Management LLC acquired a new position in Applied Optoelectronics in the 4th quarter valued at about $15,586,000. 61.70% of the stock is owned by institutional investors and hedge funds.

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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