KLP Kapitalforvaltning AS Buys 3,400 Shares of Applied Optoelectronics, Inc. $AAOI

KLP Kapitalforvaltning AS lifted its position in Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 47.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 10,500 shares of the semiconductor company’s stock after purchasing an additional 3,400 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Applied Optoelectronics were worth $270,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in AAOI. Chung Wu Investment Group LLC bought a new position in Applied Optoelectronics during the 2nd quarter valued at about $344,000. GAMMA Investing LLC raised its stake in shares of Applied Optoelectronics by 85.9% in the second quarter. GAMMA Investing LLC now owns 1,785 shares of the semiconductor company’s stock valued at $46,000 after acquiring an additional 825 shares during the last quarter. Southland Equity Partners LLC acquired a new position in shares of Applied Optoelectronics in the 2nd quarter worth approximately $321,000. Rhumbline Advisers grew its position in Applied Optoelectronics by 1.1% during the 1st quarter. Rhumbline Advisers now owns 61,017 shares of the semiconductor company’s stock worth $937,000 after acquiring an additional 669 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Applied Optoelectronics by 10.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,579 shares of the semiconductor company’s stock valued at $393,000 after purchasing an additional 2,415 shares in the last quarter. Institutional investors and hedge funds own 61.72% of the company’s stock.

Insider Buying and Selling at Applied Optoelectronics

In related news, Director William H. Yeh acquired 4,000 shares of the company’s stock in a transaction that occurred on Thursday, August 14th. The stock was acquired at an average price of $21.40 per share, for a total transaction of $85,600.00. Following the completion of the acquisition, the director owned 253,819 shares of the company’s stock, valued at $5,431,726.60. This trade represents a 1.60% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Min-Chu (Mike) Chen bought 7,500 shares of the business’s stock in a transaction on Wednesday, August 13th. The stock was bought at an average cost of $22.91 per share, for a total transaction of $171,825.00. Following the purchase, the director directly owned 22,500 shares of the company’s stock, valued at approximately $515,475. This trade represents a 50.00% increase in their position. The disclosure for this purchase can be found here. Insiders acquired 44,100 shares of company stock valued at $1,000,878 over the last quarter. 4.50% of the stock is owned by corporate insiders.

Applied Optoelectronics Stock Up 2.5%

Shares of NASDAQ:AAOI opened at $31.92 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 stock has a market cap of $1.99 billion, a price-to-earnings ratio of -9.50 and a beta of 2.92. The company has a 50 day moving average of $26.59 and a 200-day moving average of $21.79. Applied Optoelectronics, Inc. has a one year low of $9.71 and a one year high of $44.50.

Applied Optoelectronics (NASDAQ:AAOI) last announced its quarterly earnings data on Thursday, August 7th. The semiconductor company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). Applied Optoelectronics had a negative net margin of 42.29% and a negative return on equity of 10.60%. The business had revenue of $102.95 million during the quarter, compared to the consensus estimate of $104.96 million. During the same period in the previous year, the business posted ($0.28) earnings per share. Applied Optoelectronics’s revenue was up 137.9% compared to the same quarter last year. Applied Optoelectronics has set its Q3 2025 guidance at -0.100–0.030 EPS. On average, sell-side analysts forecast that Applied Optoelectronics, Inc. will post -1.18 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. B. Riley reissued a “neutral” rating and issued a $15.00 price objective (up previously from $13.00) on shares of Applied Optoelectronics in a research note on Friday, August 8th. Wall Street Zen downgraded shares of Applied Optoelectronics from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Northland Securities set a $30.00 price objective on shares of Applied Optoelectronics in a research report on Friday, August 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Applied Optoelectronics in a research note on Wednesday, October 8th. Finally, Rosenblatt Securities upped their target price on shares of Applied Optoelectronics from $30.00 to $34.00 and gave the stock a “buy” rating in a research report on Thursday, June 26th. Four equities research 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. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $27.20.

About Applied Optoelectronics

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.