Caitong International Asset Management Co. Ltd Sells 21,251 Shares of Applied Optoelectronics, Inc. $AAOI

Caitong International Asset Management Co. Ltd lowered its position in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 91.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,977 shares of the semiconductor company’s stock after selling 21,251 shares during the quarter. Caitong International Asset Management Co. Ltd’s holdings in Applied Optoelectronics were worth $51,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in AAOI. Bank of New York Mellon Corp lifted its stake in Applied Optoelectronics by 3.5% during the first quarter. Bank of New York Mellon Corp now owns 129,490 shares of the semiconductor company’s stock worth $1,988,000 after purchasing an additional 4,359 shares during the last quarter. China Universal Asset Management Co. Ltd. lifted its stake in Applied Optoelectronics by 31.1% during the first quarter. China Universal Asset Management Co. Ltd. now owns 40,000 shares of the semiconductor company’s stock worth $614,000 after purchasing an additional 9,500 shares during the last quarter. Arizona State Retirement System increased its holdings in shares of Applied Optoelectronics by 15.9% in the first quarter. Arizona State Retirement System now owns 13,036 shares of the semiconductor company’s stock worth $200,000 after buying an additional 1,790 shares during the period. Royce & Associates LP increased its holdings in shares of Applied Optoelectronics by 15.2% in the first quarter. Royce & Associates LP now owns 876,543 shares of the semiconductor company’s stock worth $13,455,000 after buying an additional 115,853 shares during the period. Finally, Blueshift Asset Management LLC purchased a new position in shares of Applied Optoelectronics in the first quarter worth about $291,000. Institutional investors own 61.72% of the company’s stock.

Insider Activity at Applied Optoelectronics

In related news, insider Hung-Lun (Fred) Chang sold 15,784 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $22.70, for a total transaction of $358,296.80. Following the transaction, the insider owned 256,326 shares in the company, valued at $5,818,600.20. The trade was a 5.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director William H. Yeh bought 14,000 shares of Applied Optoelectronics stock in a transaction on Wednesday, August 13th. The shares were purchased at an average price of $22.86 per share, for a total transaction of $320,040.00. Following the acquisition, the director directly owned 249,819 shares in the company, valued at approximately $5,710,862.34. This trade represents a 5.94% increase in their position. The disclosure for this purchase can be found here. Insiders have bought 44,100 shares of company stock worth $1,000,878 over the last 90 days. 4.50% of the stock is owned by insiders.

Applied Optoelectronics Stock Up 8.3%

Shares of NASDAQ:AAOI opened at $34.01 on Friday. Applied Optoelectronics, Inc. has a 1 year low of $9.71 and a 1 year high of $44.50. The company has a market cap of $2.12 billion, a PE ratio of -10.12 and a beta of 2.92. 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’s 50-day moving average is $27.65 and its 200 day moving average is $22.47.

Applied Optoelectronics (NASDAQ:AAOI) last announced its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $104.96 million. During the same quarter in the prior year, the firm earned ($0.28) EPS. The firm’s revenue for the quarter was up 137.9% on a year-over-year basis. Applied Optoelectronics has set its Q3 2025 guidance at -0.100–0.030 EPS. Sell-side analysts anticipate that Applied Optoelectronics, Inc. will post -1.18 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Raymond James Financial lifted their price objective on Applied Optoelectronics from $18.00 to $25.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Northland Securities set a $30.00 price objective on Applied Optoelectronics in a report on Friday, August 8th. Wall Street Zen downgraded Applied Optoelectronics from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Applied Optoelectronics in a report on Friday. Finally, Wolfe Research assumed coverage on Applied Optoelectronics in a report on Tuesday, July 8th. They issued a “peer perform” rating on the stock. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $27.20.

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.