Hung-Lun (Fred) Chang Sells 34,000 Shares of Applied Optoelectronics (NASDAQ:AAOI) Stock

Posted by Brian Himes on Jun 18th, 2026

Applied Optoelectronics, Inc. (NASDAQ:AAOI – Get Free Report) insider Hung-Lun (Fred) Chang sold 34,000 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $166.53, for a total transaction of $5,662,020.00. Following the transaction, the insider directly owned 326,453 shares of the company’s stock, valued at $54,364,218.09. This represents a 9.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Hung-Lun (Fred) Chang also recently made the following trade(s):

On Friday, June 5th, Hung-Lun (Fred) Chang sold 4,000 shares of Applied Optoelectronics stock. The stock was sold at an average price of $200.07, for a total value of $800,280.00.
On Tuesday, May 19th, Hung-Lun (Fred) Chang sold 33,630 shares of Applied Optoelectronics stock. The stock was sold at an average price of $173.26, for a total value of $5,826,733.80.

Applied Optoelectronics Stock Down 2.0%

AAOI stock opened at $167.34 on Thursday. Applied Optoelectronics, Inc. has a twelve month low of $16.90 and a twelve month high of $233.67. The company has a market cap of $13.43 billion, a PE ratio of -253.55 and a beta of 3.66. The business’s 50-day simple moving average is $168.10 and its 200 day simple moving average is $95.69. The company has a quick ratio of 3.03, a current ratio of 3.83 and a debt-to-equity ratio of 0.18.

Applied Optoelectronics (NASDAQ:AAOI – Get Free Report) last released its earnings results on Thursday, May 7th. The semiconductor company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). Applied Optoelectronics had a negative return on equity of 4.64% and a negative net margin of 8.55%.The firm had revenue of $151.14 million for the quarter, compared to analyst estimates of $156.98 million. During the same period last year, the business earned ($0.02) earnings per share. The firm’s quarterly revenue was up 51.3% compared to the same quarter last year. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. On average, research analysts anticipate that Applied Optoelectronics, Inc. will post 0.6 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Wall Street Zen downgraded Applied Optoelectronics from a “hold” rating to a “sell” rating in a research report on Monday, April 13th. B. Riley Financial raised Applied Optoelectronics from a “sell” rating to a “neutral” rating and set a $54.00 target price on the stock in a research report on Friday, February 27th. Raymond James Financial reissued an “outperform” rating on shares of Applied Optoelectronics in a research report on Wednesday, June 10th. Northland Securities reissued a “market perform” rating and issued a $55.00 price target on shares of Applied Optoelectronics in a research report on Friday, February 27th. Finally, Needham & Company LLC raised their price target on shares of Applied Optoelectronics from $43.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $79.80.

Get Our Latest Research Report on Applied Optoelectronics

Key Applied Optoelectronics News

Here are the key news stories impacting Applied Optoelectronics this week:

Positive Sentiment: AAOI continues to benefit from trader enthusiasm around AI datacenter infrastructure and optical connectivity. Investors are still bidding up “AI plumbing” names that provide the fiber-optic gear needed for large-scale data centers. Article: Applied Optoelectronics Shares Are Climbing Monday: What’s Driving The Action?
Neutral Sentiment: Several insiders, including the CEO, CFO, and other executives, sold shares on June 12. The company said these sales were made to cover tax withholding tied to vesting equity awards, which makes them less alarming than discretionary selling, but the cluster of filings may still create some short-term pressure on sentiment. Article: Insider filing for Hung-Lun (Fred) Chang Article: Insider filing for David C. Kuo Article: Insider filing for Chih-Hsiang (Thompson) Lin Article: Insider filing for Stefan J. Murry Article: Insider filing for Shu-Hua (Joshua) Yeh
Negative Sentiment: Market commentary also highlighted a bearish comparison note from Jim Cramer, who favored Corning over Applied Optoelectronics. That could weigh on AAOI relative to peers in the optical networking space. Article: Jim Cramer Recommends Corning Over Applied Optoelectronics

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cinctive Capital Management LP bought a new position in Applied Optoelectronics during the third quarter worth about $800,000. Diker Management LLC bought a new position in Applied Optoelectronics during the third quarter worth about $519,000. Vanguard Group Inc. lifted its stake in Applied Optoelectronics by 13.6% during the third quarter. Vanguard Group Inc. now owns 4,624,570 shares of the semiconductor company’s stock worth $119,915,000 after purchasing an additional 551,910 shares during the period. 1492 Capital Management LLC bought a new position in Applied Optoelectronics during the fourth quarter worth about $7,529,000. Finally, FourThought Financial Partners LLC acquired a new stake in shares of Applied Optoelectronics during the fourth quarter worth approximately $367,000. Institutional investors own 61.70% of the company’s stock.

Applied Optoelectronics Company Profile

(Get 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.