Fulcrum Equity Management purchased a new stake in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,206 shares of the semiconductor company’s stock, valued at approximately $623,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Invesco Ltd. lifted its position in shares of Applied Optoelectronics by 5,208.9% during the 4th quarter. Invesco Ltd. now owns 3,512,309 shares of the semiconductor company’s stock worth $122,439,000 after purchasing an additional 3,446,150 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Applied Optoelectronics by 5,321.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,229,757 shares of the semiconductor company’s stock valued at $77,730,000 after buying an additional 2,188,630 shares during the last quarter. Morgan Stanley increased its position in Applied Optoelectronics by 157.1% in the 4th quarter. Morgan Stanley now owns 1,699,855 shares of the semiconductor company’s stock worth $59,257,000 after buying an additional 1,038,775 shares during the period. Hawk Ridge Capital Management LP increased its position in Applied Optoelectronics by 106.2% in the 4th quarter. Hawk Ridge Capital Management LP now owns 1,700,900 shares of the semiconductor company’s stock worth $59,293,000 after buying an additional 875,903 shares during the period. Finally, Artemis Investment Management LLP acquired a new position in shares of Applied Optoelectronics during the fourth quarter worth approximately $26,923,000. 61.70% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on AAOI shares. Wall Street Zen upgraded shares of Applied Optoelectronics from a “sell” rating to a “hold” rating in a research note on Saturday. Needham & Company LLC cut their target price on shares of Applied Optoelectronics from $220.00 to $190.00 and set a “buy” rating for the company in a research note on Friday. Weiss Ratings reissued a “sell (d-)” rating on shares of Applied Optoelectronics in a report on Tuesday, July 7th. B. Riley Financial restated a “neutral” rating on shares of Applied Optoelectronics in a research report on Friday. Finally, Raymond James Financial set a $151.00 price objective on shares of Applied Optoelectronics in a report on Friday. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $134.00.
Applied Optoelectronics Price Performance
NASDAQ:AAOI opened at $132.81 on Tuesday. The company has a 50-day moving average of $136.28 and a 200-day moving average of $119.37. The company has a market capitalization of $11.23 billion, a price-to-earnings ratio of -170.27 and a beta of 3.76. Applied Optoelectronics, Inc. has a 52 week low of $18.50 and a 52 week high of $233.67. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.13 and a current ratio of 2.78.
Applied Optoelectronics (NASDAQ:AAOI – Get Free Report) last posted its earnings results on Thursday, August 6th. The semiconductor company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. The business had revenue of $191.92 million for the quarter, compared to analysts’ expectations of $190.48 million. Applied Optoelectronics had a negative net margin of 9.57% and a negative return on equity of 1.98%. The firm’s revenue for the quarter was up 86.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.16) earnings per share. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. As a group, equities research analysts anticipate that Applied Optoelectronics, Inc. will post 0.6 earnings per share for the current fiscal year.
Insider Activity at Applied Optoelectronics
In related news, insider Hung-Lun (Fred) Chang sold 40,329 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $170.60, for a total transaction of $6,880,127.40. Following the completion of the sale, the insider owned 286,124 shares in the company, valued at $48,812,754.40. This trade represents a 12.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Stefan J. Murry sold 33,000 shares of Applied Optoelectronics stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $173.26, for a total transaction of $5,717,580.00. Following the transaction, the chief financial officer directly owned 451,906 shares of the company’s stock, valued at $78,297,233.56. This represents a 6.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 506,215 shares of company stock valued at $87,409,447. Insiders own 3.80% of the company’s stock.
About Applied Optoelectronics
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.
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