Canada Pension Plan Investment Board Takes Position in Applied Optoelectronics, Inc. $AAOI

Posted by Brian Himes on Aug 29th, 2026

Canada Pension Plan Investment Board purchased a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 188,500 shares of the semiconductor company’s stock, valued at approximately $27,928,000.

A number of other large investors have also added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in Applied Optoelectronics during the 2nd quarter worth $955,672,000. 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 valued at $122,439,000 after acquiring an additional 3,446,150 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of Applied Optoelectronics by 5,321.6% during 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 acquiring an additional 2,188,630 shares during the period. Morgan Stanley grew its holdings in shares of Applied Optoelectronics by 157.1% during the 4th quarter. Morgan Stanley now owns 1,699,855 shares of the semiconductor company’s stock worth $59,257,000 after purchasing an additional 1,038,775 shares in the last quarter. Finally, Hawk Ridge Capital Management LP grew its holdings in shares of Applied Optoelectronics by 106.2% during 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 purchasing an additional 875,903 shares in the last quarter. Institutional investors and hedge funds own 61.70% of the company’s stock.

Analysts Set New Price Targets

AAOI has been the topic of a number of recent analyst reports. Rosenblatt Securities restated a “buy” rating and issued a $220.00 price target on shares of Applied Optoelectronics in a research report on Friday, August 7th. B. Riley Financial reaffirmed a “neutral” rating on shares of Applied Optoelectronics in a research report on Friday, August 7th. Raymond James Financial reiterated an “outperform” rating and set a $178.00 price objective on shares of Applied Optoelectronics in a research note on Tuesday, August 11th. Wall Street Zen raised shares of Applied Optoelectronics from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Weiss Ratings cut shares of Applied Optoelectronics from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, August 17th. Three 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. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $139.40.

View Our Latest Analysis on AAOI

Applied Optoelectronics Trading Down 6.2%

Shares of AAOI stock opened at $106.23 on Friday. The stock’s fifty day moving average price is $121.74 and its two-hundred day moving average price is $127.24. The company has a market cap of $8.98 billion, a PE ratio of -136.19 and a beta of 3.76. Applied Optoelectronics, Inc. has a fifty-two week low of $18.50 and a fifty-two 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 quarterly 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 company had revenue of $191.92 million during the quarter, compared to analysts’ expectations of $190.48 million. During the same quarter in the previous year, the firm earned ($0.16) EPS. Applied Optoelectronics’s revenue was up 86.3% on a year-over-year basis. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. Equities analysts predict that Applied Optoelectronics, Inc. will post 0.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Chih-Hsiang (Thompson) Lin sold 59,000 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $166.53, for a total value of $9,825,270.00. Following the completion of the transaction, the chief executive officer owned 1,302,436 shares of the company’s stock, valued at approximately $216,894,667.08. This represents a 4.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Hung-Lun (Fred) Chang sold 40,329 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $170.60, for a total transaction of $6,880,127.40. Following the completion of the transaction, the insider directly owned 286,124 shares of the company’s stock, valued at $48,812,754.40. This trade represents a 12.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 272,629 shares of company stock valued at $45,881,654 over the last ninety days. 3.80% of the stock is owned by insiders.

Applied Optoelectronics Profile

(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.