89,938 Shares in Applied Optoelectronics, Inc. $AAOI Bought by Matthews International Capital Management LLC

Posted by George Bondi on Nov 11th, 2026

Matthews International Capital Management LLC purchased a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 89,938 shares of the semiconductor company’s stock, valued at approximately $8,927,000. Applied Optoelectronics accounts for approximately 3.6% of Matthews International Capital Management LLC’s portfolio, making the stock its 9th biggest position.

Other large investors have also recently modified their holdings of the company. AlphaCore Capital LLC grew its stake in shares of Applied Optoelectronics by 125.6% in the third quarter. AlphaCore Capital LLC now owns 4,077 shares of the semiconductor company’s stock worth $405,000 after purchasing an additional 2,270 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Applied Optoelectronics by 24.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 44,180 shares of the semiconductor company’s stock valued at $4,741,000 after purchasing an additional 8,786 shares during the last quarter. StoneX Group Inc. boosted its stake in Applied Optoelectronics by 231.6% during the 3rd quarter. StoneX Group Inc. now owns 13,584 shares of the semiconductor company’s stock valued at $1,306,000 after purchasing an additional 9,488 shares during the last quarter. Pictet Asset Management Holding SA raised its stake in shares of Applied Optoelectronics by 4.1% in the third quarter. Pictet Asset Management Holding SA now owns 12,045 shares of the semiconductor company’s stock worth $1,196,000 after purchasing an additional 471 shares during the last quarter. Finally, Fund Resources Investment Holding Group Co Ltd lifted its holdings in shares of Applied Optoelectronics by 283.0% in the third quarter. Fund Resources Investment Holding Group Co Ltd now owns 191,441 shares of the semiconductor company’s stock valued at $19,002,000 after purchasing an additional 141,453 shares in the last quarter. Institutional investors own 61.70% of the company’s stock.

Applied Optoelectronics Stock Performance

Applied Optoelectronics stock opened at $48.32 on Wednesday. The company has a current ratio of 2.34, a quick ratio of 1.77 and a debt-to-equity ratio of 0.10. The firm has a market cap of $4.39 billion, a P/E ratio of -112.37 and a beta of 4.04. Applied Optoelectronics, Inc. has a 1-year low of $18.50 and a 1-year high of $233.67. The firm has a 50-day moving average of $90.69 and a 200-day moving average of $113.37.

Applied Optoelectronics (NASDAQ:AAOI – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The semiconductor company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. The company had revenue of $269.88 million during the quarter, compared to analyst estimates of $268.11 million. Applied Optoelectronics had a negative return on equity of 0.17% and a negative net margin of 4.39%. The firm’s revenue was up 127.5% on a year-over-year basis. During the same quarter last year, the firm posted ($0.09) earnings per share. Sell-side analysts expect that Applied Optoelectronics, Inc. will post 0.55 EPS for the current year.

Insider Activity at Applied Optoelectronics

In other news, insider Hung-Lun Chang sold 32,172 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $110.21, for a total value of $3,545,676.12. Following the sale, the insider directly owned 249,276 shares of the company’s stock, valued at $27,472,707.96. The trade was a 11.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Stefan Murry sold 4,000 shares of the business’s stock in a transaction on Monday, October 12th. The stock was sold at an average price of $102.87, for a total value of $411,480.00. Following the completion of the sale, the chief financial officer directly owned 363,168 shares in the company, valued at $37,359,092.16. This trade represents a 1.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 52,172 shares of company stock valued at $5,985,036 in the last three months. Company insiders own 3.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AAOI. Weiss Ratings upgraded Applied Optoelectronics from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, October 21st. Wall Street Zen upgraded Applied Optoelectronics from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Rosenblatt Securities reduced their price objective on Applied Optoelectronics from $220.00 to $115.00 and set a “buy” rating on the stock in a research report on Friday, November 6th. Northland Securities raised Applied Optoelectronics from a “market perform” rating to an “outperform” rating and set a $120.00 price objective on the stock in a report on Monday, November 2nd. Finally, Needham & Company LLC dropped their target price on Applied Optoelectronics from $170.00 to $100.00 and set a “buy” rating for the company in a research report on Friday. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $111.60.

Read Our Latest Stock Report on AAOI

About Applied Optoelectronics

(Free Report)

Applied Optoelectronics, Inc. designs and manufactures fiber-optic networking products used to transmit data over cable, telecommunications and data center networks. Its offerings include optical transceivers and other optical components and equipment. The company serves customers in markets including broadband access, telecommunications and data centers. Founded in 1997 and headquartered in Sugar Land, Texas, Applied Optoelectronics has operations in the United States and Asia and serves customers internationally.