Ieq Capital LLC purchased a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,002 shares of the semiconductor company’s stock, valued at approximately $2,815,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its holdings in shares of Applied Optoelectronics by 1.4% during the first quarter. Geneos Wealth Management Inc. now owns 18,072 shares of the semiconductor company’s stock valued at $1,529,000 after buying an additional 243 shares in the last quarter. Comerica Bank lifted its stake in Applied Optoelectronics by 27.6% in the 4th quarter. Comerica Bank now owns 1,386 shares of the semiconductor company’s stock worth $48,000 after acquiring an additional 300 shares in the last quarter. Persistent Asset Partners Ltd purchased a new stake in Applied Optoelectronics in the 2nd quarter worth about $47,000. Tema ETFs LLC acquired a new stake in Applied Optoelectronics during the 2nd quarter worth about $62,000. Finally, Silverleafe Capital Partners LLC boosted its position in Applied Optoelectronics by 13.4% during the 2nd quarter. Silverleafe Capital Partners LLC now owns 3,637 shares of the semiconductor company’s stock worth $539,000 after acquiring an additional 429 shares during the period. 61.70% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
AAOI has been the topic of a number of research analyst reports. Weiss Ratings downgraded shares of Applied Optoelectronics from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, August 17th. Wall Street Zen upgraded shares of Applied Optoelectronics from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. B. Riley Financial reissued a “neutral” rating on shares of Applied Optoelectronics in a research note on Friday, August 7th. Needham & Company LLC lowered their price target on shares of Applied Optoelectronics from $220.00 to $190.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $178.00 price target on shares of Applied Optoelectronics in a research note on Tuesday, August 11th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Applied Optoelectronics presently has an average rating of “Hold” and a consensus price target of $139.40.
Insider Activity at Applied Optoelectronics
In other news, insider Shu-Hua (Joshua) Yeh sold 28,826 shares of Applied Optoelectronics stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $166.53, for a total value of $4,800,393.78. Following the transaction, the insider owned 400,207 shares of the company’s stock, valued at $66,646,471.71. This trade represents a 6.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Chih-Hsiang (Thompson) Lin sold 59,000 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $166.53, for a total transaction of $9,825,270.00. Following the completion of the sale, the chief executive officer owned 1,302,436 shares of the company’s stock, valued at $216,894,667.08. The trade was a 4.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 272,629 shares of company stock valued at $45,881,654. 3.80% of the stock is owned by company insiders.
Applied Optoelectronics Stock Performance
AAOI opened at $107.63 on Tuesday. The company has a market cap of $9.10 billion, a PE ratio of -137.99 and a beta of 3.76. The stock has a 50-day moving average of $126.05 and a 200-day moving average of $125.85. 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 issued its quarterly earnings data 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. Applied Optoelectronics had a negative return on equity of 1.98% and a negative net margin of 9.57%.The business had revenue of $191.92 million for the quarter, compared to the consensus estimate of $190.48 million. During the same period last year, the business earned ($0.16) EPS. The firm’s revenue was up 86.3% compared to the same quarter last year. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. As a group, equities research analysts forecast that Applied Optoelectronics, Inc. will post 0.55 earnings per share for the current fiscal year.
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.
Featured Articles
- Five stocks we like better than Applied Optoelectronics
- Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
- Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain
- Snowflake Could Be Headed for New Highs Despite Insider Selling
- MongoDB Is Surging—And the Next Catalyst Is Almost Here
Want to see what other hedge funds are holding AAOI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Applied Optoelectronics, Inc. (NASDAQ:AAOI – Free Report).
Receive News & Ratings for Applied Optoelectronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Optoelectronics and related companies with MarketBeat.com's FREE daily email newsletter.
