Applied Optoelectronics, Inc. (NASDAQ:AAOI - Get Free Report) insider David Kuo sold 29,000 shares of the stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $100.13, for a total value of $2,903,770.00. Following the sale, the insider directly owned 82,663 shares of the company's stock, valued at $8,277,046.19. The trade was a 25.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Applied Optoelectronics Stock Up 9.4%
AAOI stock opened at $95.76 on Tuesday. The stock has a market cap of $7.20 billion, a P/E ratio of -147.32 and a beta of 3.19. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.18. The stock's fifty day simple moving average is $62.56 and its two-hundred day simple moving average is $41.41. Applied Optoelectronics, Inc. has a 1-year low of $9.71 and a 1-year high of $128.96.
Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last announced its earnings results on Thursday, February 26th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.11. The firm had revenue of $134.27 million during the quarter, compared to analyst estimates of $131.56 million. Applied Optoelectronics had a negative return on equity of 5.29% and a negative net margin of 8.39%.The business's revenue was up 33.9% compared to the same quarter last year. During the same period last year, the firm posted ($0.02) EPS. Applied Optoelectronics has set its Q1 2026 guidance at -0.090-0.000 EPS. Analysts expect that Applied Optoelectronics, Inc. will post -1.18 EPS for the current year.
Hedge Funds Weigh In On Applied Optoelectronics
Large investors have recently modified their holdings of the business. Invesco Ltd. raised its position in shares of Applied Optoelectronics by 5,208.9% in the fourth quarter. Invesco Ltd. now owns 3,512,309 shares of the semiconductor company's stock valued at $122,439,000 after purchasing an additional 3,446,150 shares during the period. Price T Rowe Associates Inc. MD boosted 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 worth $77,730,000 after buying an additional 2,188,630 shares during the period. Morgan Stanley boosted its holdings 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 boosted its holdings 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 purchased a new position in Applied Optoelectronics in the 4th quarter valued at approximately $26,923,000. Hedge funds and other institutional investors own 61.70% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on AAOI shares. Northland Securities reiterated a "market perform" rating and issued a $55.00 target price on shares of Applied Optoelectronics in a research note on Friday, February 27th. B. Riley Financial raised shares of Applied Optoelectronics from a "sell" rating to a "neutral" rating and set a $54.00 price target on the stock in a report on Friday, February 27th. Needham & Company LLC increased their price objective on Applied Optoelectronics from $43.00 to $80.00 and gave the company a "buy" rating in a report on Friday, February 27th. Weiss Ratings reissued a "sell (d-)" rating on shares of Applied Optoelectronics in a research report on Wednesday, January 21st. Finally, Wall Street Zen upgraded Applied Optoelectronics from a "sell" rating to a "hold" rating in a research note on Saturday, February 28th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Applied Optoelectronics currently has an average rating of "Hold" and a consensus target price of $52.80.
Check Out Our Latest Analysis on AAOI
About Applied Optoelectronics
(
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.
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