Key Points
- Insider sale: Applied Optoelectronics insider Shu-Hua (Joshua) Yeh sold 6,000 shares at an average price of $120.03, generating $720,180. The Rule 10b5-1 transaction reduced his holdings by 1.59%, leaving him with 371,498 shares.
- Stock and financial performance: AAOI opened at $122.54 after a 5.9% decline, with shares ranging from $18.50 to $233.67 over the past year. Its latest quarterly results exceeded estimates, with EPS of $0.06 and revenue of $191.92 million, up 86.3% year over year.
- Market outlook: Institutional investors own 61.7% of the company, while analyst sentiment is mixed, resulting in an overall “Hold” rating and a consensus price target of $139.40.
Applied Optoelectronics, Inc. (NASDAQ:AAOI - Get Free Report) insider Shu-Hua Yeh sold 6,000 shares of the business's stock in a transaction on Monday, October 5th. The stock was sold at an average price of $120.03, for a total transaction of $720,180.00. Following the sale, the insider directly owned 371,498 shares in the company, valued at approximately $44,590,904.94. The trade was a 1.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Shu-Hua (Joshua) Yeh also recently made the following trade(s):
- On Tuesday, August 18th, Shu-Hua Yeh sold 6,000 shares of Applied Optoelectronics stock. The stock was sold at an average price of $147.73, for a total transaction of $886,380.00.
- On Tuesday, August 4th, Shu-Hua Yeh sold 4,715 shares of Applied Optoelectronics stock. The shares were sold at an average price of $126.50, for a total value of $596,447.50.
- On Tuesday, July 21st, Shu-Hua Yeh sold 1,285 shares of Applied Optoelectronics stock. The shares were sold at an average price of $120.02, for a total value of $154,225.70.
Applied Optoelectronics Trading Down 5.9%
NASDAQ AAOI opened at $122.54 on Thursday. The company has a market cap of $10.36 billion, a price-to-earnings ratio of -157.10 and a beta of 3.85. Applied Optoelectronics, Inc. has a twelve month low of $18.50 and a twelve month high of $233.67. The company has a quick ratio of 2.13, a current ratio of 2.78 and a debt-to-equity ratio of 0.12. The business's fifty day moving average is $113.49 and its 200 day moving average is $133.47.
Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.02 by $0.04. The business had revenue of $191.92 million during the quarter, compared to analysts' expectations of $190.48 million. Applied Optoelectronics had a negative return on equity of 1.98% and a negative net margin of 9.57%.The business's revenue for the quarter was up 86.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.16) EPS. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. As a group, sell-side analysts expect that Applied Optoelectronics, Inc. will post 0.55 EPS for the current fiscal year.
Hedge Funds Weigh In On Applied Optoelectronics
A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in Applied Optoelectronics during the second quarter valued at $955,672,000. Renaissance Technologies LLC bought a new position in shares of Applied Optoelectronics in the 1st quarter worth about $47,817,000. William Blair Investment Management LLC bought a new position in shares of Applied Optoelectronics in the 2nd quarter worth about $74,703,000. Next Century Growth Investors LLC acquired a new position in shares of Applied Optoelectronics in the 4th quarter valued at about $16,220,000. Finally, Kennedy Capital Management LLC acquired a new position in shares of Applied Optoelectronics in the 4th quarter valued at about $15,586,000. 61.70% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on AAOI. Needham & Company LLC dropped their price objective on shares of Applied Optoelectronics from $220.00 to $190.00 and set a "buy" rating for the company in a report on Friday, August 7th. Weiss Ratings lowered shares of Applied Optoelectronics from a "sell (d-)" rating to a "sell (e+)" rating in a report on Monday, August 17th. Raymond James Financial restated an "outperform" rating and issued a $178.00 price target on shares of Applied Optoelectronics in a research report on Tuesday, August 11th. B. Riley Financial reaffirmed a "neutral" rating on shares of Applied Optoelectronics in a research note on Friday, August 7th. Finally, Wall Street Zen upgraded shares of Applied Optoelectronics from a "sell" rating to a "hold" rating in a report on Saturday, August 8th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $139.40.
View Our Latest Report on AAOI
Applied Optoelectronics Company Profile
(
Get Free Report)
Applied Optoelectronics, Inc (NASDAQ: AAOI) develops and manufactures fiber-optic networking products used to transmit data across broadband, data center, telecommunications and wireless networks. Its portfolio includes optical transceivers, modules, lasers, components and networking equipment designed for high-speed communications infrastructure.
The company serves communications service providers, cable television and broadband operators, internet content providers, data center operators and telecommunications customers.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
