Applied Optoelectronics, Inc. $AAOI Stake Lifted by Portolan Capital Management LLC

Portolan Capital Management LLC lifted its stake in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 20.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 546,219 shares of the semiconductor company’s stock after acquiring an additional 90,897 shares during the quarter. Portolan Capital Management LLC owned about 0.80% of Applied Optoelectronics worth $14,163,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Applied Optoelectronics in the second quarter worth approximately $49,000. Headlands Technologies LLC acquired a new position in shares of Applied Optoelectronics during the 2nd quarter valued at $57,000. Ameritas Investment Partners Inc. increased its position in shares of Applied Optoelectronics by 28.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,488 shares of the semiconductor company’s stock valued at $141,000 after purchasing an additional 1,226 shares during the period. CoreCap Advisors LLC raised its stake in shares of Applied Optoelectronics by 711.4% in the 3rd quarter. CoreCap Advisors LLC now owns 5,712 shares of the semiconductor company’s stock worth $148,000 after buying an additional 5,008 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its stake in shares of Applied Optoelectronics by 244.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 6,832 shares of the semiconductor company’s stock worth $176,000 after buying an additional 4,846 shares in the last quarter. Institutional investors own 61.70% of the company’s stock.

Insiders Place Their Bets

In related news, insider David C. Kuo sold 17,467 shares of Applied Optoelectronics stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $50.17, for a total value of $876,319.39. Following the transaction, the insider owned 111,663 shares of the company’s stock, valued at approximately $5,602,132.71. This trade represents a 13.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shu-Hua (Joshua) Yeh sold 50,000 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $97.10, for a total value of $4,855,000.00. Following the sale, the insider owned 322,051 shares in the company, valued at approximately $31,271,152.10. The trade was a 13.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 273,433 shares of company stock worth $23,341,962 over the last three months. Company insiders own 4.50% of the company’s stock.

Applied Optoelectronics Price Performance

Shares of NASDAQ:AAOI opened at $96.81 on Friday. The company has a market capitalization of $7.28 billion, a PE ratio of -148.94 and a beta of 3.20. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.91 and a current ratio of 2.63. The stock has a fifty day moving average of $55.65 and a 200-day moving average of $38.30. Applied Optoelectronics, Inc. has a one year low of $9.71 and a one year high of $128.96.

Applied Optoelectronics (NASDAQ:AAOI) last issued its earnings results on Thursday, February 26th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.11. The business had revenue of $134.27 million for the quarter, compared to analysts’ expectations of $131.56 million. Applied Optoelectronics had a negative return on equity of 5.29% and a negative net margin of 8.39%.The company’s quarterly revenue was up 33.9% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.02) EPS. Applied Optoelectronics has set its Q1 2026 guidance at -0.090-0.000 EPS. As a group, equities analysts anticipate that Applied Optoelectronics, Inc. will post -1.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on AAOI shares. B. Riley Financial raised Applied Optoelectronics from a “sell” rating to a “neutral” rating and set a $54.00 target price for the company in a research note on Friday, February 27th. Needham & Company LLC boosted their price target on shares of Applied Optoelectronics from $43.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of Applied Optoelectronics in a report on Wednesday, January 21st. Rosenblatt Securities restated a “buy” rating and set a $50.00 price objective on shares of Applied Optoelectronics in a research report on Thursday, February 19th. Finally, Northland Securities reaffirmed a “market perform” rating and issued a $55.00 price objective on shares of Applied Optoelectronics in a research note on Friday, February 27th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned 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 $52.80.

Applied Optoelectronics Profile

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.