Wealthfront Advisers LLC Takes Position in Applied Optoelectronics, Inc. $AAOI

Wealthfront Advisers LLC bought a new position in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,663 shares of the semiconductor company’s stock, valued at approximately $394,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Applied Optoelectronics by 10.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,579 shares of the semiconductor company’s stock valued at $393,000 after acquiring an additional 2,415 shares during the period. Cetera Investment Advisers acquired a new stake in Applied Optoelectronics during the 2nd quarter worth approximately $377,000. New York State Common Retirement Fund lifted its position in Applied Optoelectronics by 36.0% during the 2nd quarter. New York State Common Retirement Fund now owns 17,000 shares of the semiconductor company’s stock worth $437,000 after acquiring an additional 4,500 shares during the period. Invesco Ltd. increased its holdings in shares of Applied Optoelectronics by 50.0% in the second quarter. Invesco Ltd. now owns 60,817 shares of the semiconductor company’s stock valued at $1,562,000 after purchasing an additional 20,261 shares during the period. Finally, First Trust Advisors LP acquired a new position in shares of Applied Optoelectronics in the second quarter valued at approximately $952,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

Insider Buying and Selling at Applied Optoelectronics

In other news, insider Shu-Hua (Joshua) Yeh sold 39,154 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $173.26, for a total value of $6,783,822.04. Following the completion of the transaction, the insider owned 462,430 shares in the company, valued at $80,120,621.80. This trade represents a 7.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Cynthia Delaney sold 56,575 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $189.23, for a total value of $10,705,687.25. Following the completion of the sale, the director owned 59,647 shares in the company, valued at approximately $11,287,001.81. This represents a 48.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 500,215 shares of company stock worth $86,658,774. Company insiders own 3.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AAOI. Needham & Company LLC cut their price target on Applied Optoelectronics from $260.00 to $220.00 and set a “buy” rating for the company in a research note on Wednesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Applied Optoelectronics in a research report on Tuesday, July 7th. Raymond James Financial reissued an “outperform” rating on shares of Applied Optoelectronics in a research note on Wednesday, June 10th. Rosenblatt Securities restated a “buy” rating and set a $220.00 price objective on shares of Applied Optoelectronics in a research report on Monday, June 22nd. Finally, Wall Street Zen cut shares of Applied Optoelectronics from a “hold” rating to a “sell” rating in a research note on Monday, April 13th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $141.80.

Applied Optoelectronics Stock Performance

Shares of AAOI stock opened at $110.52 on Thursday. The company has a current ratio of 3.83, a quick ratio of 3.03 and a debt-to-equity ratio of 0.18. The stock has a 50 day simple moving average of $154.12 and a 200-day simple moving average of $112.68. The company has a market cap of $8.87 billion, a price-to-earnings ratio of -167.45 and a beta of 3.69. Applied Optoelectronics, Inc. has a 12-month low of $18.50 and a 12-month high of $233.67.

Applied Optoelectronics (NASDAQ:AAOI) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). The business had revenue of $151.14 million for the quarter, compared to analyst estimates of $156.98 million. Applied Optoelectronics had a negative return on equity of 4.64% and a negative net margin of 8.55%.The company’s revenue was up 51.3% on a year-over-year basis. During the same period in the prior year, the company earned ($0.02) EPS. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. On average, equities analysts forecast that Applied Optoelectronics, Inc. will post 0.6 EPS for the current year.

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.