21,168 Shares in Applied Optoelectronics, Inc. $AAOI Purchased by Capstone Capital Management Ltd

Capstone Capital Management Ltd acquired a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 21,168 shares of the semiconductor company’s stock, valued at approximately $2,101,000. Applied Optoelectronics comprises approximately 0.8% of Capstone Capital Management Ltd’s portfolio, making the stock its 19th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in the business. BlackRock Inc. bought a new stake in shares of Applied Optoelectronics during the second quarter valued at approximately $955,672,000. Renaissance Technologies LLC purchased a new position in Applied Optoelectronics during the 1st quarter valued at about $47,817,000. William Blair Investment Management LLC purchased a new stake in shares of Applied Optoelectronics in the 2nd quarter worth approximately $74,703,000. Bank of America Corp DE bought a new position in Applied Optoelectronics in the second quarter worth approximately $33,712,000. Finally, Bank of New York Mellon Corp purchased a new stake in Applied Optoelectronics during the second quarter worth $32,567,000. 61.70% of the stock is currently owned by institutional investors.

Applied Optoelectronics Stock Performance

NASDAQ:AAOI opened at $76.74 on Wednesday. The firm has a market capitalization of $6.49 billion, a price-to-earnings ratio of -98.38 and a beta of 3.85. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.78 and a quick ratio of 2.13. The company’s 50-day moving average is $108.14 and its two-hundred day moving average is $133.12. Applied Optoelectronics, Inc. has a 1-year low of $18.50 and a 1-year high of $233.67.

Applied Optoelectronics (NASDAQ:AAOI) last posted its earnings results on Thursday, August 6th. The semiconductor company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. The company had revenue of $191.92 million for the quarter, compared to the consensus estimate of $190.48 million. Applied Optoelectronics had a negative return on equity of 1.98% and a negative net margin of 9.57%. The company’s revenue for the quarter was up 86.3% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.16) earnings per share. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. Analysts forecast that Applied Optoelectronics, Inc. will post 0.55 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Weiss Ratings lowered 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 raised shares of Applied Optoelectronics from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Raymond James Financial restated an “outperform” rating and set a $178.00 target price on shares of Applied Optoelectronics in a research report on Tuesday, August 11th. B. Riley Financial reduced their price target on Applied Optoelectronics from $109.00 to $92.00 and set a “neutral” rating for the company in a report on Thursday, October 15th. Finally, Needham & Company LLC cut their target price on shares of Applied Optoelectronics from $220.00 to $190.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Applied Optoelectronics currently has a consensus rating of “Hold” and an average target price of $147.00.

Insider Activity

In related news, CFO Stefan Murry sold 4,000 shares of the stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $102.87, for a total transaction of $411,480.00. Following the transaction, the chief financial officer owned 363,168 shares of the company’s stock, valued at approximately $37,359,092.16. This represents a 1.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shu-Hua Yeh sold 6,000 shares of the business’s stock in a transaction dated 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 owned 371,498 shares in the company, valued at $44,590,904.94. This trade represents a 1.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 56,887 shares of company stock valued at $6,581,484. 3.80% of the stock is currently owned by corporate insiders.

About Applied Optoelectronics

Applied Optoelectronics, Inc (NASDAQ: AAOI) develops and manufactures fiber-optic networking products and solutions. Its offerings include optical transceivers, transmitters, receivers, lasers, and related components used to transmit data across fiber-optic networks.

The company serves several communications markets, including data centers, broadband access networks, cable television, and telecommunications. Its products are designed for applications such as high-speed data transmission, fiber-to-the-home and other broadband deployments, network connectivity, and communications infrastructure.

Founded in 1997 and headquartered in Sugar Land, Texas, Applied Optoelectronics supports customers in multiple regions, including North America, Asia, and other international markets.