Pictet Asset Management Holding SA Invests $276,000 in Applied Optoelectronics, Inc. $AAOI

Pictet Asset Management Holding SA acquired a new position in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 7,927 shares of the semiconductor company’s stock, valued at approximately $276,000.

Several other large investors also recently modified their holdings of the company. Comerica Bank bought a new position in Applied Optoelectronics during the third quarter worth $28,000. Headlands Technologies LLC bought a new position in Applied Optoelectronics during the second quarter worth $57,000. Wexford Capital LP bought a new position in Applied Optoelectronics during the third quarter worth $95,000. CoreCap Advisors LLC raised its holdings in shares of Applied Optoelectronics by 711.4% in the third quarter. CoreCap Advisors LLC now owns 5,712 shares of the semiconductor company’s stock valued at $148,000 after purchasing an additional 5,008 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Applied Optoelectronics by 244.0% in the second quarter. Tower Research Capital LLC TRC now owns 6,832 shares of the semiconductor company’s stock valued at $176,000 after purchasing an additional 4,846 shares during the last quarter. 61.70% of the stock is currently owned by institutional investors and hedge funds.

Key Applied Optoelectronics News

Here are the key news stories impacting Applied Optoelectronics this week:

• Positive Sentiment: Revenue rose 51% year over year to $151.1 million, showing continued demand for Applied Optoelectronics’ AI/datacom products, and the company said it shipped its first 800G volumes to a hyperscale customer. Applied Optoelectronics Reports First Quarter 2026 Results
• Positive Sentiment: Analyst commentary pointed to a large Amazon backlog and strong 800G transceiver demand as reasons the stock has found support despite the earnings miss. Applied Optoelectronics inches up due to large Amazon backlog: analysts
• Neutral Sentiment: The company announced small inducement equity grants to two new employees under its 2023 equity plan, a routine hiring-related item with limited immediate financial impact. Applied Optoelectronics Announces Equity Grants To Employees Under Inducement Plan
• Negative Sentiment: Q1 earnings missed expectations, with a loss of $0.07 per share versus an estimated loss of $0.05 and revenue below consensus, raising concerns about execution and margins. Applied Optoelectronics (AAOI) Reports Q1 Loss, Misses Revenue Estimates
• Negative Sentiment: Second-quarter guidance also came in below Wall Street’s revenue and EPS expectations, which likely pressured the shares even after the strong top-line growth. Applied Optoelectronics stock page
• Negative Sentiment: Several market reports noted the stock dropping as investors rotated out of the AI optics trade, suggesting sentiment cooled across the sector after a rapid run-up. Applied Optoelectronics Crashes 14%, Coherent Slides 10%, Lumentum Falls 7% as Optics Trade Cools

Applied Optoelectronics Price Performance

AAOI opened at $148.94 on Monday. The company has a market capitalization of $11.95 billion, a price-to-earnings ratio of -225.67 and a beta of 3.76. The company has a quick ratio of 3.03, a current ratio of 3.83 and a debt-to-equity ratio of 0.18. The firm has a 50-day moving average price of $119.57 and a 200-day moving average price of $64.55. Applied Optoelectronics, Inc. has a twelve month low of $12.56 and a twelve month high of $191.87.

Applied Optoelectronics (NASDAQ:AAOI) last posted its earnings results on Thursday, May 7th. The semiconductor company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.02). Applied Optoelectronics had a negative return on equity of 4.64% and a negative net margin of 8.55%.The business had revenue of $151.14 million during the quarter, compared to analysts’ expectations of $156.98 million. During the same quarter in the previous year, the business earned ($0.02) EPS. Applied Optoelectronics’s revenue for the quarter was up 51.3% on a year-over-year basis. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. Equities analysts expect that Applied Optoelectronics, Inc. will post 0.66 EPS for the current year.

Insider Buying and Selling

In other news, insider Hung-Lun (Fred) Chang sold 36,400 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $100.25, for a total value of $3,649,100.00. Following the completion of the transaction, the insider directly owned 233,618 shares in the company, valued at approximately $23,420,204.50. This trade represents a 13.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shu-Hua (Joshua) Yeh sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $97.10, for a total transaction of $4,855,000.00. Following the completion of the transaction, the insider owned 322,051 shares of the company’s stock, valued at $31,271,152.10. This trade represents a 13.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 314,333 shares of company stock valued at $29,262,106 in the last three months. Insiders own 3.80% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on AAOI shares. Raymond James Financial reiterated an “outperform” rating and issued a $160.00 target price on shares of Applied Optoelectronics in a report on Friday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Applied Optoelectronics in a report on Wednesday, January 21st. Rosenblatt Securities reiterated a “buy” rating and issued a $50.00 target price on shares of Applied Optoelectronics in a report on Thursday, February 19th. Northland Securities reiterated a “market perform” rating and issued a $55.00 target price on shares of Applied Optoelectronics in a report on Friday, February 27th. Finally, B. Riley Financial upgraded shares of Applied Optoelectronics from a “sell” rating to a “neutral” rating and set a $54.00 target price for the company in a report on Friday, February 27th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $79.80.

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.