Penn Capital Management Company LLC Has $15.57 Million Stake in Applied Optoelectronics, Inc. $AAOI

Penn Capital Management Company LLC raised its stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 446,032 shares of the semiconductor company’s stock after buying an additional 20,077 shares during the quarter. Penn Capital Management Company LLC’s holdings in Applied Optoelectronics were worth $15,565,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in AAOI. Allworth Financial LP raised its position in shares of Applied Optoelectronics by 1,923.7% during the fourth quarter. Allworth Financial LP now owns 769 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 731 shares during the period. Comerica Bank acquired a new stake in shares of Applied Optoelectronics during the third quarter worth about $28,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Applied Optoelectronics during the fourth quarter worth about $55,000. SBI Securities Co. Ltd. raised its position in shares of Applied Optoelectronics by 190.6% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,927 shares of the semiconductor company’s stock worth $67,000 after purchasing an additional 1,264 shares during the period. Finally, Headlands Technologies LLC acquired a new stake in shares of Applied Optoelectronics during the second quarter worth about $57,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

Applied Optoelectronics Stock Down 2.1%

NASDAQ:AAOI opened at $177.62 on Wednesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 3.03 and a current ratio of 3.83. The company has a market cap of $14.25 billion, a PE ratio of -269.12 and a beta of 3.76. Applied Optoelectronics, Inc. has a 52-week low of $15.06 and a 52-week high of $233.67. The stock has a 50-day simple moving average of $141.86 and a 200 day simple moving average of $78.14.

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

Analysts Set New Price Targets

AAOI has been the topic of a number of research analyst reports. Needham & Company LLC raised their price target on Applied Optoelectronics from $43.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Northland Securities reaffirmed a “market perform” rating and set a $55.00 price target on shares of Applied Optoelectronics in a research report on Friday, February 27th. Rosenblatt Securities reaffirmed a “buy” rating and set a $50.00 price target on shares of Applied Optoelectronics in a research report on Thursday, February 19th. B. Riley Financial raised Applied Optoelectronics from a “sell” rating to a “neutral” rating and set a $54.00 price target on the stock in a research report on Friday, February 27th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $160.00 price target on shares of Applied Optoelectronics in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Applied Optoelectronics presently has an average rating of “Hold” and an average target price of $79.80.

Insider Buying and Selling at Applied Optoelectronics

In related news, Director Elizabeth G. Loboa sold 102,347 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $95.76, for a total transaction of $9,800,748.72. Following the completion of the transaction, the director directly owned 20,523 shares in the company, valued at approximately $1,965,282.48. This trade represents a 83.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Chih-Hsiang (Thompson) Lin sold 58,000 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $173.26, for a total value of $10,049,080.00. Following the transaction, the chief executive officer owned 2,255,693 shares of the company’s stock, valued at approximately $390,821,369.18. The trade was a 2.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 459,324 shares of company stock valued at $59,068,951 in the last 90 days. 3.80% of the stock is currently owned by corporate insiders.

Applied Optoelectronics Company 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.