Jennison Associates LLC Invests $435,000 in Applied Optoelectronics, Inc. $AAOI

Jennison Associates LLC bought a new position in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,144 shares of the semiconductor company’s stock, valued at approximately $435,000.

Other institutional investors also recently bought and sold shares of the company. Allworth Financial LP grew its position in Applied Optoelectronics by 1,923.7% in the 4th quarter. Allworth Financial LP now owns 769 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 731 shares during the last quarter. NFSG Corp bought a new stake in shares of Applied Optoelectronics during the first quarter worth $85,000. Comerica Bank bought a new stake in shares of Applied Optoelectronics during the third quarter worth $28,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Applied Optoelectronics by 166.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,200 shares of the semiconductor company’s stock valued at $42,000 after purchasing an additional 750 shares during the period. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Applied Optoelectronics during the fourth quarter valued at $55,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Applied Optoelectronics Price Performance

AAOI opened at $112.02 on Friday. The company has a market capitalization of $8.99 billion, a price-to-earnings ratio of -169.73 and a beta of 3.69. The company has a current ratio of 3.83, a quick ratio of 3.03 and a debt-to-equity ratio of 0.18. Applied Optoelectronics, Inc. has a 12-month low of $18.50 and a 12-month high of $233.67. The business’s fifty day simple moving average is $152.29 and its 200-day simple moving average is $113.19.

Applied Optoelectronics (NASDAQ:AAOI) last released its quarterly earnings data 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 net margin of 8.55% and a negative return on equity of 4.64%. The firm had revenue of $151.14 million during the quarter, compared to the consensus estimate of $156.98 million. During the same quarter in the previous year, the firm earned ($0.02) earnings per share. The business’s revenue was up 51.3% compared to the same quarter last year. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. On average, equities research analysts anticipate that Applied Optoelectronics, Inc. will post 0.6 earnings per share for the current fiscal year.

Insider Buying and Selling at Applied Optoelectronics

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