Wealthfront Advisers LLC Buys New Stake in Applied Optoelectronics, Inc. $AAOI

Wealthfront Advisers LLC purchased a new position in Applied Optoelectronics, Inc. (NASDAQ:AAOI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,768 shares of the semiconductor company’s stock, valued at approximately $1,003,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its position in shares of Applied Optoelectronics by 23.2% during the 1st quarter. California State Teachers Retirement System now owns 70,464 shares of the semiconductor company’s stock worth $5,961,000 after buying an additional 13,265 shares during the period. Handelsbanken Fonder AB bought a new stake in Applied Optoelectronics in the second quarter valued at $7,719,000. Andar Capital Management HK Ltd bought a new stake in Applied Optoelectronics in the first quarter valued at $11,335,000. Assenagon Asset Management S.A. acquired a new position in Applied Optoelectronics during the first quarter worth $4,125,000. Finally, Next Century Growth Investors LLC acquired a new position in Applied Optoelectronics during the fourth quarter worth $16,220,000. Institutional investors own 61.70% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on AAOI shares. Wall Street Zen upgraded shares of Applied Optoelectronics from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Raymond James Financial reaffirmed an “outperform” rating and issued a $178.00 target price on shares of Applied Optoelectronics in a report on Tuesday, August 11th. Rosenblatt Securities reiterated a “buy” rating and set a $220.00 target price on shares of Applied Optoelectronics in a research report on Friday, August 7th. B. Riley Financial reissued a “neutral” rating on shares of Applied Optoelectronics in a report on Friday, August 7th. Finally, Weiss Ratings lowered shares of Applied Optoelectronics from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Applied Optoelectronics has a consensus rating of “Hold” and a consensus price target of $139.40.

Insider Activity

In other news, insider Hung-Lun (Fred) Chang sold 40,329 shares of Applied Optoelectronics stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $170.60, for a total transaction of $6,880,127.40. Following the transaction, the insider owned 286,124 shares in the company, valued at $48,812,754.40. The trade was a 12.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Stefan J. Murry sold 33,000 shares of Applied Optoelectronics stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $166.53, for a total transaction of $5,495,490.00. Following the completion of the transaction, the chief financial officer directly owned 384,576 shares in the company, valued at approximately $64,043,441.28. The trade was a 7.90% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 329,204 shares of company stock valued at $56,587,341. Company insiders own 3.80% of the company’s stock.

Applied Optoelectronics Price Performance

Applied Optoelectronics stock opened at $124.82 on Friday. The business’s 50-day simple moving average is $127.73 and its 200 day simple moving average is $124.85. The company has a quick ratio of 2.13, a current ratio of 2.78 and a debt-to-equity ratio of 0.12. The stock has a market cap of $10.56 billion, a price-to-earnings ratio of -160.03 and a beta of 3.76. Applied Optoelectronics, Inc. has a 12-month low of $18.50 and a 12-month high of $233.67.

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

About Applied Optoelectronics

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.