Applied Optoelectronics (NASDAQ:AAOI) CFO Stefan Murry Sells 4,000 Shares

Applied Optoelectronics, Inc. (NASDAQ:AAOI) CFO Stefan Murry sold 4,000 shares of the company’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $105.33, for a total value of $421,320.00. Following the completion of the sale, the chief financial officer owned 367,168 shares of the company’s stock, valued at approximately $38,673,805.44. The trade was a 1.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Applied Optoelectronics Trading Down 4.3%

Applied Optoelectronics stock opened at $103.29 on Friday. Applied Optoelectronics, Inc. has a 12-month low of $18.50 and a 12-month high of $233.67. The company has a current ratio of 2.78, a quick ratio of 2.13 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $8.74 billion, a price-to-earnings ratio of -132.42 and a beta of 3.79. The firm has a 50 day moving average of $114.74 and a 200 day moving average of $131.55.

Applied Optoelectronics (NASDAQ:AAOI) last posted its quarterly 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. Applied Optoelectronics had a negative return on equity of 1.98% and a negative net margin of 9.57%.The business had revenue of $191.92 million for the quarter, compared to analysts’ expectations of $190.48 million. During the same period last year, the firm earned ($0.16) earnings per share. The business’s quarterly revenue was up 86.3% on a year-over-year basis. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. As a group, research analysts predict that Applied Optoelectronics, Inc. will post 0.55 earnings per share for the current year.

Hedge Funds Weigh In On Applied Optoelectronics

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. California State Teachers Retirement System increased its position in shares of Applied Optoelectronics by 23.2% during the first quarter. California State Teachers Retirement System now owns 70,464 shares of the semiconductor company’s stock worth $5,961,000 after purchasing an additional 13,265 shares in the last quarter. Handelsbanken Fonder AB purchased a new position in Applied Optoelectronics during the 2nd quarter worth $7,719,000. BlackRock Inc. purchased a new position in Applied Optoelectronics during the 2nd quarter worth $955,672,000. Andar Capital Management HK Ltd acquired a new position in Applied Optoelectronics during the 1st quarter valued at about $11,335,000. Finally, Assenagon Asset Management S.A. acquired a new position in Applied Optoelectronics during the 1st quarter valued at about $4,125,000. Institutional investors own 61.70% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on AAOI. Raymond James Financial reiterated an “outperform” rating and set a $178.00 price target on shares of Applied Optoelectronics in a report on Tuesday, August 11th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $220.00 price objective on shares of Applied Optoelectronics in a research report on Friday, August 7th. B. Riley Financial reiterated a “neutral” rating on shares of Applied Optoelectronics in a research report on Friday, August 7th. Wall Street Zen upgraded shares of Applied Optoelectronics from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Needham & Company LLC decreased their price objective on shares of Applied Optoelectronics from $220.00 to $190.00 and set a “buy” rating for the company in a report on Friday, August 7th. Three investment 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’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $139.40.

Applied Optoelectronics Company Profile

Applied Optoelectronics, Inc develops and manufactures fiber-optic networking products and components. Its offerings include optical transceivers, transponders, modules and related equipment used to transmit data over fiber-optic networks.

The company serves several communications markets, including data centers, telecommunications, broadband access and cable television. Its products support applications such as high-speed data transmission, cloud computing, network infrastructure and fiber-based broadband services.

Founded in 1997 and headquartered in Sugar Land, Texas, Applied Optoelectronics serves customers in North America, Asia and other international markets.