Emerald Mutual Fund Advisers Trust Decreases Stock Holdings in Applied Optoelectronics, Inc. $AAOI

Emerald Mutual Fund Advisers Trust lowered its holdings in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 31.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 271,760 shares of the semiconductor company’s stock after selling 127,290 shares during the quarter. Applied Optoelectronics accounts for about 1.1% of Emerald Mutual Fund Advisers Trust’s portfolio, making the stock its 23rd largest position. Emerald Mutual Fund Advisers Trust’s holdings in Applied Optoelectronics were worth $22,988,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Invesco Ltd. raised its position in shares of Applied Optoelectronics by 5,208.9% during the 4th quarter. Invesco Ltd. now owns 3,512,309 shares of the semiconductor company’s stock valued at $122,439,000 after buying an additional 3,446,150 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in Applied Optoelectronics by 5,321.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,229,757 shares of the semiconductor company’s stock worth $77,730,000 after acquiring an additional 2,188,630 shares in the last quarter. Morgan Stanley grew its position in Applied Optoelectronics by 157.1% in the fourth quarter. Morgan Stanley now owns 1,699,855 shares of the semiconductor company’s stock worth $59,257,000 after acquiring an additional 1,038,775 shares in the last quarter. Hawk Ridge Capital Management LP increased its stake in Applied Optoelectronics by 106.2% during the fourth quarter. Hawk Ridge Capital Management LP now owns 1,700,900 shares of the semiconductor company’s stock worth $59,293,000 after acquiring an additional 875,903 shares during the last quarter. Finally, Artemis Investment Management LLP bought a new stake in Applied Optoelectronics during the fourth quarter worth approximately $26,923,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Applied Optoelectronics

In other news, insider Hung-Lun (Fred) Chang sold 40,329 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $170.60, for a total value of $6,880,127.40. Following the sale, the insider directly owned 286,124 shares in the company, valued at approximately $48,812,754.40. This represents a 12.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Stefan J. Murry sold 33,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $166.53, for a total value of $5,495,490.00. Following the sale, the chief financial officer directly owned 384,576 shares of the company’s stock, valued at $64,043,441.28. This represents a 7.90% decrease in their ownership of the stock. 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 90 days, insiders sold 496,215 shares of company stock valued at $86,170,414. Company insiders own 3.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Raymond James Financial reaffirmed an “outperform” rating on shares of Applied Optoelectronics in a research note on Wednesday, June 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of Applied Optoelectronics in a research report on Tuesday, July 7th. Rosenblatt Securities restated a “buy” rating and set a $220.00 price target on shares of Applied Optoelectronics in a report on Monday, June 22nd. Finally, Wall Street Zen downgraded Applied Optoelectronics from a “hold” rating to a “sell” rating in a research report on Monday, April 13th. 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 MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $113.80.

Applied Optoelectronics Stock Performance

Shares of NASDAQ:AAOI opened at $111.88 on Tuesday. 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 company has a market capitalization of $8.98 billion, a price-to-earnings ratio of -169.52 and a beta of 3.69. The firm’s 50-day moving average is $163.96 and its 200 day moving average is $109.09.

Applied Optoelectronics (NASDAQ:AAOI) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported ($0.07) earnings per share (EPS) 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 firm had revenue of $151.14 million during the quarter, compared to the consensus estimate of $156.98 million. During the same period in the previous year, the business earned ($0.02) EPS. The firm’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. Research analysts predict that Applied Optoelectronics, Inc. will post 0.6 EPS for the current year.

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.