Corsair Capital Management L.P. Acquires Shares of 8,000 Applied Optoelectronics, Inc. $AAOI

Corsair Capital Management L.P. bought a new position in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 8,000 shares of the semiconductor company’s stock, valued at approximately $677,000.

Other large investors have also modified their holdings of the company. Allworth Financial LP raised its position in shares of Applied Optoelectronics by 1,923.7% in the fourth quarter. Allworth Financial LP now owns 769 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 731 shares during the last quarter. Comerica Bank acquired a new position in Applied Optoelectronics during the third quarter worth about $28,000. Northwestern Mutual Wealth Management Co. grew its stake in Applied Optoelectronics by 166.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,200 shares of the semiconductor company’s stock valued at $42,000 after acquiring an additional 750 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in Applied Optoelectronics during the 4th quarter valued at about $55,000. Finally, Headlands Technologies LLC acquired a new stake in Applied Optoelectronics in the 2nd quarter valued at about $57,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

Applied Optoelectronics Price Performance

Shares of NASDAQ:AAOI opened at $100.15 on Monday. The business has a 50-day moving average price of $150.48 and a 200 day moving average price of $113.64. The company has a current ratio of 3.83, a quick ratio of 3.03 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $8.04 billion, a price-to-earnings ratio of -151.74 and a beta of 3.69. 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 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). The company had revenue of $151.14 million during the quarter, compared to analysts’ expectations of $156.98 million. Applied Optoelectronics had a negative net margin of 8.55% and a negative return on equity of 4.64%. The firm’s quarterly revenue was up 51.3% on a year-over-year basis. During the same quarter last year, the firm posted ($0.02) earnings per share. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. Sell-side analysts expect that Applied Optoelectronics, Inc. will post 0.6 EPS for the current year.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other Applied Optoelectronics news, CFO Stefan J. Murry sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $122.09, for a total value of $488,360.00. Following the sale, the chief financial officer owned 380,576 shares of the company’s stock, valued at $46,464,523.84. The trade was a 1.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Hung-Lun (Fred) Chang sold 40,329 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $170.60, for a total value of $6,880,127.40. Following the completion of the sale, the insider directly owned 286,124 shares in the company, valued at approximately $48,812,754.40. The trade was a 12.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 500,215 shares of company stock worth $86,658,774. Insiders own 3.80% of the company’s stock.

Applied Optoelectronics 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.