Corebridge Financial Inc. Has $324,000 Stock Holdings in Applied Optoelectronics, Inc. $AAOI

Corebridge Financial Inc. boosted its holdings in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 4.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,096 shares of the semiconductor company’s stock after buying an additional 843 shares during the period. Corebridge Financial Inc.’s holdings in Applied Optoelectronics were worth $324,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of AAOI. SG Americas Securities LLC bought a new stake in shares of Applied Optoelectronics in the 1st quarter worth $370,000. Swiss National Bank grew its position in Applied Optoelectronics by 15.4% during the first quarter. Swiss National Bank now owns 88,200 shares of the semiconductor company’s stock valued at $1,354,000 after buying an additional 11,800 shares during the period. Royce & Associates LP boosted its position in Applied Optoelectronics by 15.2% during the first quarter. Royce & Associates LP now owns 876,543 shares of the semiconductor company’s stock worth $13,455,000 after purchasing an additional 115,853 shares during the period. China Universal Asset Management Co. Ltd. boosted its position in Applied Optoelectronics by 31.1% during the first quarter. China Universal Asset Management Co. Ltd. now owns 40,000 shares of the semiconductor company’s stock worth $614,000 after purchasing an additional 9,500 shares during the period. Finally, Bank of America Corp DE boosted its position in Applied Optoelectronics by 1,058.6% during the fourth quarter. Bank of America Corp DE now owns 339,550 shares of the semiconductor company’s stock worth $12,516,000 after purchasing an additional 310,243 shares during the period. Institutional investors and hedge funds own 61.72% of the company’s stock.

Applied Optoelectronics Stock Up 2.9%

Shares of NASDAQ AAOI opened at $23.99 on Monday. Applied Optoelectronics, Inc. has a one year low of $9.71 and a one year high of $44.50. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.11 and a quick ratio of 1.47. The firm’s 50 day simple moving average is $25.01 and its two-hundred day simple moving average is $19.84. The stock has a market capitalization of $1.50 billion, a P/E ratio of -7.14 and a beta of 2.91.

Applied Optoelectronics (NASDAQ:AAOI) last issued its quarterly earnings results on Thursday, August 7th. The semiconductor company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). Applied Optoelectronics had a negative net margin of 42.29% and a negative return on equity of 10.60%. The business had revenue of $102.95 million for the quarter, compared to the consensus estimate of $104.96 million. During the same quarter in the previous year, the business earned ($0.28) earnings per share. The firm’s revenue was up 137.9% on a year-over-year basis. Applied Optoelectronics has set its Q3 2025 guidance at -0.100–0.030 EPS. As a group, analysts expect that Applied Optoelectronics, Inc. will post -1.18 EPS for the current fiscal year.

Insider Buying and Selling at Applied Optoelectronics

In other news, Director William H. Yeh bought 14,000 shares of the business’s stock in a transaction dated Wednesday, August 13th. The shares were purchased at an average price of $22.86 per share, for a total transaction of $320,040.00. Following the completion of the acquisition, the director owned 249,819 shares of the company’s stock, valued at approximately $5,710,862.34. This trade represents a 5.94% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Hung-Lun (Fred) Chang sold 15,784 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $22.70, for a total transaction of $358,296.80. Following the completion of the transaction, the insider owned 256,326 shares in the company, valued at $5,818,600.20. This represents a 5.80% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders purchased 44,100 shares of company stock valued at $1,000,878 and sold 32,784 shares valued at $741,217. Insiders own 4.50% of the company’s stock.

Analysts Set New Price Targets

AAOI has been the topic of a number of recent analyst reports. B. Riley reissued a “neutral” rating and issued a $15.00 price target (up from $13.00) on shares of Applied Optoelectronics in a report on Friday, August 8th. Northland Securities set a $30.00 price target on shares of Applied Optoelectronics in a report on Friday, August 8th. Needham & Company LLC initiated coverage on shares of Applied Optoelectronics in a report on Friday, July 25th. They issued a “buy” rating and a $32.00 price target on the stock. Wolfe Research initiated coverage on shares of Applied Optoelectronics in a report on Tuesday, July 8th. They issued a “peer perform” rating on the stock. Finally, Rosenblatt Securities raised their target price on shares of Applied Optoelectronics from $30.00 to $34.00 and gave the company a “buy” rating in a research note on Thursday, June 26th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Applied Optoelectronics currently has a consensus rating of “Moderate Buy” and an average target price of $27.20.

Applied Optoelectronics Company Profile

Applied Optoelectronics, Inc designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, distribution equipment, and amplifiers.