GAMMA Investing LLC Raises Holdings in Applied Optoelectronics, Inc. $AAOI

GAMMA Investing LLC increased its position in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 85.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,785 shares of the semiconductor company’s stock after buying an additional 825 shares during the quarter. GAMMA Investing LLC’s holdings in Applied Optoelectronics were worth $46,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of Applied Optoelectronics during the first quarter worth approximately $370,000. Swiss National Bank grew its position in shares of Applied Optoelectronics by 15.4% during the first quarter. Swiss National Bank now owns 88,200 shares of the semiconductor company’s stock worth $1,354,000 after acquiring an additional 11,800 shares during the last quarter. Royce & Associates LP grew its position in Applied Optoelectronics by 15.2% during the 1st 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 last quarter. China Universal Asset Management Co. Ltd. grew its position in Applied Optoelectronics by 31.1% during the 1st 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 last quarter. Finally, Assenagon Asset Management S.A. grew its position in Applied Optoelectronics by 182.7% during the 1st quarter. Assenagon Asset Management S.A. now owns 976,520 shares of the semiconductor company’s stock worth $14,990,000 after purchasing an additional 631,128 shares during the last quarter. Hedge funds and other institutional investors own 61.72% of the company’s stock.

Applied Optoelectronics Stock Down 0.2%

Shares of NASDAQ AAOI opened at $27.93 on Friday. The stock’s 50-day simple moving average is $24.93 and its 200-day simple moving average is $20.86. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of -8.31 and a beta of 2.92. Applied Optoelectronics, Inc. has a 1 year low of $9.71 and a 1 year high of $44.50. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.47 and a current ratio of 2.11.

Applied Optoelectronics (NASDAQ:AAOI) last announced its quarterly earnings data on Thursday, August 7th. The semiconductor company reported ($0.16) earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $102.95 million during the quarter, compared to the consensus estimate of $104.96 million. During the same period in the prior year, the firm earned ($0.28) earnings per share. The firm’s quarterly revenue was up 137.9% compared to the same quarter last year. Applied Optoelectronics has set its Q3 2025 guidance at -0.100–0.030 EPS. As a group, equities analysts anticipate that Applied Optoelectronics, Inc. will post -1.18 earnings per share for the current fiscal year.

Insider Buying and Selling at Applied Optoelectronics

In other Applied Optoelectronics news, CFO Stefan J. Murry sold 12,000 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $22.37, for a total value of $268,440.00. Following the completion of the transaction, the chief financial officer owned 298,477 shares in the company, valued at approximately $6,676,930.49. This represents a 3.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director William H. Yeh purchased 14,000 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The stock was acquired at an average cost of $22.86 per share, with a total value of $320,040.00. Following the purchase, the director owned 249,819 shares of the company’s stock, valued at approximately $5,710,862.34. This represents a 5.94% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 44,100 shares of company stock valued at $1,000,878 and have sold 30,784 shares valued at $709,117. Insiders own 4.50% of the company’s stock.

Analysts Set New Price Targets

AAOI has been the topic of several research reports. Raymond James Financial raised their price objective on shares of Applied Optoelectronics from $18.00 to $25.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. Wall Street Zen lowered Applied Optoelectronics from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Northland Securities set a $30.00 target price on Applied Optoelectronics in a report on Friday, August 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Applied Optoelectronics in a report on Saturday, September 27th. Finally, Needham & Company LLC initiated coverage on Applied Optoelectronics in a research note on Friday, July 25th. They issued a “buy” rating and a $32.00 price target on the stock. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target 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.