AlphaQuest LLC Acquires 4,655 Shares of Applied Optoelectronics, Inc. $AAOI

AlphaQuest LLC lifted its holdings in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 202.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,952 shares of the semiconductor company’s stock after purchasing an additional 4,655 shares during the period. AlphaQuest LLC’s holdings in Applied Optoelectronics were worth $179,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in AAOI. Alyeska Investment Group L.P. bought a new stake in shares of Applied Optoelectronics during the 1st quarter worth $7,455,000. Vanguard Group Inc. raised its stake in shares of Applied Optoelectronics by 14.4% during the 1st quarter. Vanguard Group Inc. now owns 2,779,563 shares of the semiconductor company’s stock worth $42,666,000 after purchasing an additional 350,145 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of Applied Optoelectronics during the 2nd quarter worth $7,201,000. Royce & Associates LP raised its stake in Applied Optoelectronics by 15.2% in the 1st quarter. Royce & Associates LP now owns 876,543 shares of the semiconductor company’s stock valued at $13,455,000 after acquiring an additional 115,853 shares during the period. Finally, Nuveen LLC purchased a new stake in Applied Optoelectronics during the first quarter valued at about $1,643,000. 61.72% of the stock is currently owned by institutional investors.

Applied Optoelectronics Trading Down 7.1%

Shares of AAOI opened at $33.04 on Tuesday. The business’s 50-day moving average price is $29.04 and its 200-day moving average price is $23.62. Applied Optoelectronics, Inc. has a twelve month low of $9.71 and a twelve month high of $44.50. The stock has a market cap of $2.06 billion, a PE ratio of -9.83 and a beta of 2.88. The company has a quick ratio of 1.47, a current ratio of 2.11 and a debt-to-equity ratio of 0.36.

Applied Optoelectronics (NASDAQ:AAOI) last announced its quarterly earnings results 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 company had revenue of $102.95 million for the quarter, compared to the consensus estimate of $104.96 million. During the same quarter in the prior year, the company earned ($0.28) earnings per share. The company’s quarterly 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. On average, equities analysts forecast that Applied Optoelectronics, Inc. will post -1.18 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on AAOI. Wall Street Zen downgraded shares of Applied Optoelectronics from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Applied Optoelectronics in a report on Wednesday, October 8th. B. Riley reaffirmed a “neutral” rating and set a $15.00 price objective (up from $13.00) on shares of Applied Optoelectronics in a report on Friday, August 8th. Raymond James Financial upped their price objective on shares of Applied Optoelectronics from $18.00 to $25.00 and gave the company an “outperform” rating in a report on Friday, August 8th. Finally, Wolfe Research began coverage on shares of Applied Optoelectronics in a report on Tuesday, July 8th. They set a “peer perform” rating on the stock. Four equities research 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. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $27.20.

Insider Activity

In related news, Director Min-Chu (Mike) Chen acquired 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The shares were bought at an average cost of $22.91 per share, for a total transaction of $171,825.00. Following the completion of the transaction, the director owned 22,500 shares in the company, valued at approximately $515,475. This trade represents a 50.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Chih-Hsiang (Thompson) Lin acquired 3,250 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The stock was bought at an average price of $22.65 per share, for a total transaction of $73,612.50. Following the completion of the transaction, the chief executive officer owned 1,655,415 shares of the company’s stock, valued at $37,495,149.75. The trade was a 0.20% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders purchased 44,100 shares of company stock valued at $1,000,878. 4.50% of the stock is currently owned by insiders.

Applied Optoelectronics 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.