Ensign Peak Advisors Inc Takes Position in Applied Optoelectronics, Inc. $AAOI

Ensign Peak Advisors Inc bought a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 20,900 shares of the semiconductor company’s stock, valued at approximately $537,000.

Several other hedge funds have also bought and sold shares of AAOI. CloudAlpha Capital Management Limited Hong Kong increased its stake in Applied Optoelectronics by 410.7% in the second quarter. CloudAlpha Capital Management Limited Hong Kong now owns 1,408,983 shares of the semiconductor company’s stock valued at $36,197,000 after acquiring an additional 1,133,115 shares during the last quarter. Chung Wu Investment Group LLC bought a new stake in Applied Optoelectronics during the second quarter worth about $344,000. Swiss National Bank boosted its holdings in shares of Applied Optoelectronics by 15.4% in the 1st quarter. Swiss National Bank now owns 88,200 shares of the semiconductor company’s stock worth $1,354,000 after purchasing an additional 11,800 shares in the last quarter. Sovereign Financial Group Inc. purchased a new position in shares of Applied Optoelectronics in the 2nd quarter worth about $287,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Applied Optoelectronics during the 2nd quarter valued at about $7,201,000. 61.72% of the stock is currently owned by institutional investors.

Applied Optoelectronics Price Performance

AAOI opened at $26.89 on Monday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.63 and a current ratio of 2.31. The stock has a market capitalization of $1.84 billion, a PE ratio of -8.35 and a beta of 3.26. The stock’s 50 day moving average price is $28.42 and its 200-day moving average price is $24.99. Applied Optoelectronics, Inc. has a 52-week low of $9.71 and a 52-week high of $44.50.

Applied Optoelectronics (NASDAQ:AAOI) last announced its quarterly earnings results on Thursday, November 6th. The semiconductor company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.01. The company had revenue of $118.63 million during the quarter, compared to analyst estimates of $119.77 million. Applied Optoelectronics had a negative return on equity of 7.34% and a negative net margin of 36.97%.The firm’s revenue was up 82.1% on a year-over-year basis. During the same quarter last year, the firm posted ($0.21) earnings per share. Applied Optoelectronics has set its Q4 2025 guidance at -0.130–0.040 EPS. On average, equities research analysts predict that Applied Optoelectronics, Inc. will post -1.18 EPS for the current year.

Analyst Upgrades and Downgrades

AAOI has been the topic of several research reports. B. Riley reissued a “sell” rating and set a $15.00 price target on shares of Applied Optoelectronics in a research note on Monday, November 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Applied Optoelectronics in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of Applied Optoelectronics from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Raymond James Financial lifted their price objective on Applied Optoelectronics from $18.00 to $25.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Finally, Northland Securities increased their target price on Applied Optoelectronics from $30.00 to $35.00 and gave the company an “outperform” rating in a report on Monday, November 17th. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $28.20.

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.