Applied Optoelectronics, Inc. $AAOI Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC decreased its holdings in Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 15.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,538 shares of the semiconductor company’s stock after selling 4,068 shares during the quarter. Intech Investment Management LLC’s holdings in Applied Optoelectronics were worth $786,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of AAOI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Applied Optoelectronics by 10.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,579 shares of the semiconductor company’s stock worth $393,000 after acquiring an additional 2,415 shares in the last quarter. Cetera Investment Advisers acquired a new stake in Applied Optoelectronics during the second quarter valued at approximately $377,000. New York State Common Retirement Fund raised its stake in Applied Optoelectronics by 36.0% during the second quarter. New York State Common Retirement Fund now owns 17,000 shares of the semiconductor company’s stock valued at $437,000 after buying an additional 4,500 shares in the last quarter. Invesco Ltd. raised its stake in Applied Optoelectronics by 50.0% during the second quarter. Invesco Ltd. now owns 60,817 shares of the semiconductor company’s stock valued at $1,562,000 after buying an additional 20,261 shares in the last quarter. Finally, First Trust Advisors LP acquired a new stake in Applied Optoelectronics during the second quarter valued at approximately $952,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

Insider Activity at Applied Optoelectronics

In other news, insider Hung-Lun (Fred) Chang sold 36,400 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $100.25, for a total transaction of $3,649,100.00. Following the completion of the transaction, the insider directly owned 233,618 shares of the company’s stock, valued at approximately $23,420,204.50. This represents a 13.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shu-Hua (Joshua) Yeh sold 39,154 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $173.26, for a total value of $6,783,822.04. Following the transaction, the insider directly owned 462,430 shares of the company’s stock, valued at $80,120,621.80. This trade represents a 7.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 331,233 shares of company stock valued at $54,021,670. 3.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AAOI. Needham & Company LLC upped their price objective on Applied Optoelectronics from $43.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, February 27th. B. Riley Financial upgraded Applied Optoelectronics from a “sell” rating to a “neutral” rating and set a $54.00 price objective on the stock in a research note on Friday, February 27th. Wall Street Zen cut Applied Optoelectronics from a “hold” rating to a “sell” rating in a research note on Monday, April 13th. Northland Securities restated a “market perform” rating and set a $55.00 price objective on shares of Applied Optoelectronics in a research note on Friday, February 27th. Finally, Rosenblatt Securities restated a “buy” rating and set a $50.00 price objective on shares of Applied Optoelectronics in a research note on Thursday, February 19th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Applied Optoelectronics presently has an average rating of “Hold” and an average price target of $79.80.

Applied Optoelectronics Stock Up 11.1%

NASDAQ:AAOI opened at $196.64 on Tuesday. The firm has a market capitalization of $15.78 billion, a PE ratio of -297.94 and a beta of 3.67. The stock has a 50 day moving average of $157.31 and a 200-day moving average of $88.28. Applied Optoelectronics, Inc. has a 52 week low of $15.29 and a 52 week high of $233.67. The company has a current ratio of 3.83, a quick ratio of 3.03 and a debt-to-equity ratio of 0.18.

Applied Optoelectronics (NASDAQ:AAOI) last posted its earnings results on Thursday, May 7th. The semiconductor company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The company had revenue of $151.14 million for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 51.3% compared to the same quarter last year. During the same period last year, the company posted ($0.02) earnings per share. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. Analysts predict that Applied Optoelectronics, Inc. will post 0.6 EPS for the current year.

Applied Optoelectronics Company 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.