Min-Chu (Mike) Chen Sells 8,247 Shares of Applied Optoelectronics (NASDAQ:AAOI) Stock

Applied Optoelectronics, Inc. (NASDAQ:AAOI) Director Min-Chu (Mike) Chen sold 8,247 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $201.00, for a total value of $1,657,647.00. Following the transaction, the director owned 161,053 shares of the company’s stock, valued at approximately $32,371,653. This trade represents a 4.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Min-Chu (Mike) Chen also recently made the following trade(s):

• On Monday, March 9th, Min-Chu (Mike) Chen sold 8,835 shares of Applied Optoelectronics stock. The stock was sold at an average price of $108.72, for a total value of $960,541.20.
• On Friday, March 6th, Min-Chu (Mike) Chen sold 2,500 shares of Applied Optoelectronics stock. The stock was sold at an average price of $97.00, for a total value of $242,500.00.

Applied Optoelectronics Stock Down 12.8%

NASDAQ AAOI opened at $177.00 on Friday. The stock’s 50 day moving average is $155.32 and its 200 day moving average is $86.58. 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, Inc. has a 12 month low of $15.29 and a 12 month high of $233.67. The stock has a market cap of $14.20 billion, a PE ratio of -268.18 and a beta of 3.66.

Applied Optoelectronics (NASDAQ:AAOI) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). Applied Optoelectronics had a negative return on equity of 4.64% and a negative net margin of 8.55%.The business had revenue of $151.14 million during the quarter, compared to analysts’ expectations of $156.98 million. During the same period in the prior year, the firm posted ($0.02) earnings per share. The firm’s revenue for the quarter was up 51.3% on a year-over-year basis. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. Research analysts predict that Applied Optoelectronics, Inc. will post 0.6 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on AAOI shares. Rosenblatt Securities reissued a “buy” rating and issued a $50.00 price target on shares of Applied Optoelectronics in a report on Thursday, February 19th. Wall Street Zen cut Applied Optoelectronics from a “hold” rating to a “sell” rating in a report on Monday, April 13th. Raymond James Financial reissued an “outperform” rating and issued a $160.00 price target on shares of Applied Optoelectronics in a report on Friday, May 8th. Northland Securities reissued a “market perform” rating and issued a $55.00 price target on shares of Applied Optoelectronics in a report on Friday, February 27th. Finally, Needham & Company LLC upped their price objective on Applied Optoelectronics from $43.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $79.80.

Institutional Trading of Applied Optoelectronics

Several hedge funds have recently modified their holdings of AAOI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Applied Optoelectronics by 10.4% during the 1st 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 purchased a new stake in shares of Applied Optoelectronics during the 2nd quarter worth approximately $377,000. New York State Common Retirement Fund raised its holdings in shares of Applied Optoelectronics by 36.0% during the 2nd quarter. New York State Common Retirement Fund now owns 17,000 shares of the semiconductor company’s stock worth $437,000 after acquiring an additional 4,500 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Applied Optoelectronics by 50.0% during the 2nd quarter. Invesco Ltd. now owns 60,817 shares of the semiconductor company’s stock worth $1,562,000 after acquiring an additional 20,261 shares in the last quarter. Finally, First Trust Advisors LP purchased a new stake in shares of Applied Optoelectronics during the 2nd quarter worth approximately $952,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

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.