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

Applied Optoelectronics, Inc. (NASDAQ:AAOI) Director Min-Chu (Mike) Chen sold 8,247 shares of the firm’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 transaction of $1,657,647.00. Following the completion of the transaction, the director directly owned 161,053 shares in the company, valued at approximately $32,371,653. The trade was a 4.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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 transaction 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 transaction of $242,500.00.

Applied Optoelectronics Trading Up 10.2%

Shares of NASDAQ AAOI traded up $18.82 during midday trading on Thursday, reaching $202.89. 14,396,885 shares of the stock were exchanged, compared to its average volume of 10,039,999. The business has a 50-day simple moving average of $152.29 and a two-hundred day simple moving average of $84.67. The company has a market capitalization of $16.28 billion, a price-to-earnings ratio of -307.41 and a beta of 3.66. Applied Optoelectronics, Inc. has a 12 month low of $15.29 and a 12 month high of $233.67. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.83 and a quick ratio of 3.03.

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

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. B. Riley Financial raised shares of Applied Optoelectronics from a “sell” rating to a “neutral” rating and set a $54.00 price target on the stock in a research report on Friday, February 27th. Rosenblatt Securities reissued a “buy” rating and set a $50.00 price target on shares of Applied Optoelectronics in a research report on Thursday, February 19th. Needham & Company LLC lifted their price target on shares of Applied Optoelectronics from $43.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Raymond James Financial reissued an “outperform” rating and set a $160.00 price target on shares of Applied Optoelectronics in a research report on Friday, May 8th. Finally, Northland Securities reaffirmed a “market perform” rating and issued a $55.00 price objective on shares of Applied Optoelectronics in a research report on Friday, February 27th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $79.80.

Institutional Investors Weigh In On Applied Optoelectronics

Several institutional investors have recently added to or reduced their stakes in AAOI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Applied Optoelectronics by 10.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,579 shares of the semiconductor company’s stock valued at $393,000 after acquiring an additional 2,415 shares in the last quarter. Cetera Investment Advisers bought a new stake in Applied Optoelectronics in the 2nd quarter valued at $377,000. New York State Common Retirement Fund lifted its position in Applied Optoelectronics by 36.0% in the 2nd quarter. New York State Common Retirement Fund now owns 17,000 shares of the semiconductor company’s stock valued at $437,000 after acquiring an additional 4,500 shares in the last quarter. Invesco Ltd. lifted its position in Applied Optoelectronics by 50.0% in the 2nd quarter. Invesco Ltd. now owns 60,817 shares of the semiconductor company’s stock valued at $1,562,000 after acquiring an additional 20,261 shares in the last quarter. Finally, First Trust Advisors LP bought a new stake in Applied Optoelectronics in the 2nd quarter valued at $952,000. 61.70% of the stock is owned by institutional investors.

About Applied Optoelectronics

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.