1492 Capital Management LLC Sells 90,851 Shares of Applied Optoelectronics, Inc. $AAOI

1492 Capital Management LLC lowered its stake in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 42.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 125,136 shares of the semiconductor company’s stock after selling 90,851 shares during the period. Applied Optoelectronics accounts for 4.0% of 1492 Capital Management LLC’s holdings, making the stock its 2nd biggest position. 1492 Capital Management LLC’s holdings in Applied Optoelectronics were worth $10,585,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Allworth Financial LP increased its holdings in Applied Optoelectronics by 1,923.7% during the fourth quarter. Allworth Financial LP now owns 769 shares of the semiconductor company’s stock worth $27,000 after buying an additional 731 shares during the last quarter. Comerica Bank acquired a new stake in Applied Optoelectronics in the third quarter valued at $28,000. Northwestern Mutual Wealth Management Co. lifted its stake in Applied Optoelectronics by 166.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,200 shares of the semiconductor company’s stock valued at $42,000 after acquiring an additional 750 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Applied Optoelectronics in the fourth quarter valued at $55,000. Finally, Krilogy Financial LLC bought a new position in shares of Applied Optoelectronics in the 1st quarter valued at about $151,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

Applied Optoelectronics Price Performance

Shares of AAOI opened at $136.01 on Friday. The firm has a market capitalization of $10.91 billion, a PE ratio of -206.07 and a beta of 3.66. The company’s 50-day moving average is $169.85 and its 200-day moving average is $101.36. Applied Optoelectronics, Inc. has a fifty-two week low of $18.50 and a fifty-two week 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 posted its earnings results on Thursday, May 7th. The semiconductor company reported ($0.07) earnings per share (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 company had revenue of $151.14 million for the quarter, compared to analyst estimates of $156.98 million. During the same quarter in the prior year, the business posted ($0.02) EPS. The business’s quarterly revenue was up 51.3% compared to the same quarter last year. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. Equities analysts forecast that Applied Optoelectronics, Inc. will post 0.6 EPS for the current year.

Insider Activity

In other news, insider David C. Kuo sold 29,227 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $166.53, for a total transaction of $4,867,172.31. Following the completion of the sale, the insider owned 149,078 shares in the company, valued at $24,825,959.34. The trade was a 16.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Stefan J. Murry sold 33,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $166.53, for a total value of $5,495,490.00. Following the completion of the transaction, the chief financial officer directly owned 384,576 shares in the company, valued at $64,043,441.28. The trade was a 7.90% decrease in their position. 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. Over the last three months, insiders sold 500,215 shares of company stock valued at $86,716,414. Company insiders own 3.80% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Rosenblatt Securities restated a “buy” rating and set a $220.00 price objective on shares of Applied Optoelectronics in a research note on Monday, June 22nd. Raymond James Financial reiterated an “outperform” rating on shares of Applied Optoelectronics in a research note on Wednesday, June 10th. Finally, Wall Street Zen cut Applied Optoelectronics from a “hold” rating to a “sell” rating in a report on Monday, April 13th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Applied Optoelectronics presently has an average rating of “Hold” and a consensus price target of $113.80.

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.