Assenagon Asset Management S.A. Buys New Shares in Applied Optoelectronics, Inc. $AAOI

Assenagon Asset Management S.A. purchased a new stake in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) during the first quarter, Holdings Channel reports. The firm purchased 48,762 shares of the semiconductor company’s stock, valued at approximately $4,125,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Krilogy Financial LLC purchased a new position in shares of Applied Optoelectronics in the 1st quarter worth about $151,000. Brookstone Capital Management bought a new stake in Applied Optoelectronics in the 1st quarter worth approximately $541,000. Thompson Davis & CO. Inc. purchased a new stake in Applied Optoelectronics in the first quarter worth approximately $310,000. Caitong International Asset Management Co. Ltd purchased a new stake in Applied Optoelectronics in the fourth quarter worth approximately $1,375,000. Finally, Invesco Ltd. grew its position in Applied Optoelectronics by 5,208.9% during the fourth quarter. Invesco Ltd. now owns 3,512,309 shares of the semiconductor company’s stock valued at $122,439,000 after acquiring an additional 3,446,150 shares during the last quarter. Institutional investors own 61.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on AAOI shares. Wall Street Zen lowered shares of Applied Optoelectronics from a “hold” rating to a “sell” rating in a report on Monday, April 13th. Raymond James Financial reiterated an “outperform” rating on shares of Applied Optoelectronics in a research report on Wednesday, June 10th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $220.00 price target on shares of Applied Optoelectronics in a research note on Monday, June 22nd. 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. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $113.80.

Insider Activity at Applied Optoelectronics

In other Applied Optoelectronics news, Director Cynthia Delaney sold 56,575 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $189.23, for a total value of $10,705,687.25. Following the completion of the sale, the director owned 59,647 shares in the company, valued at approximately $11,287,001.81. This trade represents a 48.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Chih-Hsiang (Thompson) Lin sold 59,000 shares of Applied Optoelectronics stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $166.53, for a total value of $9,825,270.00. Following the completion of the sale, the chief executive officer owned 1,302,436 shares in the company, valued at approximately $216,894,667.08. This represents a 4.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 500,215 shares of company stock worth $86,716,414 over the last 90 days. 3.80% of the stock is owned by insiders.

Applied Optoelectronics Trading Up 10.6%

Shares of AAOI opened at $150.10 on Tuesday. The stock has a market capitalization of $12.04 billion, a P/E ratio of -227.42 and a beta of 3.67. Applied Optoelectronics, Inc. has a twelve month low of $18.50 and a twelve month high of $233.67. The company has a quick ratio of 3.03, a current ratio of 3.83 and a debt-to-equity ratio of 0.18. The firm has a fifty day simple moving average of $169.71 and a two-hundred day simple moving average of $102.72.

Applied Optoelectronics (NASDAQ:AAOI) last released its quarterly earnings data 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). The firm had revenue of $151.14 million during the quarter, compared to analysts’ expectations of $156.98 million. Applied Optoelectronics had a negative net margin of 8.55% and a negative return on equity of 4.64%. Applied Optoelectronics’s revenue was up 51.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.02) EPS. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. On average, research analysts anticipate that Applied Optoelectronics, Inc. will post 0.6 EPS for the current year.

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.