Hung-Lun (Fred) Chang Sells 40,329 Shares of Applied Optoelectronics (NASDAQ:AAOI) Stock

Applied Optoelectronics, Inc. (NASDAQ:AAOI) insider Hung-Lun (Fred) Chang sold 40,329 shares of Applied Optoelectronics stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $170.60, for a total value of $6,880,127.40. Following the completion of the sale, the insider directly owned 286,124 shares in the company, valued at approximately $48,812,754.40. The trade was a 12.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hung-Lun (Fred) Chang also recently made the following trade(s):

• On Friday, June 12th, Hung-Lun (Fred) Chang sold 34,000 shares of Applied Optoelectronics stock. The stock was sold at an average price of $166.53, for a total value of $5,662,020.00.
• On Friday, June 5th, Hung-Lun (Fred) Chang sold 4,000 shares of Applied Optoelectronics stock. The shares were sold at an average price of $200.07, for a total value of $800,280.00.
• On Tuesday, May 19th, Hung-Lun (Fred) Chang sold 33,630 shares of Applied Optoelectronics stock. The shares were sold at an average price of $173.26, for a total value of $5,826,733.80.

Applied Optoelectronics Stock Performance

AAOI stock opened at $161.85 on Friday. The firm has a fifty day moving average price of $169.57 and a 200 day moving average price of $97.10. Applied Optoelectronics, Inc. has a fifty-two week low of $18.50 and a fifty-two week high of $233.67. The firm has a market cap of $12.99 billion, a PE ratio of -245.23 and a beta of 3.66. The company has a debt-to-equity ratio of 0.18, a quick ratio of 3.03 and a current ratio of 3.83.

Applied Optoelectronics (NASDAQ:AAOI) last released its quarterly 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 net margin of 8.55% and a negative return on equity of 4.64%. The business had revenue of $151.14 million for the quarter, compared to analysts’ expectations of $156.98 million. During the same period in the previous year, the company earned ($0.02) EPS. Applied Optoelectronics’s revenue for the quarter 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. Sell-side analysts anticipate that Applied Optoelectronics, Inc. will post 0.6 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AAOI. Raymond James Financial reaffirmed an “outperform” rating on shares of Applied Optoelectronics in a report on Wednesday, June 10th. Wall Street Zen cut Applied Optoelectronics from a “hold” rating to a “sell” rating in a research note on Monday, April 13th. 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 report on Friday, February 27th. Northland Securities restated a “market perform” rating and set a $55.00 price objective on shares of Applied Optoelectronics in a research report on Friday, February 27th. Finally, B. Riley Financial raised Applied Optoelectronics from a “sell” rating to a “neutral” rating and set a $54.00 price objective for the company in a research note on Friday, February 27th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $79.80.

Institutional Trading of Applied Optoelectronics

Several institutional investors and hedge funds have recently modified their holdings of AAOI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in 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 purchasing an additional 2,415 shares during the period. Cetera Investment Advisers purchased a new stake in shares of Applied Optoelectronics in the 2nd quarter worth $377,000. New York State Common Retirement Fund lifted its holdings in shares of 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 worth $437,000 after buying an additional 4,500 shares during the period. Invesco Ltd. grew its position 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 buying an additional 20,261 shares in the last quarter. Finally, First Trust Advisors LP bought a new position in shares of Applied Optoelectronics during the 2nd quarter worth $952,000. Institutional investors own 61.70% of the company’s stock.

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.