Squarepoint Ops LLC Takes $4.28 Million Position in Applied Optoelectronics, Inc. $AAOI

Squarepoint Ops LLC bought a new stake in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 166,738 shares of the semiconductor company’s stock, valued at approximately $4,283,000.

A number of other institutional investors have also bought and sold shares of AAOI. Marex Group plc bought a new stake in Applied Optoelectronics during the second quarter valued at about $1,420,000. Headlands Technologies LLC purchased a new stake in shares of Applied Optoelectronics during the second quarter worth about $57,000. Tower Research Capital LLC TRC raised its stake in Applied Optoelectronics by 244.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,832 shares of the semiconductor company’s stock valued at $176,000 after purchasing an additional 4,846 shares during the period. E Fund Management Co. Ltd. purchased a new position in Applied Optoelectronics in the 2nd quarter worth approximately $2,939,000. Finally, Gilder Gagnon Howe & Co. LLC purchased a new position in Applied Optoelectronics in the 2nd quarter worth approximately $1,816,000. Hedge funds and other institutional investors own 61.72% of the company’s stock.

Applied Optoelectronics Trading Down 6.7%

Shares of AAOI opened at $29.90 on Tuesday. The stock has a market capitalization of $2.04 billion, a PE ratio of -9.29 and a beta of 3.26. The company’s fifty day moving average is $28.72 and its 200 day moving average is $25.86. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.63 and a current ratio of 2.31. Applied Optoelectronics, Inc. has a fifty-two week low of $9.71 and a fifty-two week high of $41.27.

Applied Optoelectronics (NASDAQ:AAOI) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.01. Applied Optoelectronics had a negative net margin of 36.97% and a negative return on equity of 7.34%. The business had revenue of $118.63 million during the quarter, compared to analyst estimates of $119.77 million. During the same quarter last year, the business earned ($0.21) earnings per share. Applied Optoelectronics’s quarterly revenue was up 82.1% compared to the same quarter last year. Applied Optoelectronics has set its Q4 2025 guidance at -0.130–0.040 EPS. Sell-side analysts expect that Applied Optoelectronics, Inc. will post -1.18 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AAOI has been the subject of a number of research analyst reports. Rosenblatt Securities increased their price objective on shares of Applied Optoelectronics from $35.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Applied Optoelectronics in a research report on Wednesday, October 8th. Needham & Company LLC lifted their price target on shares of Applied Optoelectronics from $38.00 to $43.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Northland Securities set a $45.00 price target on shares of Applied Optoelectronics in a research note on Thursday. Finally, B. Riley reissued a “sell” rating and set a $15.00 price objective on shares of Applied Optoelectronics in a report on Monday, November 10th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $35.60.

About Applied Optoelectronics

Applied Optoelectronics, Inc designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, distribution equipment, and amplifiers.