Applied Optoelectronics (NASDAQ:AAOI) Insider Hung-Lun (Fred) Chang Sells 32,172 Shares of Stock

Applied Optoelectronics, Inc. (NASDAQ:AAOI) insider Hung-Lun Chang sold 32,172 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $110.21, for a total transaction of $3,545,676.12. Following the sale, the insider owned 249,276 shares of the company’s stock, valued at $27,472,707.96. This trade represents a 11.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

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

• On Wednesday, June 17th, Hung-Lun Chang sold 40,329 shares of Applied Optoelectronics stock. The stock was sold at an average price of $170.60, for a total transaction of $6,880,127.40.
• On Friday, June 12th, Hung-Lun Chang sold 34,000 shares of Applied Optoelectronics stock. The stock was sold at an average price of $166.53, for a total transaction of $5,662,020.00.

Applied Optoelectronics Trading Down 4.3%

Shares of Applied Optoelectronics stock opened at $103.29 on Friday. Applied Optoelectronics, Inc. has a 1-year low of $18.50 and a 1-year high of $233.67. The company’s fifty day simple moving average is $114.74 and its 200-day simple moving average is $131.55. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.78 and a quick ratio of 2.13. The stock has a market capitalization of $8.74 billion, a PE ratio of -132.42 and a beta of 3.79.

Applied Optoelectronics (NASDAQ:AAOI) last posted its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.02 by $0.04. Applied Optoelectronics had a negative return on equity of 1.98% and a negative net margin of 9.57%.The firm had revenue of $191.92 million during the quarter, compared to analyst estimates of $190.48 million. During the same period in the prior year, the business posted ($0.16) EPS. Applied Optoelectronics’s revenue was up 86.3% on a year-over-year basis. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. As a group, equities analysts anticipate that Applied Optoelectronics, Inc. will post 0.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on AAOI shares. Rosenblatt Securities reaffirmed a “buy” rating and issued a $220.00 price objective on shares of Applied Optoelectronics in a research note on Friday, August 7th. Wall Street Zen raised shares of Applied Optoelectronics from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings lowered shares of Applied Optoelectronics from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, August 17th. B. Riley Financial restated a “neutral” rating on shares of Applied Optoelectronics in a research note on Friday, August 7th. Finally, Needham & Company LLC lowered their price target on shares of Applied Optoelectronics from $220.00 to $190.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $139.40.

Hedge Funds Weigh In On Applied Optoelectronics

Hedge funds have recently made changes to their positions in the business. Allworth Financial LP raised its stake in Applied Optoelectronics by 1,923.7% during the 4th quarter. Allworth Financial LP now owns 769 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 731 shares during the period. Comerica Bank purchased a new position in shares of Applied Optoelectronics in the third quarter worth $28,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of 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 worth $42,000 after buying an additional 750 shares in the last quarter. EFG International AG bought a new position in shares of Applied Optoelectronics during the second quarter worth $44,000. Finally, Persistent Asset Partners Ltd bought a new position in shares of Applied Optoelectronics during the second quarter worth $47,000. Institutional investors own 61.70% of the company’s stock.

Applied Optoelectronics Company Profile

Applied Optoelectronics, Inc develops and manufactures fiber-optic networking products and components. Its offerings include optical transceivers, transponders, modules and related equipment used to transmit data over fiber-optic networks.

The company serves several communications markets, including data centers, telecommunications, broadband access and cable television. Its products support applications such as high-speed data transmission, cloud computing, network infrastructure and fiber-based broadband services.

Founded in 1997 and headquartered in Sugar Land, Texas, Applied Optoelectronics serves customers in North America, Asia and other international markets.