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

Applied Optoelectronics, Inc. (NASDAQ:AAOI) insider Hung-Lun (Fred) Chang sold 40,329 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were 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 owned 286,124 shares of the company’s stock, valued at approximately $48,812,754.40. This represents a 12.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 transaction 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 transaction of $5,826,733.80.

Applied Optoelectronics Stock Down 3.3%

Shares of NASDAQ AAOI opened at $161.85 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.83 and a quick ratio of 3.03. The company has a 50-day moving average price of $168.99 and a 200-day moving average price of $96.64. The stock has a market capitalization of $12.99 billion, a P/E ratio of -245.23 and a beta of 3.66. Applied Optoelectronics, Inc. has a 1 year low of $18.50 and a 1 year high of $233.67.

Applied Optoelectronics (NASDAQ:AAOI) last announced its quarterly earnings results on Thursday, May 7th. The semiconductor company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The business had revenue of $151.14 million during the quarter, compared to the consensus estimate 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 period in the previous year, the business posted ($0.02) EPS. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. On average, equities research analysts forecast that Applied Optoelectronics, Inc. will post 0.6 EPS for the current fiscal year.

Hedge Funds Weigh In On Applied Optoelectronics

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Invesco Ltd. increased its holdings 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 worth $122,439,000 after buying an additional 3,446,150 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Applied Optoelectronics by 5,321.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,229,757 shares of the semiconductor company’s stock valued at $77,730,000 after acquiring an additional 2,188,630 shares during the last quarter. Morgan Stanley grew its position in shares of Applied Optoelectronics by 157.1% during the 4th quarter. Morgan Stanley now owns 1,699,855 shares of the semiconductor company’s stock valued at $59,257,000 after acquiring an additional 1,038,775 shares during the period. Hawk Ridge Capital Management LP grew its position in shares of Applied Optoelectronics by 106.2% during the 4th quarter. Hawk Ridge Capital Management LP now owns 1,700,900 shares of the semiconductor company’s stock valued at $59,293,000 after acquiring an additional 875,903 shares during the period. Finally, Artemis Investment Management LLP purchased a new stake in shares of Applied Optoelectronics during the 4th quarter worth approximately $26,923,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AAOI has been the subject of several analyst reports. B. Riley Financial upgraded shares of Applied Optoelectronics from a “sell” rating to a “neutral” rating and set a $54.00 target price for the company in a report on Friday, February 27th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Applied Optoelectronics in a research report on Thursday, February 19th. Raymond James Financial reiterated an “outperform” rating on shares of Applied Optoelectronics in a research note on Wednesday, June 10th. Northland Securities restated a “market perform” rating and issued a $55.00 target price on shares of Applied Optoelectronics in a research note on Friday, February 27th. Finally, Wall Street Zen downgraded Applied Optoelectronics from a “hold” rating to a “sell” rating in a research note on Monday, April 13th. Three investment 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. Based on data from MarketBeat.com, Applied Optoelectronics has a consensus rating of “Hold” and an average target price of $79.80.

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.