Sierra Summit Advisors LLC Purchases New Shares in Applied Optoelectronics, Inc. $AAOI

Sierra Summit Advisors LLC purchased a new position in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 10,102 shares of the semiconductor company’s stock, valued at approximately $855,000.

A number of other hedge funds have also recently added to or reduced their stakes in AAOI. Allworth Financial LP increased its position in Applied Optoelectronics by 1,923.7% in the 4th quarter. Allworth Financial LP now owns 769 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 731 shares in the last quarter. Comerica Bank acquired a new position in shares of Applied Optoelectronics during the third quarter worth approximately $28,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Applied Optoelectronics by 166.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,200 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 750 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Applied Optoelectronics during the fourth quarter worth approximately $55,000. Finally, Headlands Technologies LLC bought a new stake in shares of Applied Optoelectronics during the second quarter valued at approximately $57,000. Institutional investors own 61.70% of the company’s stock.

Applied Optoelectronics Stock Performance

Shares of NASDAQ:AAOI opened at $120.95 on Friday. The stock has a market capitalization of $9.71 billion, a P/E ratio of -183.26 and a beta of 3.69. Applied Optoelectronics, Inc. has a 1-year low of $18.50 and a 1-year high of $233.67. The company has a current ratio of 3.83, a quick ratio of 3.03 and a debt-to-equity ratio of 0.18. The business has a 50-day moving average price of $167.83 and a two-hundred day moving average price of $104.98.

Applied Optoelectronics (NASDAQ:AAOI) last issued its earnings results on Thursday, May 7th. The semiconductor company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $156.98 million. During the same period last year, the business posted ($0.02) EPS. The firm’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. Equities analysts predict that Applied Optoelectronics, Inc. will post 0.6 earnings per share for the current year.

Insiders Place Their Bets

In other Applied Optoelectronics news, insider Hung-Lun (Fred) Chang sold 40,329 shares of Applied Optoelectronics stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $170.60, for a total transaction 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. 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 accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Stefan J. Murry sold 33,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $173.26, for a total transaction of $5,717,580.00. Following the sale, the chief financial officer owned 451,906 shares of the company’s stock, valued at $78,297,233.56. The trade was a 6.81% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 500,215 shares of company stock valued at $86,716,414 over the last three months. 3.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. 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 reaffirmed an “outperform” rating on shares of Applied Optoelectronics in a report on Wednesday, June 10th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $220.00 price objective on shares of Applied Optoelectronics in a research report 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 stock. According to data from MarketBeat.com, Applied Optoelectronics presently has an average rating of “Hold” and an average price target of $113.80.

Applied Optoelectronics 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.