KLP Kapitalforvaltning AS Acquires 3,400 Shares of Applied Optoelectronics, Inc. $AAOI

KLP Kapitalforvaltning AS grew its holdings in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 47.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,500 shares of the semiconductor company’s stock after purchasing an additional 3,400 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Applied Optoelectronics were worth $270,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of AAOI. Alyeska Investment Group L.P. acquired a new position in Applied Optoelectronics during the first quarter worth $7,455,000. Vanguard Group Inc. boosted its stake in shares of Applied Optoelectronics by 14.4% during the 1st quarter. Vanguard Group Inc. now owns 2,779,563 shares of the semiconductor company’s stock worth $42,666,000 after acquiring an additional 350,145 shares in the last quarter. Royce & Associates LP increased its holdings in shares of Applied Optoelectronics by 15.2% during the 1st quarter. Royce & Associates LP now owns 876,543 shares of the semiconductor company’s stock valued at $13,455,000 after acquiring an additional 115,853 shares during the last quarter. Nuveen LLC bought a new position in shares of Applied Optoelectronics in the 1st quarter valued at approximately $1,643,000. Finally, Quantitative Investment Management LLC acquired a new stake in Applied Optoelectronics in the 1st quarter worth approximately $1,049,000. Institutional investors and hedge funds own 61.72% of the company’s stock.

Insider Transactions at Applied Optoelectronics

In other Applied Optoelectronics news, Director Min-Chu (Mike) Chen purchased 7,500 shares of the firm’s stock in a transaction on Wednesday, August 13th. The shares were purchased at an average price of $22.91 per share, for a total transaction of $171,825.00. Following the completion of the purchase, the director directly owned 22,500 shares of the company’s stock, valued at approximately $515,475. This represents a 50.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Hung-Lun (Fred) Chang sold 15,784 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $22.70, for a total transaction of $358,296.80. Following the transaction, the insider directly owned 256,326 shares of the company’s stock, valued at $5,818,600.20. The trade was a 5.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders purchased 44,100 shares of company stock valued at $1,000,878 over the last 90 days. Corporate insiders own 4.50% of the company’s stock.

Applied Optoelectronics Stock Up 2.5%

NASDAQ AAOI opened at $31.92 on Monday. Applied Optoelectronics, Inc. has a twelve month low of $9.71 and a twelve month high of $44.50. The stock has a market cap of $1.99 billion, a PE ratio of -9.50 and a beta of 2.92. The firm has a 50-day simple moving average of $26.59 and a 200 day simple moving average of $21.79. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.47 and a current ratio of 2.11.

Applied Optoelectronics (NASDAQ:AAOI) last posted its quarterly earnings results on Thursday, August 7th. The semiconductor company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.08). Applied Optoelectronics had a negative net margin of 42.29% and a negative return on equity of 10.60%. The firm had revenue of $102.95 million during the quarter, compared to analyst estimates of $104.96 million. During the same period last year, the company earned ($0.28) EPS. The company’s revenue was up 137.9% on a year-over-year basis. Applied Optoelectronics has set its Q3 2025 guidance at -0.100–0.030 EPS. On average, research analysts forecast that Applied Optoelectronics, Inc. will post -1.18 EPS for the current year.

Wall Street Analyst Weigh In

AAOI has been the subject of a number of recent analyst reports. Raymond James Financial upped their target price on Applied Optoelectronics from $18.00 to $25.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. Needham & Company LLC started coverage on shares of Applied Optoelectronics in a research note on Friday, July 25th. They issued a “buy” rating and a $32.00 target price on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Applied Optoelectronics in a report on Wednesday, October 8th. Wolfe Research began coverage on shares of Applied Optoelectronics in a report on Tuesday, July 8th. They set a “peer perform” rating for the company. Finally, Wall Street Zen lowered Applied Optoelectronics from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $27.20.

Applied Optoelectronics Profile

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.