141,920 Shares in Applied Optoelectronics, Inc. $AAOI Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 141,920 shares of the semiconductor company’s stock, valued at approximately $14,087,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.17% of Applied Optoelectronics at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Polaris Financial Partners purchased a new stake in shares of Applied Optoelectronics during the 3rd quarter worth $26,000. EFG International AG acquired a new position in shares of Applied Optoelectronics during the 2nd quarter worth $44,000. Persistent Asset Partners Ltd purchased a new position in shares of Applied Optoelectronics in the 2nd quarter valued at about $47,000. Fiduciary Financial Advisors purchased a new position in shares of Applied Optoelectronics in the 2nd quarter valued at about $48,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of Applied Optoelectronics in the second quarter valued at about $58,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

Key Headlines Impacting Applied Optoelectronics

Here are the key news stories impacting Applied Optoelectronics this week:

• Positive Sentiment: Northland Securities upgraded AAOI from “market perform” to “outperform” and set a $120 price target, a bullish signal ahead of earnings. Northland Securities upgrade
• Positive Sentiment: Pre-earnings coverage points to strong AI-infrastructure demand and expanding capacity as potential growth drivers. A separate preview highlights the company’s growth outlook going into the report. Zacks Q3 earnings outlook Seeking Alpha earnings preview
• Positive Sentiment: AAOI participated in a rebound among optical-networking stocks, suggesting sector-wide buying helped sentiment. Optical stocks rebound
• Neutral Sentiment: Investors are focused on the upcoming Q3 results for evidence that demand and capacity expansion are translating into execution and growth. Investor attention ahead of earnings
• Negative Sentiment: Coverage flags supply constraints and valuation as risks. AAOI has also fallen sharply since June, leaving the shares vulnerable if results or outlook disappoint. Risks ahead of Q3 earnings Valuation and outlook discussion

Applied Optoelectronics Stock Performance

Shares of AAOI opened at $63.97 on Wednesday. Applied Optoelectronics, Inc. has a 12-month low of $18.50 and a 12-month high of $233.67. The stock has a market cap of $5.41 billion, a P/E ratio of -82.01 and a beta of 4.04. The company has a current ratio of 2.78, a quick ratio of 2.13 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average of $96.64 and a two-hundred day moving average of $113.03.

Applied Optoelectronics (NASDAQ:AAOI) last released its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.02 by $0.04. Applied Optoelectronics had a negative net margin of 9.57% and a negative return on equity of 1.98%. The business had revenue of $191.92 million for the quarter, compared to analyst estimates of $190.48 million. During the same period in the prior year, the business earned ($0.16) earnings per share. The company’s quarterly 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, research analysts predict that Applied Optoelectronics, Inc. will post 0.55 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on AAOI. 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 raised shares of Applied Optoelectronics from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, October 21st. Raymond James Financial reaffirmed an “outperform” rating and issued a $178.00 target price on shares of Applied Optoelectronics in a report on Tuesday, August 11th. Northland Securities raised Applied Optoelectronics from a “market perform” rating to an “outperform” rating and set a $120.00 price target on the stock in a research note on Monday. Finally, Rosenblatt Securities restated a “buy” rating and issued a $220.00 price target on shares of Applied Optoelectronics in a report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $156.00.

Insiders Place Their Bets

In other news, insider Shu-Hua Yeh sold 6,000 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $147.73, for a total value of $886,380.00. Following the completion of the transaction, the insider directly owned 377,498 shares of the company’s stock, valued at $55,767,779.54. The trade was a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Stefan Murry sold 4,000 shares of the business’s stock in a transaction on Monday, October 12th. The stock was sold at an average price of $102.87, for a total value of $411,480.00. Following the completion of the transaction, the chief financial officer directly owned 363,168 shares of the company’s stock, valued at approximately $37,359,092.16. This trade represents a 1.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 52,172 shares of company stock valued at $5,985,036. Corporate insiders own 3.80% of the company’s stock.

Applied Optoelectronics Company Profile

Applied Optoelectronics, Inc (NASDAQ: AAOI) develops and manufactures fiber-optic networking products and solutions. Its offerings include optical transceivers, transmitters, receivers, lasers, and related components used to transmit data across fiber-optic networks.

The company serves several communications markets, including data centers, broadband access networks, cable television, and telecommunications. Its products are designed for applications such as high-speed data transmission, fiber-to-the-home and other broadband deployments, network connectivity, and communications infrastructure.

Founded in 1997 and headquartered in Sugar Land, Texas, Applied Optoelectronics supports customers in multiple regions, including North America, Asia, and other international markets.