16,820 Shares in Applied Optoelectronics, Inc. $AAOI Bought by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC acquired a new stake in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 16,820 shares of the semiconductor company’s stock, valued at approximately $2,492,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in Applied Optoelectronics in the second quarter valued at approximately $955,672,000. Invesco Ltd. increased its position in shares of 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 purchasing an additional 3,446,150 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Applied Optoelectronics by 5,321.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,229,757 shares of the semiconductor company’s stock worth $77,730,000 after purchasing an additional 2,188,630 shares in the last quarter. Morgan Stanley lifted its holdings 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 purchasing an additional 1,038,775 shares during the last quarter. Finally, Hawk Ridge Capital Management LP lifted its holdings 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 purchasing an additional 875,903 shares during the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

Insider Activity at Applied Optoelectronics

In other news, insider Hung-Lun (Fred) Chang sold 40,329 shares of Applied Optoelectronics stock in a transaction that occurred 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 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 filing with the Securities & Exchange Commission, which can be accessed through this link. 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 that occurred on Friday, June 12th. The shares were sold at an average price of $166.53, for a total value of $5,495,490.00. Following the completion of the transaction, the chief financial officer owned 384,576 shares in the company, valued at $64,043,441.28. This represents a 7.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 323,204 shares of company stock valued at $55,700,961 in the last three months. Company insiders own 3.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Needham & Company LLC dropped their target price on Applied Optoelectronics from $220.00 to $190.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Rosenblatt Securities reiterated a “buy” rating and issued a $220.00 price target on shares of Applied Optoelectronics in a research note on Friday, August 7th. Weiss Ratings downgraded Applied Optoelectronics from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday. Raymond James Financial restated an “outperform” rating and set a $178.00 price target on shares of Applied Optoelectronics in a research note on Tuesday, August 11th. Finally, B. Riley Financial restated a “neutral” rating on shares of Applied Optoelectronics in a report on Friday, August 7th. Three 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. According to data from MarketBeat.com, Applied Optoelectronics currently has a consensus rating of “Hold” and a consensus target price of $139.40.

Applied Optoelectronics Price Performance

NASDAQ:AAOI opened at $122.19 on Thursday. The firm’s fifty day moving average is $129.48 and its two-hundred day moving average is $124.25. The firm has a market cap of $10.33 billion, a price-to-earnings ratio of -156.65 and a beta of 3.76. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.13 and a current ratio of 2.78. Applied Optoelectronics, Inc. has a one year low of $18.50 and a one year high of $233.67.

Applied Optoelectronics (NASDAQ:AAOI) last posted its earnings results on Thursday, August 6th. The semiconductor company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.04. The business had revenue of $191.92 million for the quarter, compared to analyst estimates of $190.48 million. Applied Optoelectronics had a negative net margin of 9.57% and a negative return on equity of 1.98%. The company’s revenue for the quarter was up 86.3% on a year-over-year basis. During the same period in the prior year, the company posted ($0.16) EPS. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. Research analysts expect that Applied Optoelectronics, Inc. will post 0.6 EPS for the current year.

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.