Jennison Associates LLC Invests $435,000 in Applied Optoelectronics, Inc. $AAOI

Jennison Associates LLC purchased a new stake in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,144 shares of the semiconductor company’s stock, valued at approximately $435,000.

Several other institutional investors have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. bought a new stake in shares of Applied Optoelectronics during the 1st quarter valued at about $4,125,000. Next Century Growth Investors LLC bought a new position in shares of Applied Optoelectronics in the 4th quarter worth approximately $16,220,000. Penn Capital Management Company LLC lifted its stake in shares of Applied Optoelectronics by 4.7% in the 4th quarter. Penn Capital Management Company LLC now owns 446,032 shares of the semiconductor company’s stock worth $15,565,000 after purchasing an additional 20,077 shares during the period. 1492 Capital Management LLC purchased a new position in shares of Applied Optoelectronics in the fourth quarter worth approximately $7,529,000. Finally, CenterBook Partners LP purchased a new position in shares of Applied Optoelectronics in the fourth quarter worth approximately $1,074,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

Applied Optoelectronics Trading Up 1.4%

Applied Optoelectronics stock opened at $112.02 on Friday. The firm has a 50 day moving average of $152.29 and a 200 day moving average of $113.19. The firm has a market capitalization of $8.99 billion, a price-to-earnings ratio of -169.73 and a beta of 3.69. Applied Optoelectronics, Inc. has a 12-month low of $18.50 and a 12-month 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.

Applied Optoelectronics (NASDAQ:AAOI) last released its earnings results on Thursday, May 7th. The semiconductor company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). The firm had revenue of $151.14 million for the quarter, compared to the consensus estimate of $156.98 million. Applied Optoelectronics had a negative return on equity of 4.64% and a negative net margin of 8.55%.Applied Optoelectronics’s revenue was up 51.3% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.02) EPS. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. As a group, research analysts predict that Applied Optoelectronics, Inc. will post 0.6 earnings per share for the current year.

Insider Activity

In other Applied Optoelectronics news, insider Hung-Lun (Fred) Chang sold 40,329 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $170.60, for a total transaction of $6,880,127.40. Following the sale, the insider directly owned 286,124 shares of the company’s stock, valued at $48,812,754.40. This trade represents a 12.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Stefan J. Murry sold 4,000 shares of the business’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $122.09, for a total value of $488,360.00. Following the completion of the transaction, the chief financial officer owned 380,576 shares in the company, valued at $46,464,523.84. The trade was a 1.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 500,215 shares of company stock worth $86,658,774. 3.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

AAOI has been the subject of several recent research reports. Rosenblatt Securities restated a “buy” rating and set a $220.00 target price on shares of Applied Optoelectronics in a research report on Monday, June 22nd. Needham & Company LLC dropped their price target on shares of Applied Optoelectronics from $260.00 to $220.00 and set a “buy” rating on the stock in a research note on Wednesday. Raymond James Financial reissued an “outperform” rating on shares of Applied Optoelectronics in a research report on Wednesday, June 10th. Weiss Ratings restated a “sell (d-)” rating on shares of Applied Optoelectronics in a research note on Tuesday, July 7th. Finally, Wall Street Zen cut Applied Optoelectronics from a “hold” rating to a “sell” rating in a report on Monday, April 13th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Applied Optoelectronics presently has an average rating of “Hold” and a consensus price target of $141.80.

About Applied Optoelectronics

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.