Jupiter Topco LLC Purchases New Holdings in Applied Optoelectronics, Inc. $AAOI

Jupiter Topco LLC purchased a new stake in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 32,919 shares of the semiconductor company’s stock, valued at approximately $4,874,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Applied Optoelectronics by 10.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,579 shares of the semiconductor company’s stock valued at $393,000 after acquiring an additional 2,415 shares during the last quarter. Cetera Investment Advisers acquired a new stake in Applied Optoelectronics in the second quarter worth $377,000. New York State Common Retirement Fund lifted its holdings in Applied Optoelectronics by 36.0% during the second quarter. New York State Common Retirement Fund now owns 17,000 shares of the semiconductor company’s stock worth $437,000 after acquiring an additional 4,500 shares in the last quarter. Invesco Ltd. raised its position in shares of Applied Optoelectronics by 50.0% during the second quarter. Invesco Ltd. now owns 60,817 shares of the semiconductor company’s stock worth $1,562,000 after purchasing an additional 20,261 shares during the period. Finally, First Trust Advisors LP bought a new stake in Applied Optoelectronics during the 2nd quarter worth approximately $952,000. 61.70% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Shu-Hua (Joshua) Yeh sold 6,000 shares of the 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 sale, the insider owned 377,498 shares in the company, valued at approximately $55,767,779.54. This represents a 1.56% 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, insider David C. Kuo sold 29,227 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $166.53, for a total value of $4,867,172.31. Following the sale, the insider directly owned 149,078 shares of the company’s stock, valued at $24,825,959.34. This represents a 16.39% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 264,382 shares of company stock valued at $44,224,007. Insiders own 3.80% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Raymond James Financial reiterated an “outperform” rating and issued a $178.00 price target on shares of Applied Optoelectronics in a report on Tuesday, August 11th. B. Riley Financial reissued a “neutral” rating on shares of Applied Optoelectronics in a research report on Friday, August 7th. Rosenblatt Securities restated a “buy” rating and set a $220.00 target price on shares of Applied Optoelectronics in a report on Friday, August 7th. Wall Street Zen raised shares of Applied Optoelectronics from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings lowered shares of Applied Optoelectronics from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, August 17th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $139.40.

Applied Optoelectronics Stock Up 1.4%

Shares of AAOI stock opened at $107.69 on Tuesday. Applied Optoelectronics, Inc. has a 52-week low of $18.50 and a 52-week high of $233.67. The stock has a market cap of $9.11 billion, a price-to-earnings ratio of -138.06 and a beta of 3.76. The firm’s 50-day moving average is $120.47 and its 200-day moving average is $128.21. 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 (NASDAQ:AAOI) last posted its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The business had revenue of $191.92 million during the quarter, compared to analysts’ expectations of $190.48 million. Applied Optoelectronics had a negative return on equity of 1.98% and a negative net margin of 9.57%.Applied Optoelectronics’s quarterly revenue was up 86.3% on a year-over-year basis. During the same quarter last year, the company posted ($0.16) earnings per share. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. Sell-side analysts predict that Applied Optoelectronics, Inc. will post 0.55 EPS for the current year.

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.