Applied Optoelectronics, Inc. $AAOI Stock Holdings Lifted by FirstWave Capital Management LLC

FirstWave Capital Management LLC increased its stake in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 199.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 58,277 shares of the semiconductor company’s stock after acquiring an additional 38,823 shares during the quarter. Applied Optoelectronics accounts for 3.8% of FirstWave Capital Management LLC’s portfolio, making the stock its 8th biggest position. FirstWave Capital Management LLC’s holdings in Applied Optoelectronics were worth $8,634,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of AAOI. Geneos Wealth Management Inc. lifted its stake in Applied Optoelectronics by 1.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 18,072 shares of the semiconductor company’s stock valued at $1,529,000 after acquiring an additional 243 shares in the last quarter. Comerica Bank grew its stake in shares of Applied Optoelectronics by 27.6% in the 4th quarter. Comerica Bank now owns 1,386 shares of the semiconductor company’s stock worth $48,000 after acquiring an additional 300 shares in the last quarter. EFG International AG bought a new stake in shares of Applied Optoelectronics in the 2nd quarter worth $44,000. Persistent Asset Partners Ltd purchased a new stake in shares of Applied Optoelectronics in the second quarter valued at about $47,000. Finally, Fiduciary Financial Advisors purchased a new stake in shares of Applied Optoelectronics in the second quarter valued at about $48,000. 61.70% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Applied Optoelectronics

In other Applied Optoelectronics news, insider Hung-Lun Chang sold 40,329 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $170.60, for a total value of $6,880,127.40. Following the transaction, the insider directly owned 286,124 shares in the company, valued at $48,812,754.40. The trade was 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, insider Shu-Hua Yeh sold 28,826 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $166.53, for a total transaction of $4,800,393.78. Following the sale, the insider owned 400,207 shares of the company’s stock, valued at approximately $66,646,471.71. The trade was a 6.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 250,382 shares of company stock valued at $41,373,027. Corporate insiders own 3.80% of the company’s stock.

Applied Optoelectronics Trading Up 5.1%

NASDAQ AAOI opened at $105.53 on Friday. The business’s fifty day moving average is $117.34 and its 200-day moving average is $129.24. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.78 and a quick ratio of 2.13. The stock has a market capitalization of $8.92 billion, a price-to-earnings ratio of -135.29 and a beta of 3.79. 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 quarterly earnings results on Thursday, August 6th. The semiconductor company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.04. The company had revenue of $191.92 million during 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%. During the same quarter in the prior year, the business earned ($0.16) earnings per share. The firm’s revenue for the quarter was up 86.3% on a year-over-year basis. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. Equities research analysts predict that Applied Optoelectronics, Inc. will post 0.55 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on AAOI shares. Wall Street Zen upgraded shares of Applied Optoelectronics from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Needham & Company LLC decreased their price objective on shares of Applied Optoelectronics from $220.00 to $190.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Raymond James Financial reiterated an “outperform” rating and issued a $178.00 price objective on shares of Applied Optoelectronics in a research note on Tuesday, August 11th. B. Riley Financial reissued a “neutral” rating on shares of Applied Optoelectronics in a research report on Friday, August 7th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $220.00 target price on shares of Applied Optoelectronics in a research note 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 MarketBeat.com, Applied Optoelectronics presently has a consensus rating of “Hold” and an average target price of $139.40.

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.