Intech Investment Management LLC Sells 9,313 Shares of Applied Optoelectronics, Inc. $AAOI

Intech Investment Management LLC decreased its position in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 23.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,788 shares of the semiconductor company’s stock after selling 9,313 shares during the period. Intech Investment Management LLC’s holdings in Applied Optoelectronics were worth $791,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. increased its holdings in Applied Optoelectronics by 14.4% during the 1st quarter. Vanguard Group Inc. now owns 2,779,563 shares of the semiconductor company’s stock valued at $42,666,000 after purchasing an additional 350,145 shares in the last quarter. CloudAlpha Capital Management Limited Hong Kong increased its stake in shares of Applied Optoelectronics by 410.7% in the second quarter. CloudAlpha Capital Management Limited Hong Kong now owns 1,408,983 shares of the semiconductor company’s stock valued at $36,197,000 after buying an additional 1,133,115 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Applied Optoelectronics by 18.8% in the second quarter. Geode Capital Management LLC now owns 1,285,693 shares of the semiconductor company’s stock valued at $33,034,000 after buying an additional 203,830 shares during the last quarter. Emerald Advisers LLC lifted its position in Applied Optoelectronics by 4.0% during the 2nd quarter. Emerald Advisers LLC now owns 620,281 shares of the semiconductor company’s stock worth $15,935,000 after buying an additional 23,905 shares in the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in Applied Optoelectronics during the 1st quarter worth about $7,455,000. 61.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Northland Securities boosted their target price on shares of Applied Optoelectronics from $30.00 to $35.00 and gave the stock an “outperform” rating in a research note on Monday, November 17th. Wall Street Zen cut shares of Applied Optoelectronics from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Raymond James Financial upped their price objective on Applied Optoelectronics from $18.00 to $25.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of Applied Optoelectronics in a research note on Wednesday, October 8th. Finally, B. Riley reaffirmed a “sell” rating and set a $15.00 price target on shares of Applied Optoelectronics in a research note on Monday, November 10th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $28.20.

Applied Optoelectronics Price Performance

Shares of AAOI opened at $25.57 on Thursday. The stock has a market cap of $1.75 billion, a P/E ratio of -7.94 and a beta of 2.88. Applied Optoelectronics, Inc. has a 1 year low of $9.71 and a 1 year high of $44.50. The stock’s 50-day moving average price is $28.53 and its two-hundred day moving average price is $24.85. The company has a current ratio of 2.31, a quick ratio of 1.63 and a debt-to-equity ratio of 0.23.

Applied Optoelectronics (NASDAQ:AAOI) last announced its quarterly earnings results on Thursday, November 6th. The semiconductor company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.01. Applied Optoelectronics had a negative net margin of 36.97% and a negative return on equity of 7.34%. The business had revenue of $118.63 million for the quarter, compared to the consensus estimate of $119.77 million. During the same period last year, the company posted ($0.21) EPS. Applied Optoelectronics’s revenue for the quarter was up 82.1% on a year-over-year basis. Applied Optoelectronics has set its Q4 2025 guidance at -0.130–0.040 EPS. On average, equities analysts predict that Applied Optoelectronics, Inc. will post -1.18 earnings per share for the current year.

About Applied Optoelectronics

Applied Optoelectronics, Inc designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, distribution equipment, and amplifiers.