Zweig DiMenna Associates LLC Takes $2.74 Million Position in Applied Optoelectronics, Inc. $AAOI

Zweig DiMenna Associates LLC acquired a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 78,500 shares of the semiconductor company’s stock, valued at approximately $2,737,000.

Several other institutional investors and hedge funds have also made changes to their positions in AAOI. Hawk Ridge Capital Management LP purchased a new stake in shares of Applied Optoelectronics in the third quarter valued at $21,392,000. Artemis Investment Management LLP purchased a new stake in shares of Applied Optoelectronics in the fourth quarter valued at $26,923,000. Alyeska Investment Group L.P. purchased a new stake in shares of Applied Optoelectronics in the third quarter valued at $19,738,000. Vanguard Group Inc. lifted its position in shares of Applied Optoelectronics by 13.6% in the third quarter. Vanguard Group Inc. now owns 4,624,570 shares of the semiconductor company’s stock valued at $119,915,000 after acquiring an additional 551,910 shares in the last quarter. Finally, Citigroup Inc. lifted its position in shares of Applied Optoelectronics by 60.0% in the third quarter. Citigroup Inc. now owns 1,160,456 shares of the semiconductor company’s stock valued at $30,091,000 after acquiring an additional 435,349 shares in the last quarter. 61.70% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on AAOI shares. Rosenblatt Securities restated a “buy” rating and issued a $50.00 price objective on shares of Applied Optoelectronics in a research report on Thursday, February 19th. Wall Street Zen downgraded Applied Optoelectronics from a “hold” rating to a “sell” rating in a research report on Monday, April 13th. Raymond James Financial reiterated an “outperform” rating and set a $160.00 target price on shares of Applied Optoelectronics in a research report on Friday, May 8th. Northland Securities reiterated a “market perform” rating and set a $55.00 target price on shares of Applied Optoelectronics in a research report on Friday, February 27th. Finally, Needham & Company LLC increased their target price on Applied Optoelectronics from $43.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Applied Optoelectronics presently has an average rating of “Hold” and a consensus price target of $79.80.

Applied Optoelectronics Stock Performance

NASDAQ AAOI opened at $158.41 on Friday. The business’s 50-day moving average price is $146.55 and its 200 day moving average price is $80.74. Applied Optoelectronics, Inc. has a twelve month low of $15.06 and a twelve month high of $233.67. The company has a market capitalization of $12.71 billion, a PE ratio of -240.02 and a beta of 3.76. 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) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.02). Applied Optoelectronics had a negative return on equity of 4.64% and a negative net margin of 8.55%.The business had revenue of $151.14 million for the quarter, compared to analysts’ expectations of $156.98 million. During the same quarter last year, the company posted ($0.02) earnings per share. The business’s quarterly revenue was up 51.3% compared to the same quarter last year. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. On average, 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, Director Elizabeth G. Loboa sold 102,347 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $95.76, for a total transaction of $9,800,748.72. Following the completion of the sale, the director directly owned 20,523 shares in the company, valued at $1,965,282.48. This represents a 83.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Cynthia Delaney sold 56,575 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $189.23, for a total value of $10,705,687.25. Following the sale, the director owned 59,647 shares of the company’s stock, valued at $11,287,001.81. This represents a 48.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 515,899 shares of company stock valued at $69,774,638 in the last three months. Company insiders own 3.80% of the company’s stock.

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.