SeaCrest Wealth Management LLC Takes Position in Applied Optoelectronics, Inc. $AAOI

SeaCrest Wealth Management LLC acquired a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI) in the fourth quarter, Holdings Channel.com reports. The firm acquired 5,425 shares of the semiconductor company’s stock, valued at approximately $206,000.

Several other hedge funds also recently bought and sold shares of the company. Hawk Ridge Capital Management LP bought a new stake in Applied Optoelectronics during the 3rd quarter worth approximately $21,392,000. Alyeska Investment Group L.P. bought a new position in Applied Optoelectronics in the 3rd quarter valued at $19,738,000. Vanguard Group Inc. boosted its holdings in Applied Optoelectronics by 13.6% in the 3rd quarter. Vanguard Group Inc. now owns 4,624,570 shares of the semiconductor company’s stock valued at $119,915,000 after purchasing an additional 551,910 shares during the period. Citigroup Inc. grew its position in shares of Applied Optoelectronics by 60.0% during the 3rd quarter. Citigroup Inc. now owns 1,160,456 shares of the semiconductor company’s stock valued at $30,091,000 after purchasing an additional 435,349 shares in the last quarter. Finally, Penn Capital Management Company LLC purchased a new position in shares of Applied Optoelectronics during the 3rd quarter valued at $11,057,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

Insider Activity at Applied Optoelectronics

In other Applied Optoelectronics news, insider Shu-Hua (Joshua) Yeh sold 50,000 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $97.10, for a total transaction of $4,855,000.00. Following the transaction, the insider directly owned 322,051 shares in the company, valued at $31,271,152.10. This trade represents a 13.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David C. Kuo sold 29,000 shares of Applied Optoelectronics stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $100.13, for a total transaction of $2,903,770.00. Following the transaction, the insider directly owned 82,663 shares in the company, valued at $8,277,046.19. This trade represents a 25.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 326,333 shares of company stock worth $29,392,957 in the last quarter. 4.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

AAOI has been the topic of a number of recent analyst reports. Needham & Company LLC increased their price objective on Applied Optoelectronics from $43.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Weiss Ratings restated a “sell (d-)” rating on shares of Applied Optoelectronics in a research note on Wednesday, January 21st. Northland Securities reaffirmed a “market perform” rating and issued a $55.00 price target on shares of Applied Optoelectronics in a report on Friday, February 27th. Rosenblatt Securities reiterated a “buy” rating and set a $50.00 price target on shares of Applied Optoelectronics in a research report on Thursday, February 19th. Finally, B. Riley Financial raised Applied Optoelectronics from a “sell” rating to a “neutral” rating and set a $54.00 price objective for the company in a report on Friday, February 27th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $52.80.

Applied Optoelectronics Stock Up 0.8%

AAOI opened at $98.21 on Friday. The stock has a market cap of $7.39 billion, a PE ratio of -151.09 and a beta of 3.20. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.18. Applied Optoelectronics, Inc. has a 52 week low of $9.71 and a 52 week high of $128.96. The business’s fifty day simple moving average is $68.19 and its 200 day simple moving average is $43.59.

Applied Optoelectronics (NASDAQ:AAOI) last issued its quarterly earnings results on Thursday, February 26th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.11. Applied Optoelectronics had a negative return on equity of 5.29% and a negative net margin of 8.39%.The firm had revenue of $134.27 million during the quarter, compared to analyst estimates of $131.56 million. During the same quarter in the previous year, the company posted ($0.02) earnings per share. The company’s revenue was up 33.9% compared to the same quarter last year. Applied Optoelectronics has set its Q1 2026 guidance at -0.090-0.000 EPS. As a group, research analysts expect that Applied Optoelectronics, Inc. will post -1.18 earnings per share for the current fiscal year.

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.