Oliver Luxxe Assets LLC Sells 5,678 Shares of Applied Optoelectronics, Inc. $AAOI

Oliver Luxxe Assets LLC lowered its stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI) by 31.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 12,250 shares of the semiconductor company’s stock after selling 5,678 shares during the quarter. Oliver Luxxe Assets LLC’s holdings in Applied Optoelectronics were worth $1,815,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Invesco Ltd. raised its stake in Applied Optoelectronics by 5,208.9% during the fourth quarter. Invesco Ltd. now owns 3,512,309 shares of the semiconductor company’s stock valued at $122,439,000 after buying an additional 3,446,150 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Applied Optoelectronics by 5,321.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,229,757 shares of the semiconductor company’s stock valued at $77,730,000 after acquiring an additional 2,188,630 shares in the last quarter. Morgan Stanley increased its holdings in shares of Applied Optoelectronics by 157.1% during the fourth quarter. Morgan Stanley now owns 1,699,855 shares of the semiconductor company’s stock valued at $59,257,000 after acquiring an additional 1,038,775 shares in the last quarter. Hawk Ridge Capital Management LP increased its holdings in shares of Applied Optoelectronics by 106.2% during the fourth quarter. Hawk Ridge Capital Management LP now owns 1,700,900 shares of the semiconductor company’s stock valued at $59,293,000 after acquiring an additional 875,903 shares in the last quarter. Finally, Artemis Investment Management LLP purchased a new position in shares of Applied Optoelectronics in the 4th quarter worth about $26,923,000. Institutional investors own 61.70% of the company’s stock.

Analyst Ratings Changes

AAOI has been the topic of several recent analyst reports. Wall Street Zen raised shares of Applied Optoelectronics from a “sell” rating to a “hold” rating in a research report on Saturday. Rosenblatt Securities reiterated a “buy” rating and issued a $220.00 target price on shares of Applied Optoelectronics in a research note on Friday. B. Riley Financial reiterated a “neutral” rating on shares of Applied Optoelectronics in a report on Friday. Raymond James Financial set a $151.00 price target on shares of Applied Optoelectronics in a research report on Friday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Applied Optoelectronics in a report on Tuesday, July 7th. Three investment 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. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $134.00.

Insider Activity

In other news, Director Cynthia Delaney sold 56,575 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $189.23, for a total transaction of $10,705,687.25. Following the completion of the transaction, the director directly owned 59,647 shares of the company’s stock, valued at $11,287,001.81. The trade was a 48.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Hung-Lun (Fred) Chang sold 40,329 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $170.60, for a total transaction of $6,880,127.40. Following the completion of the sale, the insider owned 286,124 shares in the company, valued at $48,812,754.40. This represents a 12.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 506,215 shares of company stock valued at $87,409,447 over the last three months. Corporate insiders own 3.80% of the company’s stock.

Applied Optoelectronics Stock Performance

Applied Optoelectronics stock opened at $135.63 on Monday. Applied Optoelectronics, Inc. has a one year low of $18.50 and a one year high of $233.67. The business’s fifty day moving average is $137.34 and its 200 day moving average is $118.71. The stock has a market capitalization of $10.88 billion, a PE ratio of -173.88 and a beta of 3.76. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.78 and a quick ratio of 2.13.

Applied Optoelectronics (NASDAQ:AAOI) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $0.06 earnings per share 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 analyst estimates 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 revenue was up 86.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.16) EPS. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. On average, sell-side analysts predict that Applied Optoelectronics, Inc. will post 0.6 EPS for the current year.

Key Applied Optoelectronics News

Here are the key news stories impacting Applied Optoelectronics this week:

• Positive Sentiment: Q2 results exceeded expectations: Applied Optoelectronics reported adjusted EPS of $0.06 versus consensus estimates near $0.02–$0.03. Revenue reached approximately $191.9 million, ahead of estimates and up about 86% year over year from $103 million. Applied Optoelectronics Q2 Earnings Beat Estimates, Revenues Up Y/Y
• Positive Sentiment: AI datacenter demand is accelerating: Growth was driven by datacenter products, including rapidly expanding 800G optical transceivers. Management is also increasing capacity for 800G and 1.6T products, with demand reportedly exceeding available supply through at least mid-2027. AAOI Q2 Earnings Call Focuses on Capacity-Led 800G Ramp
• Positive Sentiment: Analyst support and industry momentum helped sentiment: Rosenblatt Securities reaffirmed its “buy” rating and assigned a $220 price target. Photonics and optics companies also benefited from strong sector earnings and expectations that potential U.S. restrictions on Chinese optical-transceiver imports could reduce overseas competition. Benzinga analyst rating report
• Neutral Sentiment: Expansion is being limited by supply: Management said it could sell more products if it had greater manufacturing capacity. Component shortages are expected to constrain near-term growth, even as they demonstrate strong underlying demand. Applied Optoelectronics says it could sell more if it could make more
• Negative Sentiment: Q3 profit guidance disappointed: The company forecast EPS of $0.11–$0.26, below the roughly $0.27 analyst consensus, although projected revenue of $255 million–$290 million brackets consensus near $265.7 million. Analysts also flagged competition, a setback in 100G products and valuation concerns after the stock’s substantial rally. Applied Optoelectronics slides amid mixed Q2 results and guidance

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.