Public Employees Retirement System of Ohio Acquires New Holdings in Applied Optoelectronics, Inc. $AAOI

Public Employees Retirement System of Ohio bought a new position in Applied Optoelectronics, Inc. (NASDAQ:AAOI) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 21,995 shares of the semiconductor company’s stock, valued at approximately $3,259,000.

Other institutional investors also recently modified their holdings of the company. Corient Private Wealth LP acquired a new stake in shares of Applied Optoelectronics in the second quarter worth $612,000. Ausdal Financial Partners Inc. bought a new position in Applied Optoelectronics in the 2nd quarter worth $306,000. Bank of America Corp DE acquired a new position in Applied Optoelectronics during the 2nd quarter worth $33,712,000. Man Group plc acquired a new position in Applied Optoelectronics during the 2nd quarter worth $2,011,000. Finally, Jupiter Topco LLC bought a new stake in Applied Optoelectronics during the second quarter valued at about $4,874,000. Institutional investors own 61.70% of the company’s stock.

Wall Street Analyst Weigh In

AAOI has been the topic of several research analyst reports. Wall Street Zen raised Applied Optoelectronics from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Needham & Company LLC lowered their target price on Applied Optoelectronics from $220.00 to $190.00 and set a “buy” rating on the stock in a report on Friday, August 7th. B. Riley Financial reaffirmed a “neutral” rating on shares of Applied Optoelectronics in a research report on Friday, August 7th. Raymond James Financial reiterated an “outperform” rating and set a $178.00 price target on shares of Applied Optoelectronics in a report on Tuesday, August 11th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $220.00 price objective on shares of Applied Optoelectronics in a research report on Friday, August 7th. Three 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. According to MarketBeat, Applied Optoelectronics has an average rating of “Hold” and an average target price of $139.40.

Insider Activity

In other Applied Optoelectronics news, insider David Kuo sold 29,227 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $166.53, for a total value of $4,867,172.31. Following the completion of the sale, the insider owned 149,078 shares in the company, valued at approximately $24,825,959.34. This trade represents a 16.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shu-Hua Yeh sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $147.73, for a total transaction of $886,380.00. Following the transaction, the insider owned 377,498 shares in the company, valued at $55,767,779.54. The trade was a 1.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 250,382 shares of company stock worth $41,373,027. 3.80% of the stock is currently owned by insiders.

Applied Optoelectronics Price Performance

Applied Optoelectronics stock opened at $105.53 on Friday. 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 company has a market capitalization of $8.92 billion, a PE 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. The business has a 50 day simple moving average of $117.34 and a 200 day simple moving average of $129.24.

Applied Optoelectronics (NASDAQ:AAOI) last announced its earnings results on Thursday, August 6th. The semiconductor company reported $0.06 earnings per share (EPS) 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 analysts’ expectations of $190.48 million. Applied Optoelectronics had a negative net margin of 9.57% and a negative return on equity of 1.98%. The firm’s revenue for the quarter was up 86.3% on a year-over-year basis. During the same quarter last year, the company posted ($0.16) EPS. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. On average, sell-side analysts forecast that Applied Optoelectronics, Inc. will post 0.55 EPS for the current fiscal year.

Applied Optoelectronics 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.