Sovereign Financial Group Inc. Takes $287,000 Position in Applied Optoelectronics, Inc. $AAOI

Market Beat
2025.10.13 07:26
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Sovereign Financial Group Inc. acquired a new position in Applied Optoelectronics, Inc. (NASDAQ:AAOI) worth approximately $287,000 by purchasing 11,163 shares in the 2nd quarter. Other institutional investors have also adjusted their stakes in AAOI. CEO Chih-Hsiang Lin bought 8,850 shares, while insider Hung-Lun Chang sold 15,784 shares. Analysts have mixed ratings on the stock, with a current average rating of "Hold" and a price target of $27.20. AAOI shares opened at $27.15, with a market cap of $1.69 billion and a PE ratio of -8.08.