Ensign Peak Advisors Inc Takes Position in Applied Optoelectronics, Inc. $AAOI

Ensign Peak Advisors Inc bought a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 20,900 shares of the semiconductor company's stock, valued at approximately $537,000.

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Several other hedge funds have also bought and sold shares of AAOI. CloudAlpha Capital Management Limited Hong Kong increased its stake in Applied Optoelectronics by 410.7% in the second quarter. CloudAlpha Capital Management Limited Hong Kong now owns 1,408,983 shares of the semiconductor company's stock valued at $36,197,000 after acquiring an additional 1,133,115 shares during the last quarter. Chung Wu Investment Group LLC bought a new stake in Applied Optoelectronics during the second quarter worth about $344,000. Swiss National Bank boosted its holdings in shares of Applied Optoelectronics by 15.4% in the 1st quarter. Swiss National Bank now owns 88,200 shares of the semiconductor company's stock worth $1,354,000 after purchasing an additional 11,800 shares in the last quarter. Sovereign Financial Group Inc. purchased a new position in shares of Applied Optoelectronics in the 2nd quarter worth about $287,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Applied Optoelectronics during the 2nd quarter valued at about $7,201,000. 61.72% of the stock is currently owned by institutional investors.

Applied Optoelectronics Price Performance

AAOI opened at $26.89 on Monday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.63 and a current ratio of 2.31. The stock has a market capitalization of $1.84 billion, a PE ratio of -8.35 and a beta of 3.26. The stock's 50 day moving average price is $28.42 and its 200-day moving average price is $24.99. Applied Optoelectronics, Inc. has a 52-week low of $9.71 and a 52-week high of $44.50.

• Applied Optoelectronics earnings dumper, pain now for gain later?

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The semiconductor company reported ($0.09) EPS for the quarter, topping analysts' consensus estimates of ($0.10) by $0.01. The company had revenue of $118.63 million during the quarter, compared to analyst estimates of $119.77 million. Applied Optoelectronics had a negative return on equity of 7.34% and a negative net margin of 36.97%.The firm's revenue was up 82.1% on a year-over-year basis. During the same quarter last year, the firm posted ($0.21) earnings per share. Applied Optoelectronics has set its Q4 2025 guidance at -0.130--0.040 EPS. On average, equities research analysts predict that Applied Optoelectronics, Inc. will post -1.18 EPS for the current year.

Analyst Upgrades and Downgrades

AAOI has been the topic of several research reports. B. Riley reissued a "sell" rating and set a $15.00 price target on shares of Applied Optoelectronics in a research note on Monday, November 10th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Applied Optoelectronics in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of Applied Optoelectronics from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Raymond James Financial lifted their price objective on Applied Optoelectronics from $18.00 to $25.00 and gave the stock an "outperform" rating in a report on Friday, August 8th. Finally, Northland Securities increased their target price on Applied Optoelectronics from $30.00 to $35.00 and gave the company an "outperform" rating in a report on Monday, November 17th. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $28.20.

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Check Out Our Latest Stock Analysis on AAOI

Applied Optoelectronics Company Profile

Applied Optoelectronics, Inc designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, distribution equipment, and amplifiers.

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