M & L Capital Management Ltd Buys 15,800 Shares of Applied Optoelectronics, Inc. $AAOI

M & L Capital Management Ltd bought a new position in shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,800 shares of the semiconductor company’s stock, valued at approximately $1,568,000. Applied Optoelectronics comprises 0.3% of M & L Capital Management Ltd’s investment portfolio, making the stock its 21st largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. California State Teachers Retirement System grew its stake in shares of Applied Optoelectronics by 23.2% during the first quarter. California State Teachers Retirement System now owns 70,464 shares of the semiconductor company’s stock valued at $5,961,000 after purchasing an additional 13,265 shares during the last quarter. Handelsbanken Fonder AB acquired a new stake in shares of Applied Optoelectronics in the second quarter valued at approximately $7,719,000. BlackRock Inc. acquired a new stake in shares of Applied Optoelectronics in the second quarter valued at approximately $955,672,000. Capstone Capital Management Ltd acquired a new stake in shares of Applied Optoelectronics in the third quarter valued at approximately $2,101,000. Finally, Bank of America Corp DE bought a new position in Applied Optoelectronics in the 2nd quarter worth approximately $33,712,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.

Applied Optoelectronics Stock Performance

Shares of NASDAQ AAOI opened at $76.95 on Wednesday. Applied Optoelectronics, Inc. has a fifty-two week low of $18.50 and a fifty-two week high of $233.67. The company’s 50 day simple moving average is $101.80 and its 200 day simple moving average is $112.09.

Applied Optoelectronics (NASDAQ:AAOI) last released its earnings results on Thursday, August 6th. The semiconductor company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The business had revenue of $191.92 million for the quarter, compared to analyst estimates of $190.48 million. During the same period in the prior year, the firm posted ($0.16) EPS. Applied Optoelectronics’s revenue was up 86.3% on a year-over-year basis. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. On average, research analysts anticipate that Applied Optoelectronics, Inc. will post 0.55 EPS for the current year.

Insider Transactions at Applied Optoelectronics

In other news, insider Hung-Lun Chang sold 32,172 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $110.21, for a total value of $3,545,676.12. Following the transaction, the insider directly owned 249,276 shares in the company, valued at $27,472,707.96. This trade represents a 11.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Shu-Hua Yeh sold 6,000 shares of Applied Optoelectronics stock in a transaction on Monday, October 5th. The stock was sold at an average price of $120.03, for a total value of $720,180.00. Following the sale, the insider directly owned 371,498 shares of the company’s stock, valued at approximately $44,590,904.94. This trade represents a 1.59% 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. Insiders have sold 56,887 shares of company stock worth $6,581,484 in the last three months. Insiders own 3.80% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on AAOI. Rosenblatt Securities restated a “buy” rating and set a $220.00 target price on shares of Applied Optoelectronics in a research report on Friday, August 7th. Weiss Ratings upgraded Applied Optoelectronics from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, October 21st. Wall Street Zen upgraded Applied Optoelectronics from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Needham & Company LLC dropped their price objective on Applied Optoelectronics from $190.00 to $170.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Raymond James Financial restated an “outperform” rating and set a $178.00 target price on shares of Applied Optoelectronics in a research report on Tuesday, August 11th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $143.00.

About Applied Optoelectronics

Applied Optoelectronics, Inc (NASDAQ: AAOI) develops and manufactures fiber-optic networking products and solutions. Its offerings include optical transceivers, transmitters, receivers, lasers, and related components used to transmit data across fiber-optic networks.

The company serves several communications markets, including data centers, broadband access networks, cable television, and telecommunications. Its products are designed for applications such as high-speed data transmission, fiber-to-the-home and other broadband deployments, network connectivity, and communications infrastructure.

Founded in 1997 and headquartered in Sugar Land, Texas, Applied Optoelectronics supports customers in multiple regions, including North America, Asia, and other international markets.