72.1% Of Applied Optoelectronics, Inc. (AAOI) Is Owned By Hedge Funds

Applied Optoelectronics, Inc. (NASDAQ:AAOI) recovered 103.99% of its value since hitting low of $22.54. The recent move of 2.41% gain helped the stock to close at $45.98 when trading ended on 07/02/2018. At recent session, the prices were hovering between $44 and $47.8. This company shares are -18.9% up from its target price of $37.29 and the current market capitalization stands at $896.24M. The recent change has given its price a 21.26% lead over SMA 50 and -55.54% deficit over its 52-week high. The stock witnessed 2.13% gains, 91.58% gains and 21.58% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AAOI’s volatility during a week at 6.98% and during a month it has been found around 5.75%.

Applied Optoelectronics, Inc. (AAOI) Top Holders

Institutional investors currently hold around $604 million or 72.1% in AAOI stock. Look at its top three institutional owners. Blackrock Inc. owns $114.74 million in Applied Optoelectronics, Inc., which represents roughly 12.8% of the company’s market cap and approximately 19% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 1,097,567 shares of the stock are valued at $49.28 million. The third largest holder is Susquehanna International Group, Llp, which currently holds $33.97 million worth of this stock and that ownership represents nearly 3.79% of its market capitalization.

Applied Optoelectronics, Inc. 13F Filings

At the end of March reporting period, 81 institutional holders increased their position in Applied Optoelectronics, Inc. (NASDAQ:AAOI) by some 4,150,946 shares, 89 decreased positions by 2,800,566 and 26 held positions by 6,491,896. That puts total institutional holdings at 13,443,408 shares, according to SEC filings. The stock grabbed 24 new institutional investments totaling 1,540,173 shares while 36 institutional investors sold out their entire positions totaling 1,261,524 shares.

Applied Optoelectronics, Inc. (NASDAQ:AAOI) Insider Trades

Multiple company employees have indulged in significant insider trading. Applied Optoelectronics, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CFO Murry Stefan J. has sold 3,000 shares of Applied Optoelectronics, Inc. (AAOI) in trading session dated Jun. 07, 2018. These shares are worth $132,750 and were traded at $44.25 each. The SEC filing shows that Kuo David C performed a sale of 1,500 shares. The General Counsel and Secretary disposed these shares by way of transaction on May. 31, 2018. The company’s shares were given away at $45.84 per share worth to an income of some $68,760 on account of Kuo David C.

Director, Black Richard B, sold 1,000 common shares of Applied Optoelectronics, Inc. (AAOI) in the open market. In a transaction dated Jan. 11, 2018, the shares were put up for sale at an average price of $35.37, raking in a sum of $35,370. After this sale, 42,640 common shares of AAOI are directly owned by the insider, with total stake valued at $1,960,587.

In the transaction dated Dec. 07, 2017, the great number of shares disposed came courtesy the Director; Black Richard B disposed a total of 1,000 shares at an average price of $40.43, amounting to approximately $40,430. The insider now directly owns 43,640 shares worth $2,006,567.

Applied Optoelectronics, Inc. (AAOI) Analyst Guide

Several analysts have released their opinion on Applied Optoelectronics, Inc. (NASDAQ:AAOI), with 3 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 2 strong sell ratings, collectively assigning a 2.75 average brokerage recommendation.