Applied Optoelectronics Inc. (AAOI): Investor showing Interest in it


Applied Optoelectronics Inc. (NASDAQ:AAOI) changes shares on Wednesday trading session, with a change of -1.53% or -$0.25 shares. The trading starts at $16.48 and closed at $16.36 throughout the day. The trading session low price was $15.84 and day high was $16.50 on Wednesday, August 05. After the session, the Technology sector daily volume shifted to 1.69 million while its average volume is 896.61K. In other hand, the AAOI market cap reached to $319.78M. While, its current target price is $11.00.

On March 3, 2020, BRIEF-Applied Optoelectronics Announces Withdrawal From OFC 2020. According to the news reported on Reuters, * APPLIED OPTOELECTRONICS – WILL STILL HOST PREVIOUSLY SCHEDULED OFC INVESTOR SESSION VIA WEBCAST ON MARCH 10

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 19.07% and up 44.48% for month. Its quarterly performance was 49.44% above, while its half year performance is up 32.81%. AAOI yearly performance stood at positive 59.19% and rise 35.61% for year-to-date. Current recommendation for Applied Optoelectronics Inc. is 3.10.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AAOI EPS (TTM) for 12-month is -3.60. EPS for this year is -18.60%, while for the next year its value is -0.24. Its EPS Q/Q reached -57.60%. It has an EPS of -68.80% down for past five years and for the next five years will be up 13.00%.

Let’s take a look on the analyst recommendations on AAOI for the current month and previous month. For the current month, 2 of 9 analysts recommend stock as Buy while 3 as Sell, 0 as overweight, 0 as underweight and 4 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $7.50 – $15.00. Average target price for AAOI was reached at $11.25.

Blackrock Inc., Vanguard Group, Inc. (The) and Morgan Stanley are the top three holders in Applied Optoelectronics Inc. (AAOI) stock. On Mar 30, 2020, Blackrock Inc. has 3.0 million shares which valued 22.77 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 1.4 million shares which valued at 10.66 million. On Mar 30, 2020, Morgan Stanley has a total of 0.89 million shares which valued at 6.75 million. In the end, Morgan Stanley have 4.37% shares outstanding of Applied Optoelectronics Inc. (AAOI) on Mar 30, 2020. The insider ownership moved to 7.70% and institutional holding shifted to 60.40%.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AAOI rise 54.83% for period of 200 days. SMA for 50 days was 46.81% which is showing green signal, while SMA-20 was 24.52%. The moving average value for Applied Optoelectronics Inc. (AAOI) is 10.03 and 11.70 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AAOI stock. On Aug 03, Yeh Shu-Hua (Joshua), *** See Remarks, sold 2,000 trading shares at the cost of $15.00, which valued at 30001.0. On Aug 03, Lin Chih-Hsiang (Thompson), President and CEO, sold 7,788 shares at the cost of $14.65, with total shares of 809,214. On Jul 30, Murry Stefan J., Chief Financial Officer, sold 4,000 shares at the cost of 13.52. After this transaction, Murry Stefan J. total shares reached to 98,584 which valued at 54060.0.