Applied Optoelectronics Inc (NASDAQ: AAOI) is -24.25% lower on its value in year-to-date trading and has touched a low of $6.70 and a high of $44.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AAOI stock was last observed hovering at around $28.07 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $27.92, the stock is -9.15% and -18.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.12 million and changing -0.53% at the moment leaves the stock 57.05% off its SMA200. AAOI registered 67.29% gain for a year compared to 6-month gain of 192.36%. The firm has a 50-day simple moving average (SMA 50) of $34.0509 and a 200-day simple moving average (SMA200) of $17.777775.
The stock witnessed a -22.96% loss in the last 1 month and extending the period to 3 months gives it a 78.17%, and is -9.03% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.67% over the week and 9.82% over the month.
Applied Optoelectronics Inc (AAOI) has around 2149 employees, a market worth around $1.34B and $209.55M in sales. Fwd P/E is 31.03. Profit margin for the company is -38.61%. Distance from 52-week low is 316.72% and -37.26% from its 52-week high. The company has generated returns on investments over the last 12 months (-27.62%).
with sales reaching $99.92M over the same period.The EPS is expected to shrink by -92.82% this year, but quarterly earnings will post 14.43% year-over-year. Quarterly sales are estimated to grow 65.29% in year-over-year returns.
Applied Optoelectronics Inc (AAOI) Top Institutional Holders
195.0 institutions hold shares in Applied Optoelectronics Inc (AAOI), with institutional investors hold 72.44% of the company’s shares. The shares outstanding are 44.85M, and float is at 44.83M with Short Float at 18.87%. Institutions hold 69.01% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.01 million shares valued at $24.98 million. The investor’s holdings represent 7.8533% of the AAOI Shares outstanding. As of 2024-06-30, the second largest holder is AMERIPRISE FINANCIAL INC with 2.16 million shares valued at $17.88 million to account for 5.6214 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.15 million shares representing 5.6175% and valued at over $17.86 million, while HOOD RIVER CAPITAL MANAGEMENT LLC holds 3.5853 of the shares totaling 1.38 million with a market value of $11.4 million.
Applied Optoelectronics Inc (AAOI) Insider Activity
The most recent transaction is an insider sale by Murry Stefan J., the company’s Chief Financial Officer. SEC filings show that Murry Stefan J. sold 2,298 shares of the company’s common stock on Jan 21 ’25 at a price of $35.17 per share for a total of $80814.0. Following the sale, the insider now owns 0.21 million shares.
Still, SEC filings show that on Jan 15 ’25, BLACK RICHARD B (Director) disposed off 10,000 shares at an average price of $29.00 for $0.29 million. The insider now directly holds 157,813 shares of Applied Optoelectronics Inc (AAOI).
