Today’s Stock On Watch: Could Applied Optoelectronics Inc Change Direction After Today’s Significant Increase?

Today's Stock On Watch: Could Applied Optoelectronics Inc Change Direction After Today's Significant Increase?

The stock of Applied Optoelectronics Inc (NASDAQ:AAOI) is a huge mover today! The stock increased 5.96% or $1.25 during the last trading session, hitting $22.21. About 636,430 shares traded hands or 21.48% up from the average. Applied Optoelectronics Inc (NASDAQ:AAOI) has risen 15.04% since February 26, 2016 and is uptrending. It has outperformed by 4.61% the S&P500.
The move comes after 5 months positive chart setup for the $376.02 million company. It was reported on Sep, 30 by We have $36.87 PT which if reached, will make NASDAQ:AAOI worth $248.17 million more.

Analysts await Applied Optoelectronics Inc (NASDAQ:AAOI) to report earnings on November, 3. They expect $0.13 earnings per share, down 64.86% or $0.24 from last year’s $0.37 per share. AAOI’s profit will be $2.20M for 42.71 P/E if the $0.13 EPS becomes a reality. After $0.10 actual earnings per share reported by Applied Optoelectronics Inc for the previous quarter, Wall Street now forecasts 30.00% EPS growth.

Applied Optoelectronics Inc (NASDAQ:AAOI) Ratings Coverage

Out of 4 analysts covering Applied Optoelectronics (NASDAQ:AAOI), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Applied Optoelectronics has been the topic of 6 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Northland Capital maintained the stock with “Outperform” rating in Thursday, August 6 report. The rating was maintained by Cowen & Co on Thursday, February 25 with “Outperform”.

According to Zacks Investment Research, “Applied Optoelectronics, Inc. designs, develops and manufactures advanced optical devices, packaged optical components, optical subsystems, laser transmitters and fiber optic transceivers. The company’s products are used in fiber optic communications equipment for FTTH, point-to-point telecom, datacom and access networks and systems supporting cable television, network infrastructure. Applied Optoelectronics, Inc. is headquartered in Sugar Land, Texas.”

Insitutional Activity: The institutional sentiment decreased to 0.71 in Q2 2016. Its down 1.61, from 2.32 in 2016Q1. The ratio fall, as 24 funds sold all Applied Optoelectronics Inc shares owned while 28 reduced positions. 13 funds bought stakes while 24 increased positions. They now own 12.65 million shares or 9.15% less from 13.93 million shares in 2016Q1.
Selz Capital Ltd Limited Liability Company has 405,000 shares for 1.28% of their US portfolio. Legal General Gp Public Ltd Liability Corporation accumulated 0% or 2,986 shares. Susquehanna Int Group Incorporated Limited Liability Partnership last reported 47,480 shares in the company. Wellington Grp Incorporated Llp has 2.25M shares for 0.01% of their US portfolio. Retail Bank Of America Corporation De holds 520 shares or 0% of its portfolio. Allianz Asset Ag accumulated 93,967 shares or 0% of the stock. Emerald Advisers Pa has 0.23% invested in the company for 420,011 shares. Morgan Stanley last reported 7,459 shares in the company. Group One Trading Lp last reported 0% of its portfolio in the stock. The California-based Blackrock Institutional Tru Na has invested 0% in Applied Optoelectronics Inc (NASDAQ:AAOI). G2 Investment Lc last reported 0.63% of its portfolio in the stock. Geode Cap Management Ltd Limited Liability Company last reported 103,071 shares in the company. Ameriprise Financial accumulated 114,825 shares or 0% of the stock. Cooper Creek Partners Ltd Co accumulated 3.88% or 550,861 shares. Royal Fincl Bank Of Canada holds 900 shares or 0% of its portfolio.

Insider Transactions: Since May 25, 2016, the stock had 2 buys, and 4 selling transactions for $92,083 net activity. 1,325 shares were sold by Murry Stefan J., worth $18,234 on Monday, August 1. Kuo David C also sold $8,126 worth of Applied Optoelectronics Inc (NASDAQ:AAOI) shares. 10,000 shares with value of $101,460 were bought by Yeh William H on Friday, May 27. 10,000 shares were bought by Chen Min-Chu (Mike), worth $99,750 on Wednesday, May 25. On Monday, August 1 the insider Chang Hung-Lun (Fred) sold $13,043.

More news for Applied Optoelectronics Inc (NASDAQ:AAOI) were recently published by:, which released: “Why Shares of Applied Optoelectronics Inc. Are Surging Today” on September 07, 2016.‘s article titled: “Applied Optoelectronics Inc. (AAOI) Leaped After Q3 Forecast Boosted” and published on September 08, 2016 is yet another important article.

AAOI Company Profile

Applied Optoelectronics, Inc., incorporated on March 25, 2013, is a vertically integrated well-known provider of fiber-optic networking products. The Firm offers its products for approximately three networking end markets, such as Internet data center; cable television (CATV), and fiber-to-the-home (FTTH). The Firm creates and makes a range of optical communications products at varying levels of integration, from components, subassemblies and modules to turnkey equipment. The Company’s clients in the Internet data center market include Internet (Web 2.0) data center operators, to whom it supplies optical transceivers that plug into switches and servers within the data center, and allow these network devices to send and receive data over fiber optic cables. To the CATV market, the Company supplies a range of products, including lasers, transmitters and turnkey equipment, as well as headend, node and distribution equipment. The Firm designs, makes and integrates its own analog and digital lasers using a combination of Metal Organic Chemical Vapor Deposition (MOCVD) and its Molecular Beam Epitaxy (MBE) fabrication process.

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