Stocks under Analysts Coverage: Applied Optoelectronics, Inc. (AAOI)

Cardinal Mngmt Ltd Limited Liability Company Ct holds 0.07% of its portfolio in Applied Optoelectronics Inc (NASDAQ:AAOI) for 74,370 shares. (NASDAQ:AAOI) from a buy rating to a strong-buy rating in a research report released on Monday morning. A stock rating will generally tell the investor how well a stock's market value relates to what analysts believe is a fair value for the stock, based on an objective evaluation of the company. Cowen and Company reaffirmed an "outperform" rating and issued a $94.00 price target on shares of Applied Optoelectronics in a report on Thursday, May 25th. Needham & Company LLC started coverage on shares of Applied Optoelectronics in a research report on Monday, May 22nd. They issued a strong-buy rating and a $85.00 target price on the stock. Blackrock Advisors Ltd Llc holds 0% or 8,669 shares in its portfolio. The rating was upgraded by UBS to "Buy" on Monday, October 17.

Among 4 analysts covering Applied Optoelectronics (NASDAQ:AAOI), 4 have Buy rating, 0 Sell and 0 Hold. (NASDAQ:AAOI). Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 1.90.

Market Capitalization can be thought of as the overall price to buy the company. $660,092 worth of Applied Optoelectronics Inc (NASDAQ:AAOI) was sold by Yeh Shu-Hua (Joshua).

At the time of writing, the stock was trading at $2.51. The company has a market cap of $1.42 billion, a P/E ratio of 26.31 and a beta of 2.55. In this case, shares are 28.12% higher from $3.2, the worst price in 52 weeks suffered on March 14, 2017, but are collecting gains at -17.17% for the past six months. Kuo David C sold $35,490 worth of Applied Optoelectronics Inc (NASDAQ:AAOI) on Monday, May 22. The semiconductor company reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.09. Applied Optoelectronics had a return on equity of 31.53% and a net margin of 20.57%. The business had revenue of $96.20 million for the quarter, compared to the consensus estimate of $96.20 million. During the same period in the previous year, the company earned ($0.04) EPS.

Total revenue increased to $96.2 million, up 91% compared with $50.4 million in the first quarter 2016 and up 13% compared with $84.9 million in the fourth quarter of 2016. Equities analysts forecast that Applied Optoelectronics will post $4.70 earnings per share for the current year. Northland Capital maintained Applied Optoelectronics Inc (NASDAQ:AAOI) on Thursday, August 6 with "Outperform" rating. The fund owned 251,430 shares of the semiconductor company's stock after selling 207,265 shares during the period. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Stefan J. Murry sold 3,168 shares of the stock in a transaction that occurred on Thursday, May 18th. The stock was sold at an average price of $59.50, for a total value of $595,000.00.

Signia Capital Management Llc, which manages about $564.37 million and $68.58 million US Long portfolio, upped its stake in Solar Cap Ltd (NASDAQ:SLRC) by 44,644 shares to 92,300 shares, valued at $1.92 million in 2016Q4, according to the filing. The disclosure for this sale can be found here. Its last month's stock price volatility remained 4.91% which for the week approaches 3.21%. However, the company's most recent quarter increase of 90.9% looks attractive. It dived, as 14 investors sold Applied Optoelectronics Inc shares while 33 reduced holdings. Corporate insiders own 8.19% of the company's stock. Shares for $64,370 were sold by BLACK RICHARD B on Thursday, May 11. Finally, Suntrust Banks Inc. acquired a new stake in Applied Optoelectronics during the first quarter worth about $411,000. ClariVest Asset Management LLC now owns 5,345 shares of the semiconductor company's stock worth $300,000 after buying an additional 271 shares during the last quarter.

Applied Optoelectronics, Inc.is a vertically integrated well-known provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television, fiber-to-the-home (FTTH) and telecommunications (telecom). The Company designs and manufactures a range of optical communications products at varying levels of integration, from components, subassemblies and modules to turnkey equipment.

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