Applied Optoelectronics, Inc. (AAOI): A Detailed Look at its Institutional Ownership

Applied Optoelectronics, Inc. (NASDAQ:AAOI) produced a 101.48% rally since recording the worst price of $21.66. Thanks to the latest 15.18% increase, it now trades at $43.64. Throughout the trading on 11/08/2017, the share price floated between $39.1 and $44.6432. This company shares are 44.62% off its target price of $63.11 and the current market capitalization stands at $874.98M. The recent change has given its price a -18.58% deficit over SMA 50 and -57.8% deficit over its 52-week high. The stock witnessed -27.69% declines, -31.33% declines and -32.06% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AAOI’s volatility during a week at 7.84% and during a month it has been found around 6.32%.

Applied Optoelectronics, Inc. (AAOI) Top Holders

Institutional investors currently hold around $612 million or 84.1% in AAOI stock. Look at its top three institutional owners. Blackrock Inc. owns $79.32 million in Applied Optoelectronics, Inc., which represents roughly 9.06% of the company’s market cap and approximately 12.96% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 953,505 shares of the stock are valued at $36.13 million. The third largest holder is Wellington Management Group Llp, which currently holds $34.01 million worth of this stock and that ownership represents nearly 3.89% of its market capitalization.

Applied Optoelectronics, Inc. 13F Filings

At the end of 06/30/2017 reporting period, 149 institutional holders increased their position in Applied Optoelectronics, Inc. (NASDAQ:AAOI) by some 6,779,476 shares, 86 decreased positions by 6,201,707 and 13 held positions by 3,172,065. That puts total institutional holdings at 16,153,248 shares, according to SEC filings. The stock grabbed 77 new institutional investments totaling 2,262,942 shares while 37 institutional investors sold out their entire positions totaling 3,088,262 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 Director Black Richard B has sold 1,000 shares of Applied Optoelectronics, Inc. (AAOI) in trading session dated Oct. 12, 2017. These shares are worth $60,620 and were traded at $60.62 each. The SEC filing shows that Lin Chewei performed a sale of 7,000 shares. The Director disposed these shares by way of transaction on Sep. 11, 2017. The company’s shares were given away at $58 per share worth to an income of some $406,000 on account of Lin Chewei.

Director, Black Richard B, sold 1,000 common shares of Applied Optoelectronics, Inc. (AAOI) in the open market. In a transaction dated Sep. 07, 2017, the shares were put up for sale at an average price of $58.52, raking in a sum of $58,520. After this sale, 46,640 common shares of AAOI are directly owned by the insider, with total stake valued at $2,035,370.

In the transaction dated Aug. 15, 2017, the great number of shares disposed came courtesy the CFO; Murry Stefan J. disposed a total of 3,050 shares at an average price of $70.21, amounting to approximately $214,141. The insider now directly owns 57,540 shares worth $2,511,046.

Applied Optoelectronics, Inc. (AAOI) Analyst Guide

Several analysts have released their opinion on Applied Optoelectronics, Inc. (NASDAQ:AAOI), with 6 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 2 strong sell ratings, collectively assigning a 2.11 average brokerage recommendation.

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