Currently, there are 49.39M common shares owned by the public and among those 46.48M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -22.28% and -50.19% over the past three months. AAOI shares are trading -50.79% year to date (YTD), with the 12-month market performance up to 13.52% higher. It has a 12-month low price of $6.70 and touched a high of $44.50 over the same period. AAOI has an average intraday trading volume of 3.74 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -29.90%, -39.15%, and -6.22% respectively.
Institutional ownership of Applied Optoelectronics Inc (NASDAQ: AAOI) shares accounts for 62.64% of the company’s 49.39M shares outstanding.
It has a market capitalization of $900.67M and a beta (3y monthly) value of 2.52. The earnings-per-share (ttm) stands at -$4.29. Price movements for the stock have been influenced by the stock’s volatility, which stands at 18.06% over the week and 13.88% over the month.
Earnings per share for the fiscal year are expected to increase by 181.64%, and 197.17% over the next financial year.
Looking at the support for the AAOI, a number of firms have released research notes about the stock. B. Riley Securities stated their Sell rating for the stock in a research note on December 10, 2024, with the firm’s price target at $14-$14. Raymond James coverage for the Applied Optoelectronics Inc (AAOI) stock in a research note released on September 03, 2024 offered a Outperform rating with a price target of $17. B. Riley Securities was of a view on February 23, 2024 that the stock is Neutral, while Rosenblatt gave the stock Buy rating on January 30, 2024, issuing a price target of $23. B. Riley Securities on their part issued Buy rating on December 13, 2023.
