Applied Optoelectronics Inc (NASDAQ:AAOI) Quarterly Sentiment Report

Applied Optoelectronics, Inc. (NASDAQ:AAOI) Logo

Sentiment for Applied Optoelectronics Inc (NASDAQ:AAOI)

Applied Optoelectronics Inc (NASDAQ:AAOI) institutional sentiment decreased to 0.95 in 2019 Q1. Its down -0.07, from 1.02 in 2018Q4. The ratio has dropped, as 54 funds started new and increased equity positions, while 57 decreased and sold their holdings in Applied Optoelectronics Inc. The funds in our partner’s database now have: 12.37 million shares, up from 11.84 million shares in 2018Q4. Also, the number of funds holding Applied Optoelectronics Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 22 Reduced: 35 Increased: 35 New Position: 19.

Applied Optoelectronics, Inc. designs, makes, and sells fiber-optic networking products primarily for Internet data center, cable television , and fiber-to-the-home (FTTH) networking end-markets. The company has market cap of $198.80 million. It offers optical modules, lasers, transmitters and transceivers, and turn-key equipment, as well as headend, node, and distribution equipment. It currently has negative earnings. The firm sells its products to Internet data center operators, CATV and telecommunications equipment manufacturers, and Internet service providers through its direct and indirect sales channels worldwide.

The stock increased 0.71% or $0.07 during the last trading session, reaching $9.97. About 424,213 shares traded. Applied Optoelectronics, Inc. (NASDAQ:AAOI) has declined 68.90% since July 14, 2018 and is downtrending. It has underperformed by 73.33% the S&P500.

Analysts await Applied Optoelectronics, Inc. (NASDAQ:AAOI) to report earnings on August, 6. They expect $-0.47 EPS, down 188.68 % or $1.00 from last year’s $0.53 per share. After $-0.42 actual EPS reported by Applied Optoelectronics, Inc. for the previous quarter, Wall Street now forecasts 11.90 % negative EPS growth.

Newtyn Management Llc holds 0.8% of its portfolio in Applied Optoelectronics, Inc. for 346,050 shares. Investment Counselors Of Maryland Llc owns 467,894 shares or 0.28% of their US portfolio. Moreover, Alpine Woods Capital Investors Llc has 0.08% invested in the company for 30,650 shares. The New York-based Engineers Gate Manager Lp has invested 0.08% in the stock. Pdt Partners Llc, a New York-based fund reported 105,105 shares.

Since January 1, 0001, it had 0 buys, and 1 sale for $17,370 activity.

Applied Optoelectronics, Inc. (NASDAQ:AAOI) Ratings Coverage

Ratings analysis reveals 0 of Applied Optoelectronics’s analysts are positive. Out of 3 Wall Street analysts rating Applied Optoelectronics, 0 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $10 while the high is $16. The stock’s average target of $12.67 is 27.08% above today’s ($9.97) share price. AAOI was included in 9 notes of analysts from February 22, 2019. As per Friday, February 22, the company rating was maintained by Piper Jaffray. DA Davidson downgraded it to “Neutral” rating and $16 target in Friday, February 22 report. As per Friday, February 22, the company rating was maintained by Rosenblatt.

More notable recent Applied Optoelectronics, Inc. (NASDAQ:AAOI) news were published by: Globenewswire.com which released: “Applied Optoelectronics Announces Pricing of $70000000 of Convertible Senior Notes due 2024 – GlobeNewswire” on February 28, 2019, also Nasdaq.com with their article: “Why Is Applied Opto (AAOI) Stock Soaring Today? – Nasdaq” published on April 11, 2018, Streetinsider.com published: “Applied Optoelectronics (AAOI) Losing Substantial Share To Finisar (FNSR) – Rosenblatt – StreetInsider.com” on April 15, 2019. More interesting news about Applied Optoelectronics, Inc. (NASDAQ:AAOI) were released by: Benzinga.com and their article: “30 Stocks Moving In Tuesday’s Mid-Day Session – Benzinga” published on July 09, 2019 as well as Finance.Yahoo.com‘s news article titled: “Earnings Preview: Applied Optoelectronics (AAOI) Q1 Earnings Expected to Decline – Yahoo Finance” with publication date: May 01, 2019.

Applied Optoelectronics, Inc. (NASDAQ:AAOI) Ratings Chart

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