Lumen Technologies hires Sean Alexander as head of Connected Ecosystems
Director of Applied Optoelectronics NASDAQ:AAOI, Min-Chu (Mike) Chen, reported that his spouse purchased 7,500 shares of the company’s common stock on August 13, 2025. The $1.31 billion market cap company has shown remarkable volatility, with a 158% return over the past year according to InvestingPro data. The shares were bought in multiple transactions at prices ranging from $22.50 to $23.20, averaging $22.91, for a total value of $171,825. Currently trading at $21.01, the stock appears overvalued based on InvestingPro’s Fair Value analysis. For deeper insights into AAOI’s valuation and 10 additional ProTips, access the comprehensive Pro Research Report available exclusively to InvestingPro subscribers.
In other recent news, Applied Optoelectronics reported its second-quarter 2025 financial results, which fell short of expectations. The company posted sales of $103 million and an earnings per share loss of $0.16, missing the consensus estimates of $105.9 million in revenue and a loss of $0.07 per share. Despite this, revenue did increase by 3.1% from the previous quarter, with notable growth in 400G products, which surged 212% to $9 million. Analyst firm B. Riley has lowered its price target for the company to $13.00, maintaining a Neutral rating. Meanwhile, Rosenblatt reiterated its Buy rating with a $34.00 price target, citing positive developments in 400G growth and projecting a record revenue of approximately $121 million for the third quarter. Needham also maintained a Buy rating with a $32.00 price target, highlighting potential in the 800G market. These developments come amidst higher-than-expected operating expenses that contributed to the earnings shortfall.
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