Could Applied Optoelectronics Inc Decline After Today’s Tip From Option Traders?

 Could Applied Optoelectronics Inc Decline After Today's Tip From Option Traders?

In today’s session Applied Optoelectronics Inc (AAOI) registered an unusually high (151) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious AAOI increase. With 151 contracts traded and 4194 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: AAOI161118C00022500 closed last at: $0.85 or 10.5% down. About 275,577 shares traded hands. Applied Optoelectronics Inc (NASDAQ:AAOI) has risen 46.88% since April 5, 2016 and is uptrending. It has outperformed by 44.92% the S&P500.

Applied Optoelectronics Inc (NASDAQ:AAOI) Ratings Coverage

Out of 4 analysts covering Applied Optoelectronics (NASDAQ:AAOI), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Applied Optoelectronics has been the topic of 6 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, August 6 by Northland Capital. On Thursday, February 25 the stock rating was maintained by Cowen & Co with “Outperform”.

According to Zacks Investment Research, “Applied Optoelectronics, Inc. designs, develops and manufactures advanced optical devices, packaged optical components, optical subsystems, laser transmitters and fiber optic transceivers. The company’s products are used in fiber optic communications equipment for FTTH, point-to-point telecom, datacom and access networks and systems supporting cable television, network infrastructure. Applied Optoelectronics, Inc. is headquartered in Sugar Land, Texas.”

Insitutional Activity: The institutional sentiment decreased to 0.71 in 2016 Q2. Its down 1.61, from 2.32 in 2016Q1. The ratio dropped, as 24 funds sold all Applied Optoelectronics Inc shares owned while 28 reduced positions. 13 funds bought stakes while 24 increased positions. They now own 12.65 million shares or 9.15% less from 13.93 million shares in 2016Q1.
Gilder Gagnon Howe And Ltd Liability holds 0.11% or 478,787 shares in its portfolio. Emerald Advisers Inc Pa accumulated 420,011 shares or 0.23% of the stock. Aqr Management Ltd Liability Corporation last reported 0% of its portfolio in the stock. Geode Limited Liability Corporation, a Massachusetts-based fund reported 103,071 shares. Wells Fargo Communication Mn holds 0% or 183,275 shares in its portfolio. Moreover, Thompson Davis Com has 0.3% invested in Applied Optoelectronics Inc (NASDAQ:AAOI) for 16,750 shares. 1492 Capital Mngmt has 0.18% invested in the company for 18,035 shares. Manufacturers Life Insurance The last reported 0% of its portfolio in the stock. Cardinal Capital Management Ltd Liability Corporation Ct reported 86,080 shares or 0.05% of all its holdings. Moreover, Schwab Charles Investment Management has 0% invested in Applied Optoelectronics Inc (NASDAQ:AAOI) for 23,900 shares. Raymond James Financial Service Advsrs Inc has 0% invested in the company for 27,759 shares. Amer Group reported 9,496 shares or 0% of all its holdings. California Public Employees Retirement Sys accumulated 0% or 39,900 shares. Royal Comml Bank Of Canada holds 900 shares or 0% of its portfolio. Blackrock last reported 3,888 shares in the company.

Insider Transactions: Since May 25, 2016, the stock had 2 buys, and 4 sales for $92,083 net activity. Chang Hung-Lun (Fred) sold $13,043 worth of stock or 948 shares. $69,724 worth of shares were sold by Murry Stefan J. on Monday, September 12. On Monday, August 1 the insider Kuo David C sold $8,126. On Wednesday, May 25 the insider Chen Min-Chu (Mike) bought $99,750. Yeh William H also bought $101,460 worth of Applied Optoelectronics Inc (NASDAQ:AAOI) shares.

Applied Optoelectronics, Inc. is a vertically integrated well-known provider of fiber-optic networking products. The company has a market cap of $433.12 million. The Firm offers its products for approximately three networking end markets, such as Internet data center; cable television , and fiber-to-the-home (FTTH). It has a 21.67 P/E ratio. The Firm creates and makes a range of optical communications products at varying levels of integration, from components, subassemblies and modules to turnkey equipment.

AAOI Company Profile

Applied Optoelectronics, Inc., incorporated on March 25, 2013, is a vertically integrated well-known provider of fiber-optic networking products. The Firm offers its products for approximately three networking end markets, such as Internet data center; cable television (CATV), and fiber-to-the-home (FTTH). The Firm creates and makes a range of optical communications products at varying levels of integration, from components, subassemblies and modules to turnkey equipment. The Company’s clients in the Internet data center market include Internet (Web 2.0) data center operators, to whom it supplies optical transceivers that plug into switches and servers within the data center, and allow these network devices to send and receive data over fiber optic cables. To the CATV market, the Company supplies a range of products, including lasers, transmitters and turnkey equipment, as well as headend, node and distribution equipment. The Firm designs, makes and integrates its own analog and digital lasers using a combination of Metal Organic Chemical Vapor Deposition (MOCVD) and its Molecular Beam Epitaxy (MBE) fabrication process.

Another recent and important Applied Optoelectronics Inc (NASDAQ:AAOI) news was published by Fool.com which published an article titled: “Why Shares of Applied Optoelectronics Inc. Are Surging Today” on September 07, 2016.

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