Applied Optoelectronics Inc (NASDAQ:AAOI) price target lowered to $35.00 by Needham & Company LLC

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Analyst Ratings For Applied Optoelectronics Inc (NASDAQ:AAOI)

Today, Needham & Company LLC lowered its price target on Applied Optoelectronics Inc (NASDAQ:AAOI) to $35.00 per share.

There are 6 Sell Ratings, 4 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Applied Optoelectronics Inc (NASDAQ:AAOI) is Hold with a consensus target price of $32.8636 per share, a potential 35.86% upside.

Some recent analyst ratings include

  • 9/28/2018-Applied Optoelectronics Inc (NASDAQ:AAOI) gets downgraded to Outperform by Raymond James with a price target of $40.00
  • 9/28/2018-Applied Optoelectronics Inc (NASDAQ:AAOI) had its Neutral rating reiterated by Piper Jaffray Companies with a $29.00 price target
  • 9/27/2018-Applied Optoelectronics Inc (NASDAQ:AAOI) gets downgraded to Sell by Loop Capital with a price target of $20.00

Recent Insider Trading Activity For Applied Optoelectronics Inc (NASDAQ:AAOI)
Applied Optoelectronics Inc (NASDAQ:AAOI) has insider ownership of 6.90% and institutional ownership of 72.36%.

  • On 6/7/2018 Stefan J Murry, CFO, sold 3,000 with an average share price of $44.25 per share and the total transaction amounting to $132,750.00.
  • On 1/11/2018 Richard B Black, Director, sold 1,000 with an average share price of $35.37 per share and the total transaction amounting to $35,370.00.
  • On 12/7/2017 Richard B Black, Director, sold 1,000 with an average share price of $40.43 per share and the total transaction amounting to $40,430.00.
  • On 11/20/2017 Chih-Hsiang (Thompson) Lin, Insider, sold 3,600 with an average share price of $45.24 per share and the total transaction amounting to $162,864.00.
  • On 11/16/2017 Chih-Hsiang (Thompson) Lin, CEO, sold 1,300 with an average share price of $45.30 per share and the total transaction amounting to $58,890.00.
  • On 11/13/2017 Alan D Moore, Director, bought 22,400 with an average share price of $44.60 per share and the total transaction amounting to $999,040.00.
  • On 11/9/2017 Richard B Black, Director, sold 1,000 with an average share price of $43.00 per share and the total transaction amounting to $43,000.00.

About Applied Optoelectronics Inc (NASDAQ:AAOI)
Applied Optoelectronics, Inc. designs, manufactures, and sells various fiber-optic networking products worldwide. It offers optical modules, lasers, transmitters and transceivers, and turn-key equipment, as well as headend, node, and distribution equipment. The company sells its products to Internet data center operators, cable television and telecommunications equipment manufacturers, and Internet service providers through its direct and indirect sales channels. Applied Optoelectronics, Inc. was founded in 1997 and is headquartered in Sugar Land, Texas.

Recent Trading Activity for Applied Optoelectronics Inc (NASDAQ:AAOI)
Shares of Applied Optoelectronics Inc closed the previous trading session at 24.35 −0.31 1.26% with 25.48 shares trading hands.