Market Exclusive

Applied Optoelectronics Inc (NASDAQ:AAOI) gets downgraded to Buy by Needham & Company LLC

Analyst Ratings For Applied Optoelectronics Inc (NASDAQ:AAOI)

Today, Applied Optoelectronics Inc (NASDAQ:AAOI) stock was downgraded by Needham & Company LLC from Strong-Buy to Buy.

There are 4 Sell Ratings, 4 Buy Ratings, 3 Hold Ratings, 1 Strong Buy Ratings on the stock.

The current consensus rating on Applied Optoelectronics Inc (NASDAQ:AAOI) is Hold with a consensus target price of $43.9545 per share, a potential 18.06% upside.

Some recent analyst ratings include

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 67.56%.

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 37.23 −1.75 4.49% with shares trading hands.

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