The stock of Applied Optoelectronics, Inc. (NASDAQ:AAOI) is a huge mover today! The stock decreased 24.11% or $8.33 during the last trading session, reaching $26.22. About 6.28 million shares traded or 419.83% up from the average. Applied Optoelectronics, Inc. (NASDAQ:AAOI) has risen 622.05% since February 22, 2017 and is uptrending. It has outperformed by 605.35% the S&P500.The move comes after 5 months negative chart setup for the $508.20 million company. It was reported on Feb, 22 by Barchart.com. We have $25.17 PT which if reached, will make NASDAQ:AAOI worth $20.33M less.
The stock decreased 0.39% or $0.05 during the last trading session, reaching $12.72. About 15,898 shares traded. AllianceBernstein National Municipal Income Fund (AFB) has declined 7.26% since February 22, 2017 and is downtrending. It has underperformed by 23.96% the S&P500.
Robinson Capital Management Llc holds 0.91% of its portfolio in AllianceBernstein National Municipal Income Fund for 145,772 shares. Rocky Mountain Advisers Llc owns 8,000 shares or 0.47% of their US portfolio. Moreover, Rivernorth Capital Management Llc has 0.39% invested in the company for 340,090 shares. The Washington-based Tradewinds Capital Management Llc has invested 0.34% in the stock. Arete Wealth Advisors Llc, a Illinois-based fund reported 49,266 shares.
Since September 7, 2017, it had 0 insider buys, and 4 insider sales for $560,510 activity. Lin Chewei had sold 7,000 shares worth $406,000 on Monday, September 11. BLACK RICHARD B also sold $35,370 worth of Applied Optoelectronics, Inc. (NASDAQ:AAOI) shares.
Investors sentiment decreased to 1.19 in 2017 Q3. Its down 1.02, from 2.21 in 2017Q2. It fall, as 45 investors sold Applied Optoelectronics, Inc. shares while 48 reduced holdings. 47 funds opened positions while 64 raised stakes. 14.64 million shares or 5.15% less from 15.44 million shares in 2017Q2 were reported. Affinity Wealth reported 3,450 shares. Alliancebernstein Limited Partnership holds 0% or 21,200 shares. Trafelet Brokaw Capital Management Lp stated it has 17.77% of its portfolio in Applied Optoelectronics, Inc. (NASDAQ:AAOI). Employees Retirement Of Texas, a Texas-based fund reported 24,000 shares. Nationwide Fund Advisors holds 10,337 shares or 0% of its portfolio. Horizon Inv Service Ltd Liability Corporation holds 5,950 shares or 0.16% of its portfolio. Goldman Sachs Gru invested 0% of its portfolio in Applied Optoelectronics, Inc. (NASDAQ:AAOI). New York-based Tiaa Cref Ltd Liability Company has invested 0% in Applied Optoelectronics, Inc. (NASDAQ:AAOI). Bowling Portfolio Mgmt Ltd Liability Company stated it has 0.09% of its portfolio in Applied Optoelectronics, Inc. (NASDAQ:AAOI). 121,446 were reported by Hound Prtnrs Limited Liability. Carnegie Capital Asset Management Lc, Ohio-based fund reported 16,420 shares. Schwab Charles Inv Mgmt holds 0.01% or 103,226 shares in its portfolio. Private Advisor Group Incorporated Limited Liability Corporation holds 0.01% or 4,215 shares in its portfolio. Balyasny Asset Management Ltd Co reported 825,300 shares. Cetera Advisor Limited Liability Corp has 0.01% invested in Applied Optoelectronics, Inc. (NASDAQ:AAOI) for 3,758 shares.
Among 13 analysts covering Applied Optoelectronics (NASDAQ:AAOI), 6 have Buy rating, 2 Sell and 5 Hold. Therefore 46% are positive. Applied Optoelectronics had 38 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, February 16 by FBR Capital. The stock of Applied Optoelectronics, Inc. (NASDAQ:AAOI) has “Buy” rating given on Tuesday, June 20 by Cowen & Co. The stock of Applied Optoelectronics, Inc. (NASDAQ:AAOI) has “Buy” rating given on Friday, July 14 by Roth Capital. PiperJaffray downgraded the shares of AAOI in report on Monday, January 29 to “Neutral” rating. On Friday, October 13 the stock rating was maintained by Raymond James with “Buy”. DA Davidson maintained Applied Optoelectronics, Inc. (NASDAQ:AAOI) on Friday, August 4 with “Buy” rating. Northland Capital downgraded it to “Sell” rating and $4300 target in Friday, August 4 report. The rating was maintained by Cowen & Co with “Outperform” on Thursday, February 25. Raymond James maintained Applied Optoelectronics, Inc. (NASDAQ:AAOI) on Friday, August 4 with “Buy” rating. The company was maintained on Friday, October 13 by Northland Capital.
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 $508.20 million. It offers optical modules, lasers, transmitters and transceivers, and turn-key equipment, as well as headend, node, and distribution equipment. It has a 6.16 P/E ratio. 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.