Commonwealth Equity Services Adds $1M in Applied Optoelectronics, Inc. ($AAOI)
Key Points
- Commonwealth Equity Services changed its Applied Optoelectronics, Inc. ($AAOI) stake by 10.8% last quarter, boosting to 89,669 shares worth $15.16 million.
- Wall Street's consensus rating on $AAOI is Buy and an average price target of $151.30.
- $AAOI last traded around $169.11.
Commonwealth Equity Services increased its position in Applied Optoelectronics, Inc. ($AAOI) by 10.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,669 shares of Applied Optoelectronics, Inc. after buying 8,705 shares during the quarter. Commonwealth Equity Services's holdings in Applied Optoelectronics, Inc. were worth $15.16 million as of its most recent filing.
Applied Optoelectronics, Inc. ($AAOI) Stock
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About Applied Optoelectronics, Inc.
Applied Optoelectronics, Inc. engages in the design, manufacture, and sale of fiber-optic networking products in the United States, Taiwan, and China. The company offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, and distribution equipment, as well as amplifiers. It sells its products to internet data center operators, cable television, telecom equipment manufacturers, fiber-to-the-home, and internet service providers through its direct and indirect sales channels. Applied Optoelectronics, Inc. was incorporated in 1997 and is headquartered in Sugar Land, Texas.
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