Point72 Asset Management, L.P. Adds $45M in Applied Optoelectronics, Inc. ($AAOI)
Key Points
- Wall Street's consensus rating on $AAOI is Buy and an average price target of $151.30.
- $AAOI last traded around $169.11.
Point72 Asset Management, L.P. acquired a new position in Applied Optoelectronics, Inc. ($AAOI), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 265,543 shares of Applied Optoelectronics, Inc.. Point72 Asset Management, L.P.'s holdings in Applied Optoelectronics, Inc. were worth $44.91 million as of its most recent filing.
Applied Optoelectronics, Inc. ($AAOI) Stock
Applied Optoelectronics, Inc. Earnings
Analysts Set New Price Targets
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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