KD Logo

Checking in on Applied Optoelectronics Inc (AAOI) after recent insiders movement

Applied Optoelectronics Inc’s filing revealed that its Officer Murry Stefan J. acquired Company’s shares for reported $79024.0 on Feb 18 ’25. In the deal valued at $26.34 per share,3,000 shares were bought.

Then, Murry Stefan J. sold 2,298 shares, generating $80,814 in total proceeds. Upon selling the shares at $35.17, the Chief Financial Officer now owns 209,831 shares.

Before that, Murry Stefan J. bought 2,298 shares. Applied Optoelectronics Inc shares valued at $80,814 were divested by the Officer at a price of $35.17 per share.

B. Riley Securities downgraded its Applied Optoelectronics Inc [AAOI] rating to a Sell from a a Neutral in a research note published on December 10, 2024; the price target was increased to $14 from $14. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in early September from “a Mkt perform” to “an Outperform”. B. Riley Securities also remained covering AAOI and has decreased its forecast on February 23, 2024 with a “Neutral” recommendation from previously “Buy” rating. Rosenblatt started covering the stock on January 30, 2024. It rated AAOI as “a Buy”.

Price Performance Review of AAOI

On Tuesday, Applied Optoelectronics Inc [NASDAQ:AAOI] saw its stock jump 2.05% to $26.43. Over the last five days, the stock has lost -13.40%. Applied Optoelectronics Inc shares have fallen nearly -28.30% since the year began. Nevertheless, the stocks have risen 26.58% over the past one year. While a 52-week high of $44.50 was reached on 01/06/25, a 52-week low of $6.70 was recorded on 02/04/25. SMA at 50 days reached $32.16, while 200 days put it at $18.68.

Levels Of Support And Resistance For AAOI Stock

The 24-hour chart illustrates a support level at 24.98, which if violated will result in even more drops to 23.54. On the upside, there is a resistance level at 28.29. A further resistance level may holdings at 30.16. The Relative Strength Index (RSI) on the 14-day chart is 44.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.72%. Stochastics %K at 36.45% indicates the stock is a holding.

The most recent change occurred on December 13, 2023 when B. Riley Securities resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $22.

Most Popular