Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Applied Optoelectronics Inc shares valued at $79,024 were sold by Murry Stefan J. on Feb 18 ’25. At $26.34 per share, Murry Stefan J. sold 3,000 shares. The insider’s holdings dropped to 198,581 shares worth approximately $4.77 million following the completion of this transaction.
Also, Murry Stefan J. purchased 3,000 shares, netting a total of over 79,024 in proceeds.
Before that, Murry Stefan J. had sold 2,298 shares from its account. In a trade valued at $80,814, the Chief Financial Officer traded Applied Optoelectronics Inc shares for $35.17 each. Upon closing the transaction, the insider’s holdings decreased to 2,298 shares, worth approximately $5.04 million.
As published in a research note from B. Riley Securities on December 10, 2024, Applied Optoelectronics Inc [AAOI] has been rated down from a Neutral to a Sell and the price target has been revised to $14 from $14. Analysts at Raymond James upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in early September. As of February 23, 2024, B. Riley Securities has decreased its “Buy” rating to a “Neutral” for AAOI. Earlier on January 30, 2024, Rosenblatt initiated its rating. Their recommendation was “a Buy” for AAOI stock.
Analyzing AAOI Stock Performance
During the last five days, there has been a drop of approximately -12.58%. Over the course of the year, Applied Optoelectronics Inc shares have dropped approximately -34.78%. Shares of the company reached a 52-week high of $39.85 on 01/06/25 and a 52-week low of $22.01 on 02/27/25. A 50-day SMA is recorded $30.73, while a 200-day SMA reached $19.21. Nevertheless, trading volume fell to 7.21 million shares from 6.02 million shares the previous day.
Support And Resistance Levels for Applied Optoelectronics Inc (AAOI)
According to the 24-hour chart, there is a support level at 22.00, which, if violated, would cause prices to drop to 19.96. In the upper region, resistance lies at 26.09. The next price resistance is at 28.13. RSI (Relative Strength Index) is 40.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.53, which suggests the price will decrease in the coming days. Percent R is at 79.54%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
