Applied Optoelectronics Inc’s filing revealed that its Chief Financial Officer Murry Stefan J. unloaded Company’s shares for reported $79024.0 on Feb 18 ’25. In the deal valued at $26.34 per share,3,000 shares were sold. As a result of this transaction, Murry Stefan J. now holds 198,581 shares worth roughly $3.52 million.
Then, Murry Stefan J. bought 3,000 shares, generating $79,024 in total proceeds.
Before that, Murry Stefan J. sold 2,298 shares. Applied Optoelectronics Inc shares valued at $80,814 were divested by the Chief Financial Officer at a price of $35.17 per share. As a result of the transaction, Murry Stefan J. now holds 209,831 shares, worth roughly $3.72 million.
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 Monday, Applied Optoelectronics Inc [NASDAQ:AAOI] saw its stock fall -18.94% to $17.72. Over the last five days, the stock has lost -35.14%. Applied Optoelectronics Inc shares have fallen nearly -51.93% since the year began. Nevertheless, the stocks have risen 25.85% 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 03/03/25. SMA at 50 days reached $30.09, while 200 days put it at $19.31.
Levels Of Support And Resistance For AAOI Stock
The 24-hour chart illustrates a support level at 15.74, which if violated will result in even more drops to 13.76. On the upside, there is a resistance level at 21.30. A further resistance level may holdings at 24.88. The Relative Strength Index (RSI) on the 14-day chart is 30.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.35%. Stochastics %K at 12.05% indicates the stock is a buying.
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.
