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Potential Price Increase for Applied Optoelectronics Inc (AAOI) After Recent Insider Activity

In a filing, Applied Optoelectronics Inc revealed its Officer Murry Stefan J. acquired Company’s shares for reported $46122.0 on Mar 17 ’25. In the deal valued at $23.06 per share,2,000 shares were bought.

Then, Murry Stefan J. sold 3,000 shares, generating $79,024 in total proceeds. Upon selling the shares at $26.34, the Chief Financial Officer now owns 198,581 shares.

Before that, Murry Stefan J. bought 3,000 shares. Applied Optoelectronics Inc shares valued at $79,024 were divested by the Officer at a price of $26.34 per share.

B. Riley Securities upgraded its Applied Optoelectronics Inc [AAOI] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in early December from “a Neutral” to “a Sell”. Raymond James also remained covering AAOI and has increased its forecast on September 03, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. B. Riley Securities revised its rating on February 23, 2024. It rated AAOI as “a Neutral” which previously was an “a Buy”.

Price Performance Review of AAOI

On Monday, Applied Optoelectronics Inc [NASDAQ:AAOI] saw its stock fall -5.11% to $20.98. Over the last five days, the stock has gained 48.27%. Applied Optoelectronics Inc shares have fallen nearly -43.08% since the year began. Nevertheless, the stocks have risen 50.07% 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 03/10/25. SMA at 50 days reached $26.26, while 200 days put it at $19.58.

Levels Of Support And Resistance For AAOI Stock

The 24-hour chart illustrates a support level at 19.99, which if violated will result in even more drops to 18.99. On the upside, there is a resistance level at 22.84. A further resistance level may holdings at 24.69. The Relative Strength Index (RSI) on the 14-day chart is 48.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.54%. Stochastics %K at 40.41% indicates the stock is a holding.

How much short interest is there in Applied Optoelectronics Inc?

A steep rise in short interest was recorded in Applied Optoelectronics Inc stocks on 2025-02-28, growing by 72936.0 shares to a total of 9.62 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 9.55 million shares. There was a rise of 0.76%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on January 30, 2024 when Rosenblatt began covering the stock and recommended ‘”a Buy”‘ rating along with a $23 price target.

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