Applied Optoelectronics (AAOI) Valuation Rose While Tt International Decreased Its Position; As United Parcel Service (UPS) Stock Price Rose, Intersect Capital Has Raised Holding

June 17, 2018 - By David Stenberg

Applied Optoelectronics, Inc. (NASDAQ:AAOI) Logo

Intersect Capital Llc increased its stake in United Parcel Service Inc (UPS) by 30.76% based on its latest 2018Q1 regulatory filing with the SEC. Intersect Capital Llc bought 3,898 shares as the company’s stock rose 6.87% while stock markets declined. The institutional investor held 16,572 shares of the transportation company at the end of 2018Q1, valued at $1.73M, up from 12,674 at the end of the previous reported quarter. Intersect Capital Llc who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $100.62 billion market cap company. The stock decreased 0.36% or $0.42 during the last trading session, reaching $116.77. About 4.29 million shares traded or 30.18% up from the average. United Parcel Service, Inc. (NYSE:UPS) has risen 9.01% since June 17, 2017 and is uptrending. It has underperformed by 3.56% the S&P500. Some Historical UPS News: 23/05/2018 – UPS TO BOOST CHARGE ON OVERSIZED ITEMS IN SMALL-PACKAGE NETWORK; 24/05/2018 – Russian AgroTech Start-Ups Will Get Acquainted With France; 30/05/2018 – FOX Baltimore: BREAKING: About a dozen people received medical attention after an explosion damaged a UPS freight hub in; 24/05/2018 – JCDECAUX: JCDECAUX PUTS START-UPS AT HEART OF OFFER AT VIVA; 30/05/2018 – Global Classified Annual Report 2017-2018: Revenue Opportunities, Brightest Start-Ups & Overview of the Big 6 – ResearchAndMarkets.com; 19/03/2018 – United Parcel Service Inc CDS Widens 5 Bps, Most in 3 Years; 15/05/2018 – UPS, AMZN: $UPS To Bypass UPS, Amazon $AMZN Mimics Uber Tactics – TheInformation; 21/03/2018 – FBI reminds couriers on suspicious package protocols after Texas bombings; 05/03/2018 – Investing in China’s High-Growth Start-Ups (Video); 19/03/2018 – S&PGR Ups Rtg To ‘AA-‘ On Jefferson Cnty FireProtDist #1, WA B

Tt International decreased its stake in Applied Optoelectronics Inc (AAOI) by 86.75% based on its latest 2018Q1 regulatory filing with the SEC. Tt International sold 405,745 shares as the company’s stock rose 23.18% while stock markets declined. The institutional investor held 61,987 shares of the technology company at the end of 2018Q1, valued at $1.55 billion, down from 467,732 at the end of the previous reported quarter. Tt International who had been investing in Applied Optoelectronics Inc for a number of months, seems to be less bullish one the $849.34 million market cap company. The stock decreased 0.82% or $0.36 during the last trading session, reaching $43.38. About 872,978 shares traded. Applied Optoelectronics, Inc. (NASDAQ:AAOI) has declined 49.19% since June 17, 2017 and is downtrending. It has underperformed by 61.76% the S&P500. Some Historical AAOI News: 08/05/2018 – Applied Optoelectronics 1Q Rev $65.2M; 05/04/2018 – APPLIED OPTOELECTRONICS – ON MARCH 30, CO EXECUTED FIRST AMENDMENT TO LOAN AGREEMENT, AMONG OTHERS (COLLECTIVELY, THE AMENDED CREDIT FACILITY); 08/03/2018 – Applied Optoelectronics Showcases New Technology at OFC

Tt International, which manages about $8.38 billion and $2.30B US Long portfolio, upped its stake in Xl Group Ltd (NYSE:TDY) by 100,114 shares to 122,246 shares, valued at $6.76M in 2018Q1, according to the filing. It also increased its holding in Monsanto Co New (NYSE:JNJ) by 97,969 shares in the quarter, for a total of 136,518 shares, and has risen its stake in Alibaba Group Hldg Ltd (NASDAQ:ALXN).

Among 14 analysts covering Applied Optoelectronics (NASDAQ:AAOI), 6 have Buy rating, 4 Sell and 4 Hold. Therefore 43% are positive. Applied Optoelectronics had 45 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Buy” rating by Needham on Wednesday, November 8. The rating was maintained by B. Riley & Co with “Neutral” on Thursday, February 22. The company was maintained on Tuesday, September 19 by Cowen & Co. On Thursday, July 13 the stock rating was maintained by Cowen & Co with “Buy”. Craig Hallum maintained Applied Optoelectronics, Inc. (NASDAQ:AAOI) rating on Friday, July 14. Craig Hallum has “Buy” rating and $9500 target. The firm has “Hold” rating by FBR Capital given on Tuesday, January 9. Cowen & Co maintained the stock with “Outperform” rating in Thursday, February 25 report. The stock has “Buy” rating by Needham on Friday, July 14. Roth Capital maintained the shares of AAOI in report on Friday, July 14 with “Buy” rating. Piper Jaffray maintained Applied Optoelectronics, Inc. (NASDAQ:AAOI) rating on Thursday, August 3. Piper Jaffray has “Buy” rating and $8700 target.

More notable recent Applied Optoelectronics, Inc. (NASDAQ:AAOI) news were published by: Seekingalpha.com which released: “Applied Optoelectronics: Major Short Covering Underway?” on June 05, 2018, also Nasdaq.com with their article: “Why Madrigal Pharmaceuticals, Brink’s, and Applied Optoelectronics Jumped Today” published on May 31, 2018, Investorplace.com published: “5 Top Stock Trades for Wednesday Morning” on May 29, 2018. More interesting news about Applied Optoelectronics, Inc. (NASDAQ:AAOI) were released by: Seekingalpha.com and their article: “Applied Optoelectronics: Reasons For Optimism” published on May 22, 2018 as well as Fool.com‘s news article titled: “These 3 Optical Networking Stocks Are Ridiculously Cheap” with publication date: May 29, 2018.

Analysts await Applied Optoelectronics, Inc. (NASDAQ:AAOI) to report earnings on August, 2. They expect $0.34 EPS, down 76.22% or $1.09 from last year’s $1.43 per share. AAOI’s profit will be $6.66M for 31.90 P/E if the $0.34 EPS becomes a reality. After $0.17 actual EPS reported by Applied Optoelectronics, Inc. for the previous quarter, Wall Street now forecasts 100.00% EPS growth.

Investors sentiment increased to 1.01 in Q1 2018. Its up 0.16, from 0.85 in 2017Q4. It is positive, as 32 investors sold AAOI shares while 39 reduced holdings. 23 funds opened positions while 49 raised stakes. 13.19 million shares or 11.40% more from 11.84 million shares in 2017Q4 were reported. Raymond James & Assocs reported 211,104 shares. Federated Invsts Pa holds 0% or 28,489 shares in its portfolio. Malaga Cove Capital Ltd Liability Corp owns 66,216 shares. Westpac Bk Corporation reported 0% of its portfolio in Applied Optoelectronics, Inc. (NASDAQ:AAOI). Louisiana State Employees Retirement stated it has 0.01% in Applied Optoelectronics, Inc. (NASDAQ:AAOI). Credit Suisse Ag owns 34,370 shares. Logan Cap Mngmt Inc invested in 0.05% or 28,422 shares. Newtyn Mgmt Ltd Co owns 52,337 shares. Comml Bank Of New York Mellon Corp holds 320,125 shares. Rhumbline Advisers reported 44,469 shares. Victory Cap Mgmt holds 0% of its portfolio in Applied Optoelectronics, Inc. (NASDAQ:AAOI) for 3,602 shares. Great West Life Assurance Can stated it has 24,256 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 1,434 shares or 0% of the stock. State Of Tennessee Treasury Department stated it has 0.09% of its portfolio in Applied Optoelectronics, Inc. (NASDAQ:AAOI). Stratos Wealth Prtn Limited holds 0% of its portfolio in Applied Optoelectronics, Inc. (NASDAQ:AAOI) for 250 shares.

Since January 11, 2018, it had 0 insider purchases, and 3 sales for $236,890 activity. Murry Stefan J. also sold $132,760 worth of Applied Optoelectronics, Inc. (NASDAQ:AAOI) shares. BLACK RICHARD B sold $35,370 worth of stock or 1,000 shares.

Intersect Capital Llc, which manages about $207.70 million and $189.13 million US Long portfolio, decreased its stake in Powershares Qqq Trust (QQQ) by 2,000 shares to 1,429 shares, valued at $229,000 in 2018Q1, according to the filing.

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Investorplace.com which released: “5 Top Stock Trades for Wednesday Morning” on June 12, 2018, also Investorplace.com with their article: “New Lows Almost Certainly Are in the Future for Petrobras Stock” published on June 17, 2018, Benzinga.com published: “Bernstein: Amazon Flex Is No Threat To FedEx, UPS” on May 26, 2018. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Globenewswire.com and their article: “UPS Expands Ocean Freight Service In 130 New Trade Lanes” published on June 07, 2018 as well as Seekingalpha.com‘s news article titled: “UPS – A Stock For Your Watchlist” with publication date: June 11, 2018.

Since February 26, 2018, it had 0 buys, and 2 sales for $650,730 activity. $170,130 worth of United Parcel Service, Inc. (NYSE:UPS) was sold by Brothers Norman M. Jr on Tuesday, May 1.

United Parcel Service, Inc. (NYSE:UPS) Institutional Positions Chart

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