1492 Capital Loads Up AAOI With 216,000 Shares Bought

Company Overview - Applied Optoelectronics specializes in the design and manufacture of fiber-optic networking products, serving large-scale data center and telecom clients with advanced, cost-efficient solutions [6] - The company operates a vertically integrated business model, leveraging in-house manufacturing to deliver high-performance optical components and modules [6] - As of the latest data, Applied Optoelectronics has a market capitalization of $3.31 billion, employs 3,309 people, and reported a revenue of $421.71 million with a net income loss of $49.57 million [4] Recent Transaction - On February 10, 2026, 1492 Capital Management LLC disclosed a new position in Applied Optoelectronics, acquiring 215,987 shares valued at approximately $7.53 million [2] - This new stake represents 2.88% of 1492 Capital Management's 13F reportable assets under management as of December 31, 2025 [8] Performance Metrics - As of February 9, 2026, shares of Applied Optoelectronics were priced at $47.91, reflecting a 56.98% increase over the past year, significantly outperforming the S&P 500 by 46.22 percentage points [8] - The company has seen substantial revenue growth, with a 115% increase in revenue during the first nine months of 2025, driven by high demand for its 800G optical transceivers used in AI data centers [10] - Despite the revenue growth, the net loss for the first three quarters of 2025 was $43 million, which is an improvement compared to a $64 million loss in the same period the previous year [11]