Applied Optoelectronics (AAOI) Touches $72.24 High on Jun, 5; Cardiovascular Systems Has 1.31 Sentiment

June 5, 2017 - By Adrian Erickson

Cardiovascular Systems, Inc. is a medical technology company. The company has market cap of $1.01 billion. The Firm is engaged in treating patients suffering from peripheral and coronary artery diseases, including those with arterial calcium. It currently has negative earnings. The Firm develops an orbital atherectomy technology for both peripheral and coronary commercial applications.

The stock of Applied Optoelectronics Inc (NASDAQ:AAOI) reached all time high today, Jun, 5 and still has $76.57 target or 6.00% above today’s $72.24 share price. This indicates more upside for the $1.46 billion company. This technical setup was reported by Barchart.com. If the $76.57 PT is reached, the company will be worth $87.60M more. About 792,881 shares traded. Applied Optoelectronics Inc (NASDAQ:AAOI) has risen 622.05% since June 5, 2016 and is uptrending. It has outperformed by 605.35% the S&P500.

Since February 28, 2017, it had 0 insider purchases, and 15 selling transactions for $7.57 million activity. Yeh Shu-Hua (Joshua) sold $660,092 worth of stock or 10,000 shares. 3,787 shares were sold by Kuo David C, worth $227,220 on Monday, May 8. Chang Hung-Lun (Fred) had sold 10,000 shares worth $595,013 on Tuesday, May 9. $50,954 worth of Applied Optoelectronics Inc (NASDAQ:AAOI) was sold by Murry Stefan J. on Monday, March 13. Another trade for 7,500 shares valued at $480,000 was made by Lin Chewei on Thursday, May 18. Chen Min-Chu (Mike) had sold 5,000 shares worth $260,000. Yeh William H sold $1.78 million worth of stock.

Applied Optoelectronics, Inc. is a vertically integrated well-known provider of fiber-optic networking products, primarily for networking end markets, such as Internet data center, cable television , fiber-to-the-home (FTTH) and telecommunications (telecom). The company has market cap of $1.46 billion. The Firm creates and makes a range of optical communications products at varying levels of integration, from components, subassemblies and modules to turnkey equipment. It has a 25.69 P/E ratio. To Internet data center operators, it supplies optical transceivers that plug into switches and servers within the data center and allow these network devices to send and receive data over fiber optic cables.

Investors sentiment decreased to 1.32 in 2016 Q4. Its down 0.42, from 1.74 in 2016Q3. It dived, as 14 investors sold Applied Optoelectronics Inc shares while 33 reduced holdings. 29 funds opened positions while 33 raised stakes. 13.00 million shares or 3.94% more from 12.51 million shares in 2016Q3 were reported. Renaissance Technologies Ltd Liability Company holds 0.01% of its portfolio in Applied Optoelectronics Inc (NASDAQ:AAOI) for 174,100 shares. Driehaus Capital Mngmt Ltd Llc owns 120,580 shares. Selz Capital Ltd Liability stated it has 258,000 shares or 1.55% of all its holdings. New York State Common Retirement Fund has 97,010 shares for 0% of their portfolio. Legal & General Grp Inc Public Limited Company, a United Kingdom-based fund reported 4,259 shares. 164,919 are held by Wells Fargo And Mn. First Interstate Bank holds 0.05% of its portfolio in Applied Optoelectronics Inc (NASDAQ:AAOI) for 11,600 shares. Tudor Corporation Et Al invested in 15,417 shares or 0.01% of the stock. Manufacturers Life Insurance Com The has invested 0% in Applied Optoelectronics Inc (NASDAQ:AAOI). Pacad Limited has 0% invested in Applied Optoelectronics Inc (NASDAQ:AAOI). Highbridge Capital Mngmt Ltd Limited Liability Company owns 9,033 shares or 0% of their US portfolio. United Kingdom-based Oxford Asset has invested 0.02% in Applied Optoelectronics Inc (NASDAQ:AAOI). Deutsche Comml Bank Ag holds 0% in Applied Optoelectronics Inc (NASDAQ:AAOI) or 43,824 shares. The New York-based Goldman Management has invested 7.98% in Applied Optoelectronics Inc (NASDAQ:AAOI). King Wealth Management Gp Ltd Limited Liability Company holds 0.16% of its portfolio in Applied Optoelectronics Inc (NASDAQ:AAOI) for 14,950 shares.

Among 4 analysts covering Applied Optoelectronics (NASDAQ:AAOI), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Applied Optoelectronics had 7 analyst reports since August 6, 2015 according to SRatingsIntel. Northland Capital maintained Applied Optoelectronics Inc (NASDAQ:AAOI) on Thursday, August 6 with “Outperform” rating. Cowen & Co maintained Applied Optoelectronics Inc (NASDAQ:AAOI) on Thursday, February 25 with “Outperform” rating.

About 17,913 shares traded. Cardiovascular Systems Inc (CSII) has risen 113.78% since June 5, 2016 and is uptrending. It has outperformed by 97.08% the S&P500.

Perkins Capital Management Inc holds 3.39% of its portfolio in Cardiovascular Systems Inc for 127,550 shares. Camber Capital Management Llc owns 2.50 million shares or 3.15% of their US portfolio. Moreover, Ironwood Investment Management Llc has 1.15% invested in the company for 64,903 shares. The Minnesota-based Next Century Growth Investors Llc has invested 0.98% in the stock. Granahan Investment Management Inc Ma, a Massachusetts-based fund reported 1.16 million shares.