Verition Fund Management Adds $8M in Applied Optoelectronics, Inc. ($AAOI)
Key Points
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Verition Fund Management increased its position in Applied Optoelectronics, Inc. ($AAOI) by 61.51% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 141,020 shares of Applied Optoelectronics, Inc. after buying 53,708 shares during the quarter. Verition Fund Management's holdings in Applied Optoelectronics, Inc. were worth $20.55 million as of its most recent filing.
Applied Optoelectronics, Inc. Stock Up 37.2%
Shares of Applied Optoelectronics, Inc. ($AAOI) traded around $145.73 on Saturday, up 37.2% for the day.
Applied Optoelectronics, Inc. Earnings
Analysts Set New Price Targets
About Applied Optoelectronics, Inc.
Applied Optoelectronics, Inc. engages in the design, manufacture, and sale of fiber-optic networking products in the United States, Taiwan, and China. The company offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, and distribution equipment, as well as amplifiers. It sells its products to internet data center operators, cable television, telecom equipment manufacturers, fiber-to-the-home, and internet service providers through its direct and indirect sales channels. Applied Optoelectronics, Inc. was incorporated in 1997 and is headquartered in Sugar Land, Texas.
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