1492 Capital Loads Up AAOI With 216,000 Shares Bought

Applied Optoelectronics delivers fiber-optic networking hardware and optical modules to data centers and telecom clients worldwide.On February 10, 2026, 1492 Capital Management LLC disclosed a new position in Applied Optoelectronics (AAOI +4.36%).What happenedAccording to a Securities and Exchange Commission (SEC) filing dated February 10, 2026, 1492 Capital Management LLC initiated a new position in Applied Optoelectronics, acquiring 215,987 shares. The estimated transaction value was $7.53 million based on the quarterly average share price. The stake’s quarter-end value also totaled $7.53 million, capturing both the purchase and any price changes during the quarter.What else to knowThis was a new position, with the stake representing 2.88% of 13F reportable assets under management as of December 31, 2025Top five holdings after the filing:NYSE: CRS: $9.05 million (3.47% of AUM)NYSE: ZETA: $8.37 million (3.20% of AUM)NYSE:AAOI: $7.53 million (2.88% of AUM)NYSE: CPA: $7.34 million (2.81% of AUM)NASDAQ: GDYN: $7.31 million (2.80% of AUM)As of February 9, 2026, shares of Applied Optoelectronics were priced at $47.91, up 56.98% over the past year, outperforming the S&P 500 by 46.22 percentage pointsCompany overviewMetricValueMarket Capitalization$3.31 billionEmployees3,309Revenue (TTM)$421.71 millionNet Income (TTM)($49.57 million)Company snapshotProvides optical modules, lasers, transmitters, transceivers, and turnkey fiber-optic networking equipment for data centers, cable television, and telecom markets.Operates a vertically integrated model, designing, manufacturing, and selling networking hardware and optical components through direct and indirect sales channels.Main customers include internet data center operators, cable television and telecom equipment manufacturers, and internet service providers.Applied Optoelectronics is a technology company specializing in the design and manufacture of fiber-optic networking products. With a global footprint and a vertically integrated business model, the company leverages in-house manufacturing to deliver high-performance optical components and modules. Its competitive edge lies in serving large-scale data center and telecom clients with advanced, cost-efficient networking solutions.What this transaction means for investorsInvestment funds buy stocks because they believe they will keep rising, and this has certainly been the case with Applied Optoelectronics.AAOI’s 800G optical transceivers are an essential component for AI data centers, which means they are in high demand. That explains the massive gains in revenue, with revenue increased by 115% in the first nine months of 2025.ExpandNASDAQ: AAOIApplied OptoelectronicsToday's Change(4.36%) $2.35Current Price$56.31Key Data PointsMarket Cap$3.7BDay's Range$51.09 - $56.5752wk Range$9.71 - $56.57Volume148KAvg Vol5.1MGross Margin29.19%Admittedly, the net losses did not narrow a lot on account of the rising cost of goods sold. Nonetheless, the $43 million net loss for the first three quarters of 2025 was less than the $64 million lost in the same year-ago period.Amid the rising demand for its hardware, its stock is experiencing its best performance in nine years. Additionally, it sells at a price-to-sales ratio of 7, a low level considering the massive amounts of revenue growth. That could bode well for 1492 Capital with its relatively aggressive buying of this tech stock.Read NextJan 31, 2026 •By Adé HennisApplied Optoelectronics Chief Legal Officer Sells 12k Shares During a Time of Positive Share Price ReturnsNov 10, 2025 •By Scott LevineWhy Shares of Applied Optoelectronics Are Plummeting TodayNov 7, 2025 •By Eric VolkmanWhy Applied Optoelectronics Stock Sank TodayAug 17, 2025 •By Anders Bylund1 Growth Stock Down 50% to Buy Right NowJun 20, 2025 •By Keith NoonanWhy Applied Optoelectronics Stock Skyrocketed TodayJun 12, 2025 •By Johnny RiceWhy Applied Optoelectronics Stock Is Soaring TodayAbout the AuthorWill Healy is a contributing Motley Fool stock market analyst covering technology and consumer goods industries.

Before The Motley Fool, Will was a freelance writer covering stocks and personal finance for MSN Money, Yahoo! Finance, and Nasdaq. Earlier in his career, he was an expert in geographic information systems, applying spatial and IT skills to perform RF and demographic analysis in the telecom industry. He holds a bachelor’s degree in journalism from Texas A&M University and an MBA in finance and strategy from the University of Texas at Dallas.TMFWillHealyX@HealyWritingStocks MentionedApplied OptoelectronicsNASDAQ: AAOI$56.31 (+4.36%) $+2.35Carpenter TechnologyNYSE: CRS$391.90 (+1.78%) $+6.86Zeta GlobalNYSE: ZETA$16.85 (+12.48%) $+1.87CopaNYSE: CPA$144.98 (+2.30%) $+3.26Grid DynamicsNASDAQ: GDYN$6.46 (+4.79%) $+0.29*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.