Verition Fund Management 13F: Adds $7.8M to AAOI Stake

Verition Fund Management Grows Stake in Applied Optoelectronics

Verition Fund Management boosted its investment in Applied Optoelectronics, Inc. (AAOI) on NasdaqGM during the period ended May 15, 2026, according to a recent Form 13F filing with the SEC. The fund added 53,708 shares to bring its total holding to 141,020 shares. That move marked a 61.5% increase from the prior quarter. The value of the position stood at roughly $20.6 million at the time of the report.

Applied Optoelectronics Stock Valuation and Market Context

Applied Optoelectronics shares trade near $145.73, holding well above both its 50-day moving average of $112.86 and its 200-day moving average of $111.79. The communication equipment maker has seen a wide 52-week trading span, stretching from a low of $18.50 up to a high of $233.67. The company carries a forward P/E ratio of 18.19 based on its expected earnings.

Insider Buying and Selling at Applied Optoelectronics, Inc.

President and CEO Lin Chih-Hsiang (Thompson) parted with 86,655 shares on June 12, 2026. The shares changed hands at an average price of $172.78, bringing the total transaction value to about $15.0 million. Insider sales can happen for many reasons and do not automatically point to a negative outlook for the business.

Analysts Set New Price Targets

Wall Street firms continue to monitor the communication equipment provider closely. On October 15, 2026, B. Riley Securities maintained its neutral rating on the stock while setting a price target of $92.00. Earlier in the season, Rosenblatt kept a buy rating and a $220.00 price target on August 7, 2026. Needham also maintained its buy rating on August 7, 2026, with a $190.00 price target, following an earlier target of $220.00 set on July 22, 2026. Rosenblatt previously reiterated a buy rating with a $220.00 target on June 22, 2026. Overall, the stock carries a consensus buy recommendation with an average price target of $160.00 across five analyst opinions.

Inside the Business Operations

Applied Optoelectronics, Inc. designs, makes, and sells fiber-optic networking products for customers in the United States, Taiwan, China, and elsewhere. Its product lineup includes optical modules, lasers, transceivers, and distribution equipment used in broadband and internet infrastructure. Institutional interest remains active as the company navigates demand across its core optical markets.

What to Watch Next for the Fund and Company

Investors tracking Verition Fund Management will need to wait for subsequent quarterly disclosures to see if the fund continues building its position or adjusts its exposure. Form 13F filings look backward at past holdings and may not reflect current trading activity. The company's next scheduled earnings report is expected around November 5, 2026.