机构投资者控制了应用光电公司（纳斯达克股票代码：AAOI）52％的股份，并在股票上涨18％后于上周获得了回报

2024-02-05 22:16:00 - 富途牛牛综合

KeyInsights

AlookattheshareholdersofAppliedOptoelectronics,Inc.(NASDAQ:AAOI)cantelluswhichgroupismostpowerful.With52%stake,institutionspossessthemaximumsharesinthecompany.Putanotherway,thegroupfacesthemaximumupsidepotential(ordownsiderisk).

Lastweek's18%gainmeansthatinstitutionalinvestorswereonthepositiveendofthespectrumevenasthecompanyhasshownstronglonger-termtrends.Thegainsfromlastweekwouldhavefurtherboostedtheone-yearreturntoshareholderswhichcurrentlystandat611%.

Let'sdelvedeeperintoeachtypeofownerofAppliedOptoelectronics,beginningwiththechartbelow.

机构投资者控制了应用光电公司（纳斯达克股票代码：AAOI）52％的股份，并在股票上涨18％后于上周获得了回报

NasdaqGM:AAOIOwnershipBreakdownFebruary5th2024

WhatDoesTheInstitutionalOwnershipTellUsAboutAppliedOptoelectronics?

Manyinstitutionsmeasuretheirperformanceagainstanindexthatapproximatesthelocalmarket.Sotheyusuallypaymoreattentiontocompaniesthatareincludedinmajorindices.

WecanseethatAppliedOptoelectronicsdoeshaveinstitutionalinvestors;andtheyholdagoodportionofthecompany'sstock.Thissuggestssomecredibilityamongstprofessionalinvestors.Butwecan'trelyonthatfactalonesinceinstitutionsmakebadinvestmentssometimes,justlikeeveryonedoes.Ifmultipleinstitutionschangetheirviewonastockatthesametime,youcouldseethesharepricedropfast.It'sthereforeworthlookingatAppliedOptoelectronics'earningshistorybelow.Ofcourse,thefutureiswhatreallymatters.

机构投资者控制了应用光电公司（纳斯达克股票代码：AAOI）52％的股份，并在股票上涨18％后于上周获得了回报

NasdaqGM:AAOIEarningsandRevenueGrowthFebruary5th2024

Sinceinstitutionalinvestorsownmorethanhalftheissuedstock,theboardwilllikelyhavetopayattentiontotheirpreferences.Hedgefundsdon'thavemanysharesinAppliedOptoelectronics.Thecompany'slargestshareholderisHoodRiverCapitalManagementLLC,withownershipof4.2%.Meanwhile,thesecondandthirdlargestshareholders,hold3.8%and3.6%,ofthesharesoutstanding,respectively.Additionally,thecompany'sCEOChih-HsiangLindirectlyholds2.0%ofthetotalsharesoutstanding.

Onstudyingourownershipdata,wefoundthat25ofthetopshareholderscollectivelyownlessthan50%oftheshareregister,implyingthatnosingleindividualhasamajorityinterest.

Whileitmakessensetostudyinstitutionalownershipdataforacompany,italsomakessensetostudyanalystsentimentstoknowwhichwaythewindisblowing.Quiteafewanalystscoverthestock,soyoucouldlookintoforecastgrowthquiteeasily.

InsiderOwnershipOfAppliedOptoelectronics

Whiletheprecisedefinitionofaninsidercanbesubjective,almosteveryoneconsidersboardmemberstobeinsiders.Managementultimatelyanswerstotheboard.However,itisnotuncommonformanagerstobeexecutiveboardmembers,especiallyiftheyareafounderortheCEO.

Igenerallyconsiderinsiderownershiptobeagoodthing.However,onsomeoccasionsitmakesitmoredifficultforothershareholderstoholdtheboardaccountablefordecisions.

WecanseethatinsidersownsharesinAppliedOptoelectronics,Inc..IthasamarketcapitalizationofjustUS$678m,andinsidershaveUS$31mworthofshares,intheirownnames.Thisshowsatleastsomealignment.Youcanclickheretoseeifthoseinsidershavebeenbuyingorselling.

GeneralPublicOwnership

Thegeneralpublic--includingretailinvestors--own44%stakeinthecompany,andhencecan'teasilybeignored.Whilethisgroupcan'tnecessarilycalltheshots,itcancertainlyhavearealinfluenceonhowthecompanyisrun.

NextSteps:

It'salwaysworththinkingaboutthedifferentgroupswhoownsharesinacompany.ButtounderstandAppliedOptoelectronicsbetter,weneedtoconsidermanyotherfactors.BeawarethatAppliedOptoelectronicsisshowing2warningsignsinourinvestmentanalysis,and1ofthosedoesn'tsittoowellwithus...

Ifyouarelikeme,youmaywanttothinkaboutwhetherthiscompanywillgroworshrink.Luckily,youcancheckthisfreereportshowinganalystforecastsforitsfuture.

NB:Figuresinthisarticlearecalculatedusingdatafromthelasttwelvemonths,whichrefertothe12-monthperiodendingonthelastdateofthemonththefinancialstatementisdated.Thismaynotbeconsistentwithfullyearannualreportfigures.

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ThisarticlebySimplyWallStisgeneralinnature.Weprovidecommentarybasedonhistoricaldataandanalystforecastsonlyusinganunbiasedmethodologyandourarticlesarenotintendedtobefinancialadvice.Itdoesnotconstitutearecommendationtobuyorsellanystock,anddoesnottakeaccountofyourobjectives,oryourfinancialsituation.Weaimtobringyoulong-termfocusedanalysisdrivenbyfundamentaldata.Notethatouranalysismaynotfactorinthelatestprice-sensitivecompanyannouncementsorqualitativematerial.SimplyWallSthasnopositioninanystocksmentioned.