1492 Capital Loads Up AAOI With 216,000 Shares Bought
The Motley Fool
by newsfeedback@fool.com (Will Healy)February 24, 2026
AI-Generated Deep Dive Summary
On February 10, 2026, 1492 Capital Management LLC revealed a new investment in Applied Optoelectronics (NASDAQ: AAOI) by acquiring 215,987 shares worth an estimated $7.53 million based on the quarterly average share price. The filing with the Securities and Exchange Commission (SEC) indicated that this purchase marked the beginning of a new position in the company. The value of the stake remained stable at $7.53 million by the quarter's end, reflecting any market fluctuations during the period.
Applied Optoelectronics is a leading provider of fiber-optic networking hardware and optical modules used in data centers and telecommunications networks globally. This investment by 1492 Capital suggests a strategic move into the high-growth sector of optical networking, which is critical for advancing cloud computing, 5G infrastructure, and next-generation internet services.
This development is significant for finance professionals and investors as it highlights the potential opportunities in Applied Optoelectronics, driven by its role in enabling faster and more reliable data transmission. The investment also underscores the confidence that institutional players like 1492 Capital have in AAOI's ability to capitalize on the growing demand for optical solutions in the telecom and data center industries.
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Originally published on The Motley Fool on 2/24/2026