Applied Optoelectronics, Inc. (AAOI) Files Form 4 Insider Buying : Min-chu (mike) Chen Buys 10,000 Shares

Applied Optoelectronics, Inc. (AAOI): Min-chu (mike) Chen , director of Applied Optoelectronics, Inc. purchased 10,000 shares on May 25, 2016. The Insider buying transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were purchased at $9.98 per share for a total value of $99,750.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 21, 2016, Hung-lun (fred) Chang (officer ) sold 741 shares at $17.50 per share price.On Mar 8, 2016, Chih-hsiang (thompson) Lin (President and CEO) sold 5,643 shares at $18.63 per share price.Also, On Feb 3, 2016, Stefan J. Murry (Chief Financial Officer) sold 635 shares at $15.90 per share price.On Feb 3, 2016, David C Kuo (General Counsel and Secretary) sold 330 shares at $15.90 per share price.

Shares of Applied Optoelectronics Inc (AAOI) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.09 points or -0.88% at $10.11 with 4,72,048 shares getting traded. Post opening the session at $10.18, the shares hit an intraday low of $9.795 and an intraday high of $10.265 and the price vacillated in this range throughout the day. The company has a market cap of $173 M and the number of outstanding shares has been calculated to be 1,70,77,784 shares. The 52-week high of Applied Optoelectronics Inc is $22.79 and the 52-week low is $8.08.

Applied Optoelectronics Inc Money Flow Index Chart

Applied Optoelectronics Inc. is a vertically integrated provider of fiber-optic networking products primarily for three networking end-markets: Internet data center cable television (CATV) and fiber-to-the-home (FTTH). The Company designs and manufactures optical communications products at varying levels of integration from components subassemblies and modules to turn-key equipment. The Company has three manufacturing sites: Sugar Land Texas Ningbo China and Taipei Taiwan. It designs manufactures and integrates its own analog and digital lasers using a Molecular Beam Epitaxy (MBE) fabrication process. The Company manufactures the majority of the laser chips and optical components that are used in its products.

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