Today, the CFO of Applied Optoelectronics (NASDAQ: AAOI), Stefan Murry, bought shares of AAOI for $30K.
This recent transaction increases Stefan Murry’s holding in the company by 5.92% to a total of $3.18 million. In addition to Stefan Murry, 2 other AAOI executives reported Buy trades in the last month.
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AAOI’s market cap is $879.6M and the company has a P/E ratio of 16.25. Currently, Applied Optoelectronics has an average volume of 3.24M.
Nine different firms, including Cowen & Co. and Craig-Hallum, currently also have a Buy rating on the stock. Starting in March 2018, AAOI received 6 Buy ratings in a row.
In the last 30 days, insiders have sold $68.76K worth of AAOI shares and purchased $727.2K worth of AAOI shares. The insider sentiment on Applied Optoelectronics has been positive according to 112 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Stefan Murry’s trades have generated a -26.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Applied Optoelectronics, Inc. engages in the design and manufacture of optical communications products. Its products include optical devices, such as laser diodes, photodiodes, related modules and circuitry, and equipment for applications in fiber-to-the-home, cable television, point to point communications and wireless.
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