Published on 18 Mar 2024 on GuruFocus.com via Yahoo Finance
Director Che-wei Lin Acquires 31,370 Shares of Applied Optoelectronics Inc (AAOI)
Applied Optoelectronics Inc (NASDAQ:AAOI), a company specializing in fiber-optic networking products, has reported an insider purchase by Director Che-wei Lin. According to a recent SEC Filing, the insider acquired 31,370 shares of the company on March 18, 2024. This transaction has increased the director's stake in the company, reflecting a potential confidence in the company's future performance.
Warning! GuruFocus has detected 4 Warning Signs with AAOI.
Over the past year, the insider has purchased a total of 31,370 shares and has not sold any shares of Applied Optoelectronics Inc. This pattern of insider activity can often provide insights into the company's health and prospects as perceived by its own management and board members.