Applied Optoelectronics Form 4 Filing Shows President And CEO Lin Chih-Hsiang (Thompson) Bought 20,000 Shares At An Average Price Of $12.38/Share
Portfolio Pulse from Happy Mohamed
Applied Optoelectronics' President and CEO, Lin Chih-Hsiang (Thompson), has purchased 20,000 shares of the company at an average price of $12.38 per share, according to a Form 4 filing with the SEC.
August 18, 2023 | 8:19 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Applied Optoelectronics' CEO has shown confidence in the company by purchasing 20,000 shares. This could potentially signal a positive outlook for the company's stock.
Insider buying is often seen as a positive sign as it indicates that those with the most insight into the company believe its stock is undervalued or likely to rise. In this case, the CEO of Applied Optoelectronics has purchased a significant number of shares, which could suggest he believes the company's stock will perform well in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100