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EdgarHawk

Min-Chu (Mike) Chen

Director

Director

Latest: Director selling · June 2026

3 filings analyzed · 1 company · Latest 2026-06-04

Companies

Company Buys Sells Direction
APPLIED OPTOELECTRONICS, INC. AAOI 1 3 Net selling

Activity

June 2026
medium
Sell
8,247 shares
$1,657,647
Significance 6/10

Director Min-Chu Chen sold 8,247 shares of AAOI at $201.00 for $1,657,647.00; stock since rallied +112.3% in 90 days.

Min-Chu Chen sold 8,247 shares at $201.00 on 2026-06-02, reducing his holding from 169,300 to 161,053 shares. The sale preceded a substantial rally: the stock gained +112.3% over the following 90 days and +12.4% in the 30 days immediately after the transaction. At his prior two sales at AAOI (2026-03-09 and 2026-03-06), the stock also rose post-trade by +69.3% and +89.8% at the 90-day mark, indicating a historical pattern of selling into strength before continued appreciation rather than executing well-timed exits before declines. The company remains unprofitable (net income $-14.3M) despite strong revenue growth of +82.8%, and the current price of $202.89 is now -13.2% from its 52-week high, suggesting the post-sale gains did not persist indefinitely. For investors, the repeated pattern of Chen selling while the stock continues upward warrants tracking whether this reflects portfolio rebalancing activity or a mismatch between his transaction timing and AAOI's momentum.

March 2026
medium
Sell
11,335 shares
$1,203,016
Significance 5/10

Director Chen Min-Chu sells 11,335 shares totaling $1,203,016.46 as AAOI stock hits 52-week high

Chen Min-Chu, a director of Applied Optoelectronics, executed 2 separate sales totaling 11,335 shares for $1,203,016.46 on March 6–9, 2026, reducing his holdings by 6.3% from 180,635 to 169,300 shares. The sales occurred at $97.00 and $108.72 per share, with a blended average of $106.13—the stock now trades at $120.49, which is at the 52-week high. The company is unprofitable (net income of $-17,936,000.00 in the latest quarter, full-year negative) despite strong revenue growth of +82.8% year-over-year. Across his cross-ticker open-market history, Chen's prior buy showed a 90-day return of +3.7%, and his single prior trade at AAOI in August 2025 exhibited the same 90-day return pattern, suggesting a measured rather than conviction-driven pattern of activity.

August 2025
high
Buy
7,500 shares
$171,825
Significance 7/10

Director Chen Min-Chu bought 7,500 shares of AAOI at $22.91 amid cluster buy; stock down -52.3% from 52-week high but up +14.6% YoY revenue growth.

Director Chen Min-Chu purchased 7,500 shares at $22.91 on 2025-08-13, increasing his holdings by 50.0% to 22,500 shares post-transaction. This purchase occurred as part of a cluster buy pattern with 3 other insiders also buying within the past 14 days, suggesting coordinated confidence at current levels. The company's fundamentals show revenue of $102,952,000.00 with annual growth of +14.6%, but net income of $-9,098,000.00 reflects ongoing unprofitability on a full-year basis. The stock is currently trading at $21.01, down -52.3% from its 52-week high of $44.03 and down -28.2% over the past 30 days, though it has recovered +12.4% over 90 days. The convergence of multiple insider purchases at depressed valuations relative to recent peaks, combined with positive revenue trajectory despite current losses, warrants investor attention to whether insiders are positioning ahead of a profitability inflection.

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