Chairman, President and CEO of Alliance Fiber Optic Products Inc. (AFOP) Peter C Chang sells 30,000 shares of AFOP on 11/04/2010 at an average price of $11.18 a share.

Alliance Fiber Optic Products Inc. has a market cap of $90.1 million; its shares were traded at around $11.1 with a P/E ratio of 19.8 and P/S ratio of 3.1.

AFOP is in the portfolios of Jim Simons of Renaissance Technologies LLC.

This is the annual revenues and earnings per share of AFOP over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of AFOP.

CEO Recent Trades:

• Sell: Chairman, President and CEO Peter C Chang sold 30,000 shares of AFOP stock on 10/22/2010 at the average price of 10.03. Peter C Chang owns at least 604,000 shares after this. The price of the stock has increased by 10.67% since.

CFO Recent Trades:

• Sell: Acting CFO Anita K Ho sold 4,333 shares of AFOP stock on 10/28/2010 at the average price of 10.63. Anita K Ho owns at least 16,950 shares after this. The price of the stock has increased by 4.42% since.


• Sell: Acting CFO Anita K Ho sold 2,502 shares of AFOP stock on 10/26/2010 at the average price of 10.56. Anita K Ho owns at least 21,283 shares after this. The price of the stock has increased by 5.11% since.


• Sell: Acting CFO Anita K Ho sold 1,000 shares of AFOP stock on 08/05/2010 at the average price of 9.15. Anita K Ho owns at least 33,175 shares after this. The price of the stock has increased by 21.31% since.


• Sell: Acting CFO Anita K Ho sold 1,031 shares of AFOP stock on 08/04/2010 at the average price of 9.15. Anita K Ho owns at least 38,175 shares after this. The price of the stock has increased by 21.31% since.


• Sell: Acting CFO Anita K Ho sold 1,000 shares of AFOP stock on 05/10/2010 at the average price of 7.55. Anita K Ho owns at least 43,332 shares after this. The price of the stock has increased by 47.02% since.

This is the insider trade history vs. stock price of AFOP. For the complete insider trading history of AFOP, click here.

Directors and Officers Recent Trades:

• Sell: VP, Sales & Marketing David A Hubbard sold 6,000 shares of AFOP stock on 10/28/2010 at the average price of 10.41. David A Hubbard owns at least 55,847 shares after this. The price of the stock has increased by 6.63% since.


• Sell: Sr. VP of Prod. Development Wei Shin Tsay sold 7,659 shares of AFOP stock on 08/04/2010 at the average price of 8.95. Wei Shin Tsay owns at least 35,189 shares after this. The price of the stock has increased by 24.02% since.


• Sell: Vice President, Sales and Mark David A Hubbard sold 6,000 shares of AFOP stock on 07/27/2010 at the average price of 8.85. David A Hubbard owns at least 279,236 shares after this. The price of the stock has increased by 25.42% since.


• Sell: Vice President, Sales and Mark David A Hubbard sold 385 shares of AFOP stock on 05/13/2010 at the average price of 7.5. David A Hubbard owns at least 309,236 shares after this. The price of the stock has increased by 48% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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