Fly Insider: Applied Optoelectronics, Nucor among week’s notable insider trades

Welcome to “Fly Insider,” The Fly’s weekly recap of notable insider stock transactions. 

NOTABLE INSIDER PURCHASES: Significant insider purchases reported in the prior week from August 14 through August 18 include: 

• VP of Lakeland Finl (LKFN) Jonathan Steiner purchased 3,000 shares of company stock at $55.26 per share for a total transaction amount of $165,780.

• Chairman of Forward Air (FWRD) Thomas Schmitt purchased 16,050 shares of company stock at $62.70 per share for a total transaction amount of $1,006,335.

• Chairman of Applied Optoelectronics (AAOI) Chih-Hsiang Lin purchased 15,802 shares of company stock at $12.60 per share for a total transaction amount of $199,173.

• Director of Sarepta Therapeutics (SRPT) Michael Chambers purchased 23,686 shares of company stock at $108.05 per share for a total transaction amount of $2,559,272. 

                                                                                                            

NOTABLE INSIDER SALES: Significant inside sales reported in the prior week from August 14 through August 18 include:

•  VP of Nucor Corp (NUE) Douglas Jellison sold 5,194 shares of company stock at $172.92 per share for a total transaction amount of $898,152.

• Director of Arcbest (ARCB) Steven Spinner sold 4,000 shares of company stock at $109.62 per share for a total transaction amount of $438,484.

• Chairman of Altair Engineering (ALTR) James Scapa sold 10,000 shares of company stock at $62.47 per share for a total transaction amount of $624,650.

• Beneficial Owner of AEON Biopharma (AEON) Strathspey Crown sold 7,380,394 shares of company stock at $10 per share for a total transaction amount of $73,803,940.

NOTABLE PRICE MOVEMENT AFTER INSIDER TRANSACTION: Shares of Applied Optoelectronics moved up approximately 19% after Chairman Chih-Hsiang Lin purchased 15,802 shares of company stock at $12.60 per share, while shares of Nucor moved 4% lower after VP Douglas Jellison sold 5,194 shares of company stock at $172.92 per share.