Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. Yesterday, May 6, 2014, 125 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $50.00 to $263,000,081.93. Highlighted Stocks Traded by Insiders: Alliance Fiber Optic Products (AFOP) - FREE Research Report Lee Gwong Yih, who is Director at Alliance Fiber Optic Products, sold 2,000 shares at $20.09 on May 6, 2014. Following this transaction, the Director owned 14,000 shares meaning that the stake was reduced by 12.5% with the 2,000-share transaction. The shares most recently traded at $17.51, down $2.58, or 14.73% since the insider transaction. Historical insider transactions for Alliance Fiber Optic Products go as follows:
4-Week # shares sold: 223,640
12-Week # shares sold: 270,594
24-Week # shares sold: 314,954
The average volume for Alliance Fiber Optic Products has been 667,000 shares per day over the past 30 days. Alliance Fiber Optic Products has a market cap of $362.9 million and is part of the technology sector and electronics industry. Shares are up 22.72% year-to-date as of the close of trading on Tuesday. Alliance Fiber Optic Products, Inc. designs, manufactures, and markets various fiber optic components and integrated modules for communications equipment manufacturers and service providers in North America, Europe, and Asia. The stock currently has a dividend yield of 0.76%. The company has a P/E ratio of 15.9. Currently, there are 2 analysts who rate Alliance Fiber Optic Products a buy, no analysts rate it a sell, and none rate it a hold. Exclusive Offer: Get the latest Stock Analysis on AFOP - FREETheStreet Quant Ratings rates Alliance Fiber Optic Products as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Alliance Fiber Optic Products Ratings Report from TheStreet Quant Ratings now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.