# Applied Optoelectronics (AAOI): value investors who own it

1 value investor held Applied Optoelectronics in their Q3 2026 13F, led by Polen Capital Management.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Polen Capital Management | 0.0% | $2.9m | Added +29% | 2 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-10-12 | Murry Stefan J. | Chief Financial Officer | Sold | 4000 | $411k |
| 2026-10-05 | Yeh Shu-Hua (Joshua) | *** See Remarks | Sold | 6000 | $720k |
| 2026-09-10 | Murry Stefan J. | Chief Financial Officer | Sold | 4000 | $421k |
| 2026-09-08 | Chang Hung-Lun (Fred) | *** See Remarks | Sold | 32172 | $3.5m |
| 2026-08-18 | Yeh Shu-Hua (Joshua) | *** See Remarks | Sold | 6000 | $886k |
| 2026-08-10 | Murry Stefan J. | Chief Financial Officer | Sold | 4000 | $579k |
| 2026-08-04 | Yeh Shu-Hua (Joshua) | *** See Remarks | Sold | 4715 | $596k |
| 2026-07-21 | Yeh Shu-Hua (Joshua) | *** See Remarks | Sold | 1285 | $154k |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/aaoi). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.