Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Sells $43,470.00 in Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,242 shares of Alpha and Omega Semiconductor stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $35.00, for a total value of $43,470.00. Following the completion of the sale, the executive vice president now directly owns 115,368 shares in the company, valued at $4,037,880. This trade represents a 1.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Bing Xue also recently made the following trade(s):

• On Thursday, December 12th, Bing Xue sold 1,883 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $47.38, for a total value of $89,216.54.
• On Tuesday, December 3rd, Bing Xue sold 875 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $41.00, for a total transaction of $35,875.00.

Alpha and Omega Semiconductor Stock Up 0.8 %

NASDAQ:AOSL opened at $35.53 on Wednesday. The company has a market cap of $1.03 billion, a price-to-earnings ratio of -53.03 and a beta of 2.48. Alpha and Omega Semiconductor Limited has a twelve month low of $19.38 and a twelve month high of $53.29. The company has a current ratio of 2.65, a quick ratio of 1.44 and a debt-to-equity ratio of 0.03. The stock has a fifty day simple moving average of $38.16 and a 200-day simple moving average of $37.65.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). Alpha and Omega Semiconductor had a negative net margin of 2.94% and a positive return on equity of 0.19%. The company had revenue of $181.89 million for the quarter, compared to the consensus estimate of $180.07 million. During the same quarter in the previous year, the business earned $0.30 EPS. The company’s quarterly revenue was up .7% compared to the same quarter last year. Analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.67 EPS for the current year.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Several hedge funds have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Alpha and Omega Semiconductor by 86.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 56,149 shares of the semiconductor company’s stock valued at $2,084,000 after acquiring an additional 25,991 shares in the last quarter. State Street Corp increased its holdings in Alpha and Omega Semiconductor by 33.2% during the third quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock valued at $49,789,000 after buying an additional 334,657 shares during the period. Systematic Financial Management LP bought a new position in Alpha and Omega Semiconductor in the third quarter worth approximately $702,000. Algert Global LLC lifted its holdings in Alpha and Omega Semiconductor by 172.8% during the third quarter. Algert Global LLC now owns 89,920 shares of the semiconductor company’s stock worth $3,338,000 after buying an additional 56,962 shares during the period. Finally, Point72 Asset Management L.P. boosted its position in Alpha and Omega Semiconductor by 110.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company’s stock valued at $17,503,000 after acquiring an additional 247,051 shares in the last quarter. 78.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on AOSL shares. Stifel Nicolaus reduced their price objective on Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a research note on Wednesday, November 6th. Benchmark reissued a “buy” rating and set a $40.00 target price on shares of Alpha and Omega Semiconductor in a research report on Wednesday, November 6th. B. Riley lowered their price target on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Finally, StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Tuesday, December 24th.

Alpha and Omega Semiconductor Company Profile

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.